IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.45% USD/MXN17.51▲ 0.71% USD/CLP946.84▲ 1.20% USD/COP3,214▼ 0.41% USD/PEN3.39▼ 0.23% USD/ARS1,488▲ 0.36% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.77▼ 0.40% BRENT 87.06 ▼ 7.45% WTI 92.04 ▲ 6.00% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.17% GOLD 4,061 ▼ 2.06% SILVER 58.19 ▼ 3.06% SOY 1,245 ▲ 0.95% CORN 487.00 ▲ 5.41% WHEAT 700.25 ▼ 0.78% COFFEE 312.35 ▼ 1.36% SUGAR 14.72 ▼ 0.14% ORANGE JUICE 147.60 ▼ 1.80% COTTON 81.49 ▲ 2.03% COCOA 5,251 ▼ 1.45% BEEF 220.65 ▼ 1.14% CATTLE 338.90 ▼ 0.67% LITHIUM 69.02 ▲ 0.03% PETR4 43.33 ▲ 1.76% VALE3 76.86 ▲ 2.34% ITUB4 42.52 ▼ 0.89% BBDC4 18.82 ▼ 0.79% ABEV3 16.03 ▼ 0.62% BBAS3 20.96 ▼ 0.62% B3SA3 15.73 ▼ 1.07% WEGE3 45.35 ▼ 2.97% PRIO3 61.13 ▲ 2.28% SUZB3 42.22 ▼ 1.03% RENT3 36.85 ▼ 0.78% AZZA3 17.33 ▼ 2.70% CSAN3 3.94 ▲ 0.51% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 — 0.00% GMAT3 3.89 ▼ 0.51% PSSA3 55.37 ▼ 0.14% CVCB3 1.26 ▼ 0.79% POSI3 3.68 ▼ 0.54% SLCE3 13.99 ▲ 0.21% NATU3 8.67 ▼ 0.12% BRKM5 6.19 ▲ 1.98% RANI3 8.00 — 0.00% CSNA3 5.49 ▲ 2.04% CMIN3 5.78 ▼ 1.03% USIM5 8.63 ▼ 0.23% GGBR4 24.35 ▲ 1.21% ENEV3 25.71 ▼ 1.00% CPFE3 46.39 ▼ 0.69% CMIG4 11.20 ▼ 0.09% EQTL3 38.85 ▼ 1.27% LREN3 13.41 ▼ 0.96% VIVT3 35.19 ▼ 0.54% RAIL3 13.83 ▲ 1.39% KLABIN 17.69 ▼ 1.34% RAIA DROGASIL 18.53 ▲ 1.31% RDOR3 33.73 ▼ 2.20% HAPV3 11.03 ▼ 3.16% FLRY3 16.64 ▼ 0.06% SMTO3 16.17 ▲ 0.75% UGPA3 33.07 ▲ 0.73% VBBR3 35.23 ▲ 0.71% BBSE3 42.48 ▼ 0.23% BPAC11 56.17 ▼ 1.49% CURY3 29.70 ▼ 1.66% AERI3 2.07 ▲ 0.98% VIVARA 21.40 ▼ 0.70% COMPASS 24.81 — 0.00% VAMOS 3.19 ▼ 1.24% SANB11 26.77 ▼ 0.67% ASAI3 8.19 ▼ 2.50% SBSP3 28.88 ▼ 1.40% WALMEX 47.23 ▼ 2.92% GMEXICO 212.47 ▼ 1.18% FEMSA 227.14 ▼ 0.26% CEMEX 21.77 ▼ 1.80% GFNORTE 192.01 ▲ 0.20% BIMBO 59.96 ▼ 0.56% TELEVISA 9.79 ▼ 0.31% AMX 22.71 ▲ 0.09% GAP 380.11 ▲ 0.90% ASUR 270.99 ▼ 0.93% OMA 228.90 ▲ 0.09% KOF 181.76 ▼ 0.49% GRUMA 275.89 ▼ 1.63% KIMBER 38.86 ▲ 0.10% SQM-B 66,601 ▲ 2.38% COPEC 6,500 ▼ 0.76% BSANTANDER 80.05 ▲ 0.25% FALABELLA 6,043 ▲ 0.02% ENELAM 84.52 ▼ 0.01% CENCOSUD 2,005 ▼ 0.24% CMPC 1,071 ▲ 0.06% BANCO CHILE 193.59 ▲ 0.05% LATAM AIR 23.62 ▼ 1.95% YPF 83,000 ▲ 0.61% GGAL 8,145 ▼ 1.57% PAMPA 5,565 ▼ 1.07% TXAR 663.50 ▼ 0.67% ALUAR 975.00 ▲ 0.10% TGS 10,040 ▲ 1.36% CEPU 2,380 ▼ 1.29% MIRGOR 16,975 ▲ 0.30% COME 42.65 ▼ 1.14% LOMA NEGRA 3,745 ▼ 1.71% BYMA 293.50 ▼ 0.68% TELECOM ARG 4,253 ▼ 3.79% ECOPETROL 16.83 ▲ 0.84% BANCOLOMBIA 86.27 ▲ 1.90% GRUPO AVAL 5.00 ▼ 0.79% CREDICORP 390.48 ▼ 0.81% SOUTHERN COPPER 186.65 ▼ 4.52% BUENAVENTURA 31.28 ▼ 2.52% MERCADOLIBRE 1,782 ▼ 0.97% NUBANK 14.33 ▼ 1.24% XP 17.16 ▼ 0.84% PAGSEGURO 9.46 ▼ 2.22% STONE 11.07 ▼ 2.60% GLOBANT 29.77 ▼ 2.95% TECNOGLASS 44.60 ▼ 1.37% GAP AIRPORT 216.77 ▼ 0.35% ASUR 270.99 ▼ 0.93% OMA AIRPORT 104.39 ▼ 0.91% AMX ADR 25.92 ▼ 0.77% FEMSA ADR 129.85 ▼ 0.82% CEMEX ADR 12.40 ▼ 2.56% PETROBRAS ADR 19.23 ▲ 1.77% VALE ADR 15.11 ▲ 1.75% ITAU ADR 8.38 ▼ 1.24% SANTANDER BR 5.37 ▼ 1.43% AMBEV ADR 3.13 ▼ 0.48% CSN 1.11 ▲ 1.38% GERDAU 4.80 ▲ 0.52% LATAM ADR 49.87 ▼ 2.71% BTC 64,865 ▼ 1.87% ETH 1,893 ▼ 2.08% SOL 76.29 ▼ 2.07% XRP 1.11 ▼ 2.90% BNB 566.54 ▼ 0.74% ADA 0.17 ▼ 3.22% DOGE 0.07 ▼ 3.84% AVAX 6.44 ▼ 2.68% LINK 8.45 ▼ 1.99% DOT 0.81 ▼ 2.30% LTC 46.54 ▼ 1.13% BCH 214.49 ▼ 2.49% TRX 0.33 ▼ 0.74% XLM 0.18 ▼ 3.10% HBAR 0.07 ▼ 2.47% NEAR 1.88 ▲ 0.64% ATOM 1.44 ▼ 2.08% AAVE 95.92 ▼ 1.48% SELIC 14.25% EMBRAER 83.69 ▼ 0.12% EMBRAER ADR 65.85 ▼ 0.30% JBS 12.07 ▼ 1.51% JBS BDR 61.01 ▼ 1.28% MBRF3 15.98 ▼ 0.31% MBRFY 3.13 ▼ 1.88% INTER 5.51 ▼ 3.16% IBOV 177,310.14 ▼ 0.13% IPSA 11,020.34 ▲ 0.10% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.45% USD/MXN 17.51 ▲ 0.71% USD/CLP 946.78 ▲ 1.20% USD/COP 3,215 ▼ 0.38% USD/PEN 3.39 ▼ 0.23% USD/ARS 1,488 ▲ 0.36% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.77 ▼ 0.40% BRENT 87.06 ▼ 7.45% WTI 92.04 ▲ 6.00% IRON ORE 161.91 — — COPPER 6.38 ▼ 1.17% GOLD 4,061 ▼ 2.06% SILVER 58.19 ▼ 3.06% SOY 1,245 ▲ 0.95% CORN 487.00 ▲ 5.41% WHEAT 700.25 ▼ 0.78% COFFEE 312.35 ▼ 1.36% SUGAR 14.72 ▼ 0.14% ORANGE JUICE 147.60 ▼ 1.80% COTTON 81.49 ▲ 2.03% COCOA 5,251 ▼ 1.45% BEEF 220.65 ▼ 1.14% CATTLE 338.90 ▼ 0.67% LITHIUM 69.02 ▲ 0.03% PETR4 43.33 ▲ 1.76% VALE3 76.86 ▲ 2.34% ITUB4 42.52 ▼ 0.89% BBDC4 18.82 ▼ 0.79% ABEV3 16.03 ▼ 0.62% BBAS3 20.96 ▼ 0.62% B3SA3 15.73 ▼ 1.07% WEGE3 45.35 ▼ 2.97% PRIO3 61.13 ▲ 2.28% SUZB3 42.22 ▼ 1.03% RENT3 36.85 ▼ 0.78% AZZA3 17.33 ▼ 2.70% CSAN3 3.94 ▲ 0.51% RAIZ4 0.28 ▲ 3.70% PCAR3 2.75 — 0.00% GMAT3 3.89 ▼ 0.51% PSSA3 55.37 ▼ 0.14% CVCB3 1.26 ▼ 0.79% POSI3 3.68 ▼ 0.54% SLCE3 13.99 ▲ 0.21% NATU3 8.67 ▼ 0.12% BRKM5 6.19 ▲ 1.98% RANI3 8.00 — 0.00% CSNA3 5.49 ▲ 2.04% CMIN3 5.78 ▼ 1.03% USIM5 8.63 ▼ 0.23% GGBR4 24.35 ▲ 1.21% ENEV3 25.71 ▼ 1.00% CPFE3 46.39 ▼ 0.69% CMIG4 11.20 ▼ 0.09% EQTL3 38.85 ▼ 1.27% LREN3 13.41 ▼ 0.96% VIVT3 35.19 ▼ 0.54% RAIL3 13.83 ▲ 1.39% KLABIN 17.69 ▼ 1.34% RAIA DROGASIL 18.53 ▲ 1.31% RDOR3 33.73 ▼ 2.20% HAPV3 11.03 ▼ 3.16% FLRY3 16.64 ▼ 0.06% SMTO3 16.17 ▲ 0.75% UGPA3 33.07 ▲ 0.73% VBBR3 35.23 ▲ 0.71% BBSE3 42.48 ▼ 0.23% BPAC11 56.17 ▼ 1.49% CURY3 29.70 ▼ 1.66% AERI3 2.07 ▲ 0.98% VIVARA 21.40 ▼ 0.70% COMPASS 24.81 — 0.00% VAMOS 3.19 ▼ 1.24% SANB11 26.77 ▼ 0.67% ASAI3 8.19 ▼ 2.50% SBSP3 28.88 ▼ 1.40% WALMEX 47.23 ▼ 2.92% GMEXICO 212.47 ▼ 1.18% FEMSA 227.14 ▼ 0.26% CEMEX 21.77 ▼ 1.80% GFNORTE 192.01 ▲ 0.20% BIMBO 59.96 ▼ 0.56% TELEVISA 9.79 ▼ 0.31% AMX 22.71 ▲ 0.09% GAP 380.11 ▲ 0.90% ASUR 270.99 ▼ 0.93% OMA 228.90 ▲ 0.09% KOF 181.76 ▼ 0.49% GRUMA 275.89 ▼ 1.63% KIMBER 38.86 ▲ 0.10% SQM-B 66,601 ▲ 2.38% COPEC 6,500 ▼ 0.76% BSANTANDER 80.05 ▲ 0.25% FALABELLA 6,043 ▲ 0.02% ENELAM 84.52 ▼ 0.01% CENCOSUD 2,005 ▼ 0.24% CMPC 1,071 ▲ 0.06% BANCO CHILE 193.59 ▲ 0.05% LATAM AIR 23.62 ▼ 1.95% YPF 83,000 ▲ 0.61% GGAL 8,145 ▼ 1.57% PAMPA 5,565 ▼ 1.07% TXAR 663.50 ▼ 0.67% ALUAR 975.00 ▲ 0.10% TGS 10,040 ▲ 1.36% CEPU 2,380 ▼ 1.29% MIRGOR 16,975 ▲ 0.30% COME 42.65 ▼ 1.14% LOMA NEGRA 3,745 ▼ 1.71% BYMA 293.50 ▼ 0.68% TELECOM ARG 4,253 ▼ 3.79% ECOPETROL 16.83 ▲ 0.84% BANCOLOMBIA 86.27 ▲ 1.90% GRUPO AVAL 5.00 ▼ 0.79% CREDICORP 390.48 ▼ 0.81% SOUTHERN COPPER 186.65 ▼ 4.52% BUENAVENTURA 31.28 ▼ 2.52% MERCADOLIBRE 1,782 ▼ 0.97% NUBANK 14.33 ▼ 1.24% XP 17.16 ▼ 0.84% PAGSEGURO 9.46 ▼ 2.22% STONE 11.07 ▼ 2.60% GLOBANT 29.77 ▼ 2.95% TECNOGLASS 44.60 ▼ 1.37% GAP AIRPORT 216.77 ▼ 0.35% ASUR 270.99 ▼ 0.93% OMA AIRPORT 104.39 ▼ 0.91% AMX ADR 25.92 ▼ 0.77% FEMSA ADR 129.85 ▼ 0.82% CEMEX ADR 12.40 ▼ 2.56% PETROBRAS ADR 19.23 ▲ 1.77% VALE ADR 15.11 ▲ 1.75% ITAU ADR 8.38 ▼ 1.24% SANTANDER BR 5.37 ▼ 1.43% AMBEV ADR 3.13 ▼ 0.48% CSN 1.11 ▲ 1.38% GERDAU 4.80 ▲ 0.52% LATAM ADR 49.87 ▼ 2.71% BTC 64,865 ▼ 1.87% ETH 1,893 ▼ 2.08% SOL 76.29 ▼ 2.07% XRP 1.11 ▼ 2.90% BNB 566.54 ▼ 0.74% ADA 0.17 ▼ 3.22% DOGE 0.07 ▼ 3.84% AVAX 6.44 ▼ 2.68% LINK 8.45 ▼ 1.99% DOT 0.81 ▼ 2.30% LTC 46.54 ▼ 1.13% BCH 214.49 ▼ 2.49% TRX 0.33 ▼ 0.74% XLM 0.18 ▼ 3.10% HBAR 0.07 ▼ 2.47% NEAR 1.88 ▲ 0.64% ATOM 1.44 ▼ 2.08% AAVE 95.92 ▼ 1.48% SELIC 14.25% EMBRAER 83.69 ▼ 0.12% EMBRAER ADR 65.85 ▼ 0.30% JBS 12.07 ▼ 1.51% JBS BDR 61.01 ▼ 1.28% MBRF3 15.98 ▼ 0.31% MBRFY 3.13 ▼ 1.88% INTER 5.51 ▼ 3.16%
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Thursday, July 23, 2026

Africa Northern Africa

Olive Oil Renaissance in North Africa

By · September 5, 2024 · 2 min read

Africa Intelligence

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Olive oil, long celebrated as a cornerstone of Mediterranean cuisine, has recently ascended to new heights in the global marketplace.

Its production has not only increased but has done so dramatically, surging by more than 60% in recent years.

Traditionally, European countries like Spain, Italy, and Greece have dominated this sector, their names synonymous with quality and tradition in olive oil production.

However, the landscape is shifting. The Maghreb nations—Tunisia, Morocco, and Algeria—are carving out a significant niche for themselves.

These countries are increasingly recognized for their ability to produce high-quality olive oil, matching and sometimes surpassing traditional European standards.

Tunisia: The Golden Liquid at the Heart of the Economy

As the world’s fourth-largest producer, Tunisia crafted 200,000 tons of olive oil in the 2023-2024 season.

Olive Oil Renaissance in North Africa
Olive Oil Renaissance in North Africa. (Photo Internet reproduction)
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Drawing from millennia of heritage and an ideal Mediterranean climate, Tunisia’s vast olive groves, especially in the Sahel and Sfax regions, yield globally esteemed olive oil.

Tunisian brands like Chemlali and Chetoui excel internationally, exporting to Europe, the USA, and Asia.

Rigorous quality controls and investments in advanced infrastructure keep Tunisia at the forefront as Africa’s leading producer.

Morocco: Blending Tradition and Innovation

Ranked seventh globally, Morocco produced 106,000 tons in 2023-2024, merging ancestral knowledge with modern techniques.

Key production areas include Fès, Marrakech, and Meknès, known for oil that is celebrated for its robust flavor and culinary versatility. Brands like Lesieur Cristal showcase Moroccan excellence both domestically and abroad.

The kingdom emphasizes sustainability, fostering organic practices and innovation to enhance quality and yield.

Algérie: A Sector in Full Bloom

Algeria, the world’s ninth-largest producer with 93,000 tons in 2023-2024, sees significant growth in its olive industry.

Olive trees have thrived for centuries in the Algerian landscapes, particularly in Kabylie, the Aurès mountains, and the coastal and inland plateaus.

Algerian olive oil is renowned for its fruity and slightly spicy notes. Among its industry leaders, the brand Dahbia, a 100% organic product from Benhar in the highlands of Djelfa, shines internationally.

Dahbia embodies the excellence of Algerian olive oil, making its mark in prestigious global competitions.

The commitment to sustainability and organic farming is expanding in Algeria. Many producers are adopting environmentally friendly practices, which enhance soil health and product quality.

The Algerian government actively supports these initiatives, aiming to modernize the sector and expand its global market presence.

The Maghreb is establishing itself as a key region in the global production of olive oil. Tunisia, Morocco, and Algeria, with their rich traditions, produce quality oils that are captivating palates worldwide.

This growing sector not only supports local economies but also positions these nations as important contributors to the global culinary landscape.

Part of our ongoing coverage

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