economy upfront Bound

Morocco’s Agriculture Facing Headwinds

Morocco’s agricultural sector, a vital part of its economy, is currently facing significant challenges due to persistent drought and a controversial export-oriented strategy. Despite efforts to boost productivity through the Generation Green 2020-2030 program, the focus on high-water-demand crops has strained the country’s water resources, leading to poor harvests and rising food prices. As debates continue within Morocco’s Parliament, the sustainability of these agricultural practices remains a critical concern for the future.

Business: Morocco’s attraction to Chinese tea makes it its biggest customer

Moroccans love a good cup of tea. Mint tea is their favorite, and it is often prepared by first brewing green tea and then soaking mint leaves in it and adding sugar. Where does the green tea come from? China. This year, Morocco has become China's biggest destination...

Energy: Algeria’s Oil and Gas Ambitions in Niger Makes Trans-Sahara Pipeline More Likely

Algeria is making progress in convincing Niger and Nigeria to go ahead with the construction of the trans-Saharan gas pipeline. Two events emerged recently that created uncertainty and risk for this project. The shift from the Mohamed Bezzoum regime to the military...

Sahel: Tension over unfulfilled Niger fuel delivery to Mali

Niger is the new energy producing hub in the Sahel and as such, it is providing hope for other nations in the region that their energy problems would be reduced given Niger's hydrocarbon reserves. Niger already has a deal to supply Mali. But there has been a...

Flurry of Major Infrastructure and Energy Projects in West Maghreb

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economy upfront Bound

Morocco’s Agriculture Facing Headwinds

Business: Morocco’s attraction to Chinese tea makes it its biggest customer

Energy: Algeria’s Oil and Gas Ambitions in Niger Makes Trans-Sahara Pipeline More Likely

Sahel: Tension over unfulfilled Niger fuel delivery to Mali

Flurry of Major Infrastructure and Energy Projects in West Maghreb

Drought Disrupts Wheat Sector in Morocco, Uncertainty with French and Russian Supplies

Algeria’s wheat imports to hit record volumes this summer ($)

Morocco applies for $5 bil IMF loan, likely to get the loan

Tunisia: World Bank suspends new lending to Tunisia after President Saied issued racist comments

Egypt to sell citizenship for money to compensate for bankrupt economy

Egypt to build high-speed rail link

Aviation: Post-Covid Africa remains lackluster market for Boeing and Airbus ($)

Africa: Troubled African nations say they want to restore some “democratic” order

Africa: Nigeria’s economy in Turmoil as country braces for a tense presidential elections

Construction of a Morocco-Spain tunnel under consideration but challenges abound

Egypt: Channeling more than 1.4 billion tons of cargo, Suez Canal sees revenues up 77% in 2022

Energy: New Italian PM heads to Algeria to secure more gas

Algeria makes baby steps to stimulate tourism sector, but just in the Sahara

Tunisia: While waiting for an international bailout, Tunisia looks to raise taxes to stay afloat

Egypt: Suez Canal chief seeks to dispel fears over draft Egypt law

Algeria troubled by Europe’s gas price cap

While Algerian gas keeps flowing into Spain, trade between the two is frozen

Morocco’s fertilizer export earnings to reach new records, used in diplomatic competition

European plane maker Airbus to pay less than 16 mil. euro to avoid corruption probe

Niger has a non-existent economy despite uranium wealth

French cement giant Lafarge accused of supporting “terror groups”

Algeria-France looking to elevate their economic ties

Energy: Algeria set to increase prices of natural gas delivered to Spain

Libya’s eastern government signs oil and gas exploration deal with Turkey, rival government rejects it

Economy: Morocco’s central bank ups interest rates to slowdown surge in inflation

Energy: Morocco and Nigeria sign MoU for a gas pipeline

Algeria and France negotiate increase of gas deliveries ($)

Egypt: Tanker blocks Suez canal

How to influence Africa: Japan pledges $30 billion in Africa-wide investments

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