Northern Africa

Northern African countries have oil, gas, agriculture and mining as their economic backbones. Algeria specialises in oil and gas with  Sonatrach as the biggest oil and gas company in Africa with an annual turnover of US$100 billion. Egypt’s political instability weakens socioeconomic activities in the country. Throughout the instability agriculture and mining remain the backbone of the country’s economic health.

In Northern Africa Algeria, Libya and Sudan economies were transformed by the discovery of gas and oil reserves. Libyan oil is especially valued due to its low content of Sulphur, meaning it produces less polluted oil. Morocco has the most varied industrial base, and maintains its reputation for its high quality cotton textiles.