North Africa’s Economy

Morocco’s Deficit Widens in Trade With Turkey

Trade between Turkey and Morocco has accelerated sharply, surpassing $5 billion in recent exchanges and strengthening Ankara’s position in the Moroccan market. While the expansion reflects deeper economic integration, Moroccan policymakers are seeking investment-based solutions to address a widening trade imbalance and position the country as a regional production hub ahead of the 2030 World Cup.

Moroccan pharmacy unions push back against proposed ownership reforms$

Moroccan pharmacists’ unions are urging regulators and the professional Order to reject proposals that would allow outside investors to hold stakes in pharmacies. They argue the change could weaken professional independence, reshape pharmacies into commercial projects, and pressure smaller operators that support access to medicines nationwide.

Agriculture: Drought‑Hit 2025 Season Leaves Morocco More Dependent on Cereal Imports, According to FAO$

Morocco ended 2025 with a below‑average cereal harvest and higher food inflation, leaving the country more dependent on grain imports going into the 2025/26 marketing year, according to a new country brief from the UN Food and Agriculture Organization (FAO). The report notes that while late‑season rains improved conditions for the winter crop now in the ground, cumulative rainfall during the 2025 growing season was more than 60% below normal in key cereal‑producing areas, sharply curbing yields and forcing authorities to extend subsidy measures and step up import plans to secure supplies.

Algeria’s 2,000‑Kilometer Mining Corridor: Rail, Iron Ore, and the Road to the Mediterranean$

Algeria’s 2,000‑Kilometer Mining Corridor: Rail, Iron Ore, and the Road to the Mediterranean$

Algeria’s new rail link between Béchar and the giant Gara Djebilet iron ore deposit in Tindouf is designed as far more than a transport upgrade. By tying the remote southwest directly into Oran and other Mediterranean ports, the single‑track, heavy‑freight line is meant to anchor a 2,000‑kilometer economic corridor that can move millions of tons of iron ore and processed steel products while opening up one of the country’s most isolated regions to passengers, jobs, and investment.

Algeria Expands Core Infrastructure Investment Across Core Sectors$

Algeria is scaling up investment in core infrastructure as part of a long-term strategy spanning transport, water security, energy, and mining. Backed by multi-billion-dollar allocations in the 2026 state budget, the program targets roads, railways, ports, airports, and large-scale hydraulic projects, alongside major mining developments linked to new logistics corridors.
Authorities frame the effort as both an economic and social priority, aimed at improving service reliability, supporting industrial growth, and reducing regional disparities, particularly in remote southern areas. Several projects rank among the largest of their kind in Africa and reflect a continued reliance on state-led development to address structural challenges

Tourists and Egyptians Abroad Support the Egyptian Economy$

Tourism and remittances from Egyptians working abroad remain two of Egypt’s most important sources of foreign currency. As the economy continues to face external financing pressure, these inflows support the balance of payments, domestic consumption, and service-sector employment. Recent growth in tourist arrivals and a rebound in remittance flows highlight how closely Egypt’s economic management depends on international travel demand and overseas labor income.

Algeria: Supply Disruptions and Rising Food Prices Amid Transport Strike$

A nationwide freight transport strike in Algeria is disrupting food supply chains and driving sharp price increases across local markets. Reduced truck movements have slowed deliveries to wholesale distribution hubs, limiting the availability of fruits and vegetables and placing pressure on household budgets. Key agricultural and commercial regions are reporting thinning stocks, while retailers warn that prolonged disruption could exhaust remaining supplies. The situation highlights structural vulnerabilities in logistics networks and the direct link between transport continuity, food availability, and price stability.