North Africa in focusICR Research ByPublished 10 February 2020North Africa is experiencing a turbulent political and economic period. Meanwhile the region seeks to increase the pace of development with cement consumption reaching 100Mt in 2018. Domestically, surplus capacity has translated into a more competitive environment, with many producers increasingly turning to the export market. The five north African countries of Algeria, Egypt, Libya, Morocco and Tunisia are all middle-income countries with high development needs and a background of ongoing economic and political reform. Structural reform has been a repeated message from leaders in the region and will set the groundwork for long-term recovery and economic growth.
Source: The North Africa Journal February 10, 2020 11:48 UTC