Morocco’s green mobility revolution: The geo-economic factors driving its rise as an electric vehicle manufacturing hub
Rabat’s recent announcement that it would soon sign an agreement for the construction of a “gigafactory” to make electric vehicle (EV) batteries has placed Morocco in pole position to become a green mobility leader in the Middle East and North Africa.
مثل الولايات المتحدة وأوروبا، شهد المغرب بدوره ارتفاعًا في معدلات التضخم مؤخرًا، مسجلة معدلا وصل 6.4 في المائة خلال يوليو 2022، وهو تضخم قادم من الخارج، يسمى ب”التضخم المستورد”. فبفضل سياسته النقدية المتينة، تمكن البلد من إبقاء التضخم عند الحد الأدنى في الماضي، لكن الوضع تغير الآن، كما أن السياسة النقدية المحلية غير قادرة على مواجهة العوامل الخارجية التي أدت إلى الارتفاع الأخير في الأسعار.
Like the U.S. and Europe, Morocco, too, has seen inflation rates rise recently. Morocco was able to keep inflation to a minimum over the past decade, but now things have changed and domestic monetary policy seems unable to address the external factors driving the recent rise.
What's next for Tunisia after the constitutional referendum?
On July 25 Tunisians approved a new constitution that will give the president, Kais Saied, expansive new powers, centralizing control of the country while removing many of the existing checks and balances. According to figures from the state electoral body, an estimated 94% of those who voted in the national referendum approved the measure, although turnout, which officials put at 30.5%, was relatively light. Following on from the vote, here’s what can be expected moving forward.
Germany’s Expanding Partnership with Morocco: Strengthening Supply Chain Resilience is the Driving Factor
The deepening partnership between Germany and Morocco has been driven by the private sector, providing an enduring foundation for cooperation. During the 2021 diplomatic crisis over Berlin’s position toward Rabat’s autonomy plan for the Sahara region, German-Moroccan business-to-business relationships remained largely unaffected. The fraying of global supply chains is bringing now Germany and Morocco into a closer economic partnership. The sudden supply shocks caused by Russia’s war against Ukraine have accelerated that process. In the years just prior to the COVID-19 pandemic, global supply chains were already shortening as companies and countries in Europe placed greater emphasis on resilience rather than on just-in-time inventories serviced by distant Asian suppliers. This structural transformation meant bringing sourcing and manufacturing closer to European end-markets. The drive to “nearshore” while maintaining a competitive advantage has provided an impetus to German and other international firms to locate manufacturing facilities in Morocco, which has focused on cultivating an appropriate business ecosystem.
Intissar Fakir is joined by Marwa Haddar and Fadil Aliriza to discuss the economic issues Tunisia is facing, international financial institutions’ role in the crisis, and the government’s actions, or lack thereof, to help the country.
Since the beginning of 2022, Tunisian President Kais Saied has issued decrees reshaping the judiciary in a way that further subordinates it to the executive branch of government. Saied claims that his aim is to “cleanse” it of corruption and other forms of wrongdoing, yet judges counter that the president is interfering in the judiciary and intimidating judges.
أُخُوة يخنقها العداء: التنافس الجزائري المغربي وتحديات الاندماج المغاربي
صَدم وزير الخارجية الجزائري، رمطان لعمامرة، العالم بإعلانه القطع المفاجئ للعلاقات الدبلوماسية بين الجزائر والرباط، بعد ثلاثة عقود من تجاور بارد بين القوتين المغاربيتين. واتهم لعمامرة، في بيان رسمي، تلاه أواخر أغسطس/آب 2021، المغرب بالتخلي عن التزامه بتنظيم استفتاء لتقرير المصير في الصحراء الغربية، من بين ما أسماه “أعمال عدائية ومشينة” أخرى ارتكبها ضد الجزائر.
Brothers at arm’s length: Moroccan-Algerian rivalry and the challenge of Maghrebi integration
In late August 2021, Algerian Minister of Foreign Affairs, Ramtane Lamamra, shocked the world by abruptly severing diplomatic relations with Rabat after three decades of a cold modus vivendi between the two Maghrebi powerhouses. In an official statement, Lamamra accused Morocco of abandoning its commitment to organizing a referendum for self-determination in Western Sahara, among other “hostile and despicable acts” against Algeria.
Morocco counters Russia’s weaponization of the food-energy nexus
After 100 days of war in Ukraine on Europe’s eastern flank, a critical new front has opened on Europe’s southern flank with the food crisis in Africa. As Europe faces a two-front, geo-economic war of attrition with Russia, Morocco’s plan to increase its fertilizer output by nearly 70% changes the strategic equation by countering Moscow’s ability to weaponize the food-energy nexus. In so doing, Morocco has demonstrated its increasing importance as a geopolitical partner for Europe and the United States in Sub-Saharan Africa.
Tunisia’s food shortages shine a spotlight on its core economic failings
President Kais Saied’s war on speculation is attempting to direct the focus of people’s anger about food shortages onto speculators. A recent emergency importation of grain has stayed off the emptying of shelves, but as the country’s treasury empties and eventually products begin to disappear from stores again, the people’s patience and faith in his new political project will wear very thin. For now, he is profiting from national exhaustion, but how long till hunger becomes anger and anger becomes a movement?
