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Empirical results provide a positive significant relating financial development and energy consumption in Algeria, and Tunisia. On the other hand, Egypt’s results show a negative significant relationship relating energy consumption and financial development. The paper is valuable to policy makers in North African countries in their pursuit for achieving economic growth as it clarifies the urge for the financial development reforms to stimulate investment and growth.en-USuniversity of October University for Energy consumptionEconomic GrowthFinancial DevelopmentArticlehttps://doi.org/10.20525/ijfbs.v3i1.175