Libya Devalues Dinar by 14.7% Amid Falling Oil Revenues and Fiscal Strain

Libya’s central bank devalued the dinar by 14.7%, citing declining oil revenues and mounting economic pressures. The decision followed deliberations at the bank’s first board meeting of 2026, held last week, and was based on recommendations from the Monetary Policy Committee. Following the adjustment, the exchange rate was set at 0.1150 Special Drawing Rights (SDR) […]

Morocco leads the way for MENA, Africa in climate action – Emirati Senior Official

Morocco is leading the way for countries in the Middle East and Africa region in climate action, thanks to its leadership and pioneering commitment in the fight against climate change, said Razan Al Mubarak, COP28 High-Level Climate Champion. “The countries of our region and Africa should be incredibly proud of Morocco’s inspiring vision, and take […]

Tuaregs brace for a return to arms as tension simmers in Sahel

The new Sahel nation states have obviously failed to embrace diversity and integrate the Tuareg people whose leaders in Mali and Niger consider a return to the armed struggle against the centralized states. The Tuareg are a nomadic Amazigh people scattered in the greater Sahara notably in what is now southern Algeria and Libya to […]