Libya takes bold steps to address liquidity crisis with new banknote printing and digital payment initiatives

Libya is enacting extraordinary measures to tackle its persistent liquidity crisis. On December 5, 2024, the Central Bank of Libya announced a partnership with the British company ‘De La Rue’ to print 30 billion dinars (approximately $6.25 billion) in new currency. This decision follows years of acute financial difficulties, compounded by political instability since the […]

Morocco & EU seal green partnership to decarbonize their economies

Morocco and the European Union signed on Tuesday in Rabat a “Green Partnership” to counter climate change, advance their energy transition, protect the environment and boost the green economy. The agreement was inked by Foreign minister Nasser Bourita and European Commission Vice-President Frans Timmermans. This is the first Green Partnership the EU signs with a […]

Libya: UN welcomes outcome of consultative meeting in Rabat

The UN expressed, on Saturday, its support for the outcome of the consultative meeting, held on Thursday and Friday in Rabat, between the delegations of the Libyan House of Representatives and the High State Council on the legal framework of the upcoming elections in Libya planned for December 24. The United Nations Support Mission in […]