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Libya’s Public Debt Nears Economic Output, Audit Bureau Reports

Libya’s public debt stood at nearly $50 billion in 2024, according to the annual report of the Libyan Audit Bureau, excerpts of which were published by the state-run Libyan News Agency. The report puts total debt at 270 billion Libyan dinars (about $49.8 billion), comprising 84 billion dinars owed by the Tripoli-based Government of National […]

Libya: Rival governments unite for LIA against financial institutions

Fighting between Libya’s two rival governments continues and efforts to end it have still proven unsuccessful but the two parties have decided to unite behind the Libyan Investment Authority (LIA) in its battle in court against Goldman Sachs and Société Générale. Delegates of the Tobruk and Tripoli governments agreed in Berlin on Thursday to forgo […]

Mali: AU reiterates its call for the Malian transition to be led by a civilian

Like ECOWAS, the Peace and Security Council of the African Union has called again for the Malian transition to be led by a civilian. For a “rapid transition led by a civilian” and a “return to constitutional order”. This is the appeal launched Thursday by the AU Peace and Security Council at the end of […]