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Morocco’s Tanger Med to outperform nominal capacity in 2024

Morocco’s Tanger Med is expected to outpace its nominal container capacity this year, as the port strengthens its foothold as a major transshipment hub, a port official told Reuters. The port is poised to handle more than 9 million containers after 8.6 million containers last year, that is a growth of 13.4% compared to the […]

Morocco: WB Supervision Team hails work accomplished by Blue Economy Program

The World Bank team in charge of the supervision mission of the Blue Economy Program, conducted jointly with the Moroccan Ministry of Economy and Finance October 17 to 26, congratulated various partners and the program management unit (PMU) for all the work accomplished. “At the end of the supervision mission, the World Bank team congratulated […]

Algeria risks economic decline as barrel drops below $60

The already fragile economic and financial conditions in Algeria are expected to worsen as oil, the country’s main export, drops below $60 per barrel. Oil markets plunged following Trumps tariffs that triggered fears of a global slowdown and reduced demand for oil and gas, whose prices have also declined. Oil and gas represent the bulk […]