moulay rachid

Morocco: Imported inflation leaves little room for fiscal or monetary intervention

Morocco, like most energy importing countries, is facing the fallout of an imported inflation that sent up the prices of basic commodities in the international market. In July, prices rose to 7.7% year on year, according to the national statistics agency. The increase has been felt mostly in food prices and transport cost which rose […]

Morocco, World’s Fifth Largest Olive Oil Producer

Morocco, with an annual production of 140,000 tons, ranks fifth in the list of the world’s largest olive oil producers and exporters, several Moroccan media outlets said. Only six years after the launch of the Green Morocco Plan to boost agricultural production, Morocco managed to bolster its olive production by 70% from 783,000 tons in […]

No breakthrough in Egypt-Ethiopia Nile water talks

Talks between Egypt and Ethiopia on sharing the Nile water have hit a dead-end as both parties trade accusations. As Ethiopia’s Renaissance Dam, the largest in Africa, nears its completion, Egypt protested that the installation may block its share of Nile water, which secures more than 90% of the water supply in the arid country. […]