Morocco’s inflation surged to 2.2% in Q1 2025, up from 0.7% in Q4 2024, driven by higher food costs, the High Commission for Planning (HCP) said. Food prices rose 3.7%, with meat adding 1 percentage point, while non-food items climbed 1.1%. Fresh fish and vegetables also contributed to the uptick. The HCP linked the increase to persistent price pressures on staples, signaling continued strain on household budgets in the coming months.
Morocco has approved the creation of a new state-backed company aimed at developing industrial zones dedicated to domestic defense production,
Algeria has canceled a major port construction deal with China and is now turning to France to modernize its maritime
Escalating hostilities between Israel and Iran over the weekend have rattled Egypt’s economy and dealt a blow to its
Morocco is ramping up investment in desalination, dams, and water transfer projects to counter prolonged drought and protect its agricultural
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