North Africa economic outlook 2023

North African countries are projected to see a slight increase in economic growth to 4.6 percent in 2023 and 4.4 percent in 2024, and should make green growth an urgent priority, according to the African Development Bank. According to the Bank Group, growth in the region is essentially driven by the service sector, particularly trade and tourism. Growth in North Africa in 2022 was moderate: 4.1 percent compared with 5.4 percent in 2021.

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