Dune Blanche Dakhla

Morocco tightens controls on copper alloy exports for two years

Morocco has moved to tighten controls on exports of copper alloy ingots, requiring prior authorization for overseas shipments under new rules aimed at safeguarding domestic supply and curbing market distortions. An order published in the official gazette on May 7 adds copper alloy ingots to the list of goods subject to quantitative export restrictions, amending […]

Morocco’s Port of Nador Gets BERD Financial Support

The European Bank for Reconstruction and Development (EBRD) has announced a €200 million loan to state-owned “Société Nador West MED” to enable it finance the basic infrastructure for a new port on the Mediterranean coast of Morocco in the city of Nador. The development of the port is a major boost for eastern Morocco and […]

African economy to grow 3.4% in 2024, World Bank

African economy is expected to grow by 3.4% this year and 3.8 in 2025, said the World Bank, noting that the rate was not enough to curb poverty. The continent needs higher growth rates to help at least 462 million people in sub-Sahara who were still living in extreme poverty by 2023, the World Bank […]