North Africa builds its minerals’ future
Published: Thursday, 25 February 2010
Even though the global downturn has slowed growth, North Africa is looking forward to realising its phosphate and other mineral resources
In 2009, after years of economic
prosperity, the annual growth rate in North Africa slowed from
4.4% to 2.6% as a result of the international financial crisis.
The region was affected by lower export earnings, investment
flows, and remittances.
However, even though the global downturn has not