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Libya: National Oil Corporation transferred over $14 billion to Central Bank since January

Libya’s National Oil Corporation (NOC) announced this December that it has transferred over $14.8 billion in oil revenues to the Central Bank of Libya since the beginning of 2024. This substantial amount was sent through 23 separate transactions, highlighting the vital role of oil in sustaining Libya’s economy. According to the NOC’s statement, the precise […]

West African leaders, European allies seek to bolster ties to curb terrorism in Sahel

Leaders from West African countries that are members of the Accra Initiative met with European partners in Accra on November 22 for talks on “homegrown” ways to prevent jihadist conflict in the Sahel threatening to “engulf” countries on the Gulf of Guinea. The Accra Initiative is a cooperative and collaborative security mechanism between seven West […]

ECOWAS peacekeeping force is welcome step, yet full of challenges — African analysts

The plan recently agreed by West African leaders to set up ECOWAS peacekeeping force is “a welcome development,” African analysts say but they are skeptical of success because restoring peace and order will not be easy. The Economic Community of West African States (ECOWAS) agreed at a summit this week to establish a regional standby […]