Economy
Mauritania’s fish-processing industry is facing mounting pressure as prolonged electricity cuts in Nouakchott threaten production, damage stocks and raise the prospect of business closures. The latest disruption follows a fire that damaged two electricity transformers in the capital at the end......
The 2026-2027 date season is getting underway in Morocco with strong supplies reaching the wholesale market in Erfoud, highlighting the central role of the Drâa-Tafilalet region in the country’s date industry. The opening of the new agricultural and commercial season is marked by a broad......
Shipping traffic through the Strait of Hormuz has declined sharply, raising renewed concerns about the stability of one of the world’s most important energy corridors and the potential impact on global oil and gas supplies. Shipping data released Wednesday showed that only four vessels passed......
The Moroccan agricultural sector is mourning the death of Mohamed Tazi, founder and chairman of Azura Group, who passed away on September 15. His departure marks the end of a remarkable entrepreneurial journey that helped transform Morocco into a major international player in fresh produce exports. Tazi......
South Korea is sharpening its economic focus on Africa, with Kenya, Tanzania, Mozambique and Rwanda emerging from the latest Korea–Africa Economic Cooperation (KOAFEC) meetings as particularly visible destinations for technology, energy, mining and infrastructure partnerships. The signals came......
Ten years after its launch at COP22 in Marrakech, the Initiative for the Adaptation of African Agriculture, known as the AAA Initiative, is entering a new phase focused on turning climate adaptation plans into concrete investments across the continent. The Food and Agriculture Organization of the United......
Morocco is set to receive $150 million in development financing from the OPEC Fund for International Development to support projects aimed at strengthening the country's water security and climate resilience. The financing is part of a new package approved by the OPEC Fund's Governing Board......
The World Bank has appointed Nobel Prize-winning economist Michael Kremer as its next chief economist and senior vice president for development economics, placing an influential advocate of evidence-based policy at the center of the institution's global research and development agenda. Kremer, a......
Small businesses put economic reforms on the electoral agenda As Morocco prepares to hold parliamentary elections on 23 September 2026, the country’s very small, small and medium-sized enterprises are pressing political parties to move beyond campaign promises and make concrete commitments on......
Morocco is reinforcing two major pillars of its development strategy—transport infrastructure and human capital—through two financing agreements worth a combined €405 million with the African Development Bank. Signed in Rabat on September 17, 2026, the agreements allocate €205......
Disruptions to shipping through the Strait of Hormuz are increasingly affecting markets beyond oil and gas, with fertilizer supplies emerging as another major concern for the global economy. The disruption has reduced the movement of fertilizer cargoes through one of the world’s most important......
Commercial shipping activity through the Strait of Hormuz fell sharply on Wednesday, with only three commodity vessels recorded crossing the strategic waterway, according to preliminary ship-tracking data reported by Reuters on Thursday, September 17, 2026. The figure marked a significant decline from......
Morocco’s Indemnity for Loss of Employment (IPE) is becoming a larger financial commitment for the country’s social security system, with spending increasing significantly faster than the number of people receiving the benefit. Data from the National Social Security Fund (CNSS) annual report......
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