Morocco tops Africa's industrialisation index for first time
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Morocco tops Africa's industrialisation index for first time
Morocco ranked first in Africa’s industrialisation index for 2025, scoring 0.8415 and narrowly overtaking South Africa’s 0.8396. South Africa remains a leading industrial economy but shows a gradual long-term decline in industrial competitiveness, with its score falling from 0.8819 in 2010 to 0.8396 in 2024. The index evaluates industrialisation through industrial performance, direct drivers such as investment, infrastructure, education, and access to finance, and indirect factors including the business environment, rule of law, public debt, and inflation. Egypt ranked third at 0.7827, followed by Tunisia at 0.7760. North Africa led as the most industrialised region in 2024, with most countries above the continental average except Libya and Mauritania.
"Morocco has ranked first in Africa's industrialisation index for the first time, overtaking South Africa, which had held the top position since 2010, according to a new report by the African Development Bank (AfDB). The bank's 2025 Africa Industrialisation Index ranked Morocco at 0.8415 points, narrowly ahead of South Africa's 0.8396 points, reflecting what the AfDB described as sustained industrial upgrading, export diversification and the effective implementation of strategic industrial policies."
"South Africa remains one of the continent's leading industrial economies, the report said, but has experienced a gradual long-term decline in industrial competitiveness. Its score fell from 0.8819 points in 2010 to 0.8396 points in 2024. The index measures industrialisation across three main dimensions: industrial performance; direct drivers such as investment, infrastructure, education and access to finance; and indirect factors, including the business environment, the rule of law, public debt and inflation."
"Egypt ranked third in Africa with a score of 0.7827, followed by Tunisia at 0.7760. Algeria placed sixth with 0.6661, meaning four Arab countries featured among the continent's top six industrial economies. The report described Morocco, South Africa, Egypt and Tunisia as Africa's leading industrial quartet, maintaining a significant lead over most other economies on the continent."
"North Africa remained the continent's most industrialised region in 2024 with a score of 0.6891, ahead of Southern Africa at 0.5850. Central, West and East Africa followed. Most North African countries scored above the continental average, except Libya and Mauritania, which fell into the medium and lower-middle industrialisation categories, respectively."
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