North Africa builds its minerals’ future

By Alex Feytis
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 spared...

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