Horst Köhler à Paris

Instability from 2011 to 2020 cost Libya $1 trillion – Minister of Economy

Libya lost one trillion dollars due to the instability that engulfed the oil rich country from 2011 to 2020, Libyan Minister of Economy Mohamed Hwej has revealed. Libya descended into chaos in 2011 following a NATO-backed revolution that ousted and murdered leader Muammar Gaddafi. Subsequent efforts to unify the country had failed due to rivalry […]

UK reaffirms commitment to strengthening strategic partnership with Morocco

The British government reaffirmed on Thursday its commitment to deepening the strategic partnership it shares with Morocco, describing the Kingdom as “an increasingly vital trade and investment partner for the United Kingdom.” “The United Kingdom is committed to further strengthening this partnership and considers Morocco an increasingly essential trade and investment partner,” said Michael Shanks, […]

Nigeria regains Africa’s top crude oil producer spot in May 2023 — OPEC report

Nigeria has regained its position as Africa’s top crude oil producer for May 2023, according to the latest report published by the Organization of Petroleum Exporting Countries (OPEC), that also attributes the slow growth of the country’s economy by 2.4% year-on-year in the first quarter of 2023 to certain factors including a decline in crude […]