Africa

More than 90% of the territory of Sudan is climatically arid, but access to the Nile Valley allows farming on fertile alluvial soils, as well as the development of irrigated agriculture.

After a five-year recession in 2021, the Angolan economy showed slight growth due to the recovery of the services sector after the Covid-19 pandemic, as well as the rise in oil prices on the world market.

Agriculture is one of the priority sectors for the development of the Algerian economy. The Government encourages the creation of modern agricultural farms

Numerous conflicts, lack of guarantees of capital security and large-scale expropriation are constraining factors for the Sudanese economy.

The agriculture sector generates almost 13% of the country's GDP, and the share at the level of 11-13% has been maintained over the past 20 years.

The structure of Algeria's economy is still dominated by the oil and gas sector, which accounted for about 19% of GDP, 93% of exports and 38% of budget revenues in 2016-2021.

In 2021, Morocco's economy showed growth. Nevertheless, real GDP is still below the pre-pandemic level.

Egypt is known as one of the oldest agricultural civilizations. At the same time, crop production in Egypt is almost entirely dependent on irrigation due to the small volume and irregularity of precipitation.

In November 2016, the Egyptian government reached an agreement with the IMF on the allocation of a $12 billion loan under the Extended Fund Facility program.