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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 […]

Ghana steps up cocoa processing resulting in sharp export rise

Ghana’s drive to expand industrial capacity and move up the value chain delivered a record performance in 2025, with non traditional exports surging as cocoa processing and other value added products led growth, official data showed. Non traditional exports – outside commodities – rose to about $2.42 billion in 2025, a 53% jump from roughly […]

Libya loses $2bn over oil production shutdowns

In Libya, losses from the shutdown of major oil fields and terminals had surpassed $2bn, the National Oil Corporation of the war-torn nation said. Production has dropped from 1.2 million barrels a day before January to about 120,000 this week, the corporation said in a statement. The standoff over Libya’s main source of income has […]