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Libyan Central Bank contradicts government 2021 expenditure figures
The Central Bank of Libya, CBL, published Thursday the government expenditures for 2021 standing at $24.5 billion (85.8 billion Libyan dinars), higher than what figures posted by the cabinet of Prime Minister Abdulhamid Dbeibeh, Libya Update reports. The CBL’s publication comes hard in the wake of announcement by the Government of National Unity (GNU) that […]
BNP Paribas divests its South Africa corporate banks
After Shell, BNP Paribas has ditched its corporate banking business in South Africa, amid a spate of divestments by major multinationals. BNP Paribas, the largest bank in the EU, withdrew from South Africa after 12 years, as it seeks to consolidate its European and Asian business. BNP Paribas is also part of a series of […]
UK: MPs, Lords urge British Executive to recognize Morocco’s sovereignty over the Sahara without delay
Over thirty British members of Parliament and Lords have sent a letter to the Foreign Secretary, David Cameron, urging the British executive to “officially and without delay” support the Moroccan autonomy plan as the “only solution” to the artificial conflict over the Sahara, and pointing out that Morocco deserves UK’s full and unequivocal support. In […]



