lachgar-morocco

Turkey to mediate in Somalia-Ethiopia port row

Somalia and Ethiopia will resume negotiations in Ankara on a port in Somaliland, a breakaway region where Addis Ababa offered recognition in return for using the Red Sea port. Relations worsened when Ethiopia and Somaliland signed a memorandum of understanding to use 20 km of coastal land for a port purpose. Somalia opposed the deal […]

Egypt expands ban on onion exports till end March 2024

Egypt’s Premier Mostafa Madbouly prolonged Monday until March 30, 2024, the ban on onion exports in place since October as part of efforts to control soaring prices of the commodity. Madbouly announced the decision during a meeting with relevant ministers as they tried to monitor the sufficient availability and affordability of various commodities in markets […]

Moroccan fuel distributors see mixed margins in first quarter 2025

Morocco’s fuel distribution sector experienced contrasting margin trends during the first quarter of 2025, with diesel and gasoline gross margins following distinct patterns across two phases, according to the Competition Council’s latest report. The quarterly evolution revealed an initial growth phase from January through mid-February, followed by a decline lasting until end of March. During […]