The Libyan Ministry of Oil and Gas announced that it collected a total of LYD 1,947,725,346.002 in royalties, taxes and related fees from concession and participation contract companies during January 2026. The breakdown shows that surface rentals contributed LYD 714,346.402, royalties amounted to LYD 127,731,131.644, and tax revenues totalled LYD 1,819,279,957.956. The ministry noted that crude oil accounted for the […]
Morocco and the Pentagon have agreed to continue to work together on counterterrorism, maritime security in the Mediterranean, and other pressing security issues on the African continent. The agreement was reached during the 12th U.S.-Morocco Defense Consultative Committee (DCC) held in Washington Nov.7-8 under the co-chairmanship of Under Secretary of Defense for Policy Dr. Colin […]
More than 300,000 Africans could lose their life to Covid-19 if the continent does not receive the adequate protection, warns the UN Economic Commission for Africa (ECA). In a report released this Friday, the ECA says Africa’s fragile health systems could see additional costs being imposed on them because of the coronavirus pandemic, which so […]
