North African countries have the potential to contribute to global manufacturing, several factors need to be considered when assessing their suitability as the “factory of the world.” Here are some points to consider:Geographical Location: North African countries have advantageous geographic locations, providing proximity to major markets in Europe, the Middle East, and Africa. While some North African countries have experienced political transitions and occasional unrest, efforts have been made to maintain stability and create a favorable investment climate. Industrial Zones and Free Trade Agreements: North African countries have established industrial zones and free trade agreements (FTAs) with multiple regions, creating opportunities for manufacturers. Sector Focus: North African countries have shown strengths in certain sectors, such as textiles, clothing, automotive, electronics, and agro-industry. It is important to note that each North African country has its unique characteristics, advantages, and challenges.

Source: The North Africa Journal May 25, 2023 06:32 UTC