According to a report out Wednesday from the Tanger Med Port Authority (TMPA), the port complex handled over 10.24 million TEU containers (Twenty-Foot Equivalent Units of port traffic) in 2024, up 18.8% from 2023. Local Moroccan media suggested that the improvement was down to “the commissioning of new equipment, and the optimization of ports of call, which helped reduce waiting and maneuvering times”.
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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