Economy
A month into the U.S.-Israeli military campaign against Iran, the effective closure of the Strait of Hormuz has disrupted African fuel markets, leaving countries from Kenya to Nigeria grappling with fuel shortages, soaring prices, and emergency rationing measures that threaten to deepen poverty across......
Gasoline prices across Arab countries in February 2026 displayed significant variations, with Jordan leading the region in highest fuel costs at $1.460 per liter, followed closely by Morocco at $1.324 per liter. Countries such as Syria and Tunisia recorded prices near $0.90 per liter, reflecting moderate......
Libya stands at the threshold of rapid energy expansion, fueled by surging investor confidence, fresh licensing rounds and bolstered international alliances. The 2026 Libya Energy & Economic Summit (LEES) captured this shift vividly, with high-stakes roundtables featuring the United States, France,......
Royal Air Maroc is preparing a major expansion of its international network in 2026 as part of its strategy to position Casablanca as a global aviation hub and reinforce Morocco’s role as a crossroads between continents. Starting next year, the national carrier will introduce a new wave of direct......
Coface has upheld Morocco’s “B” rating in its October 2025 Risk Review, confirming the country’s moderate and controlled level of business risk. The decision underscores Morocco’s resilient economic fundamentals despite global volatility and regional pressures. According......
The overturning of Imad Ben Rajab’s 2023 conviction by Libya’s Supreme Court has revealed systemic weaknesses in the country’s oil and fuel import processes. Beyond clearing Ben Rajab’s record, the case has illuminated gaps in oversight, testing standards, and institutional coordination,......
Algeria’s southern regions, rich in natural resources like oil, gas, and minerals, present a stark paradox. While these areas are the backbone of the nation’s economy, they remain impoverished and underdeveloped, raising critical governance and security concerns both domestically and across......
Morocco has rapidly emerged as one of the leading markets for Russian wheat exports in recent years, joining other growing destinations such as Nigeria, Kenya, Libya, Tunisia, and Tanzania. Dmitry Sergeyev, chairman of the Russian Union of Grain Exporters and Producers, highlighted this trend in an interview......
Morocco has significantly increased its imports of vegetable oils, particularly sunflower oil, in recent years. This shift in consumption patterns is largely driven by inflation and changing consumer preferences. According to a report from the Russian Federal Center for the Development of Agricultural......
The signing of this agreement highlights the commitment of Morocco and Libya, under the enlightened leadership of His Majesty King Mohammed VI and the President of the Libyan Presidential Council, Mr. Mohamed Al-Menfi, to enhance their sectoral cooperation. Their aim is to create mutually beneficial......
Unilever has inaugurated its new offices at Casablanca Finance City (CFC), marking a significant expansion of its presence in Morocco. This strategic move builds upon the company's century-long history in the country and demonstrates its ongoing commitment to the North African market. The establishment......
In 2024, global crude oil exports experienced a 2% decline, marking the first decrease since the COVID-19 pandemic, according to shipping data. This reduction is attributed to slower demand growth and significant changes in refinery operations and pipeline routes. The global oil market has faced disruptions......
Morocco and Libya are set to restore direct air routes in 2025, marking the end of a decade-long flight suspension between the two North African nations. The announcement emerged from high-level talks in Rabat between Libyan Unity Government's Transport Minister Salem Al-Shahoubi and Moroccan Minister......
