Gabon: Transition Committee grants deposed leader Ali Bongo permission to travel abroad

The Committee for the Transition and Restoration of Institutions (CTRI) in Gabon Wednesday September 6 set free ousted leader Ali Bongo placed under house arrest since August 30. The permission came following a meeting between Bongo and Central Africa Republic (CAR) President, envoy of the Economic Community of Central African States (ECCAS) Faustin Archange Touadera. […]

Libyan economic loss in 10 years reached $600 billion, World Bank says 

A World Bank report released this week estimated that Libya’s economy suffered losses amounting to $600 billion over the past decade, calculated at 2015 constant values. These staggering losses underscore the severe impact of prolonged conflict and political instability on the nation’s economic potential. The report highlighted that without these disruptions, Libya could have achieved […]

IMF approves $1.2 billion for Egypt following economic review

The International Monetary Fund (IMF) Executive Board completed its fourth review of Egypt’s economic reform program under the Extended Fund Facility (EFF) arrangement, granting the country immediate access to approximately $1.2 billion. The approval, announced on Tuesday March 11, marks a significant step in Egypt’s ongoing efforts to stabilize and reform its economy with the […]