North Africa Outlook 2021

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With their heavy reliance on services and oil, the economies of North Africa have been hit hard by the coronavirus pandemic. Africa’s second fastest growing region in 2019 is now set for recession as it struggles with the highest coronavirus case load on the Continent. However, these headline figures mask significant variation across a region including Egypt’s economic weight, rapidly declining growth in Tunisia and Morocco and continued conflict in Libya. Politically the picture is equally complex as ten years on from the Arab Spring only Tunisia has successfully maintained democratic elections.

 In Invest Africa’s North Africa Outlook 2021 our panel of experts will offer their political and economic insights for investors navigating this complex region. As thoughts turn to recovery, we’ll be asking how to strengthen the region’s manufacturing capabilities, bring debt levels under control, support burgeoning growth sectors and drive investment to key infrastructure projects.

Key discussion points:

  • Ten years on from the Arab Spring, where does the region stand politically?

  • How can the tourism and services sectors be supported through coronavirus restrictions? What is your long-term outlook for those sectors?

  • What is being done to build a manufacturing base in the region?

  • What security considerations should investors be aware of?

  • How much of a concern are high debt refinancing costs in the region and how will they impact future public investments?

  • Is the North Africa region ready to take advantage of the African Continental Free Trade Area?

  • How will ongoing tension between Ethiopia and Egypt affect international relations in the region? Will the incoming Biden administration change the balance of power?

Confirmed Speakers

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