Egyptair

Morocco’s central bank alerts to climate change impact on monetary policy

Central Bank governor Abdellatif Jouahri warned of the impact of climate change on monetary policy and said the bank was working with the government on a strategy on combating climate change and mitigating its impact.   Climate change “affects growth, employment and inflation, the main variables on which monetary policy decisions are based. Besides, climate-related […]

Morocco’s OCP criticizes US tariff hikes on fertilizer imports

Morocco’s fertilizers and phosphates giant OCP criticized the decision by the U.S. Department of Commerce (DOC) to increase customs duty on Moroccan fertilizers from 14.21% to 16.81%. This new rate, announced after a review of the countervailing duty (CVD), applies retroactively as the final tariff rate for our 2022 imports into the United States, OCP […]

Senegal-Mauritania: GTA project completed at 97%;  BP advances gas production efforts

The Greater Tortue Ahmeyim (GTA) gas production project, spanning Senegalese and Mauritanian waters, has reached 97% completion as of September 2024, according to British Petroleum (BP) and its partners. This update was shared during the inauguration of solar-powered cold storage containers and an information center in Saint-Louis, Senegal, on December 17. In a joint press […]