libya shelling of migrants center

Morocco Hosts 2026 Conference of African Ministers of Finance, Planning and Economic Development

Morocco and UN Economic Commission for Africa signed on Friday the Host Country Agreement for the organization of ECA’s 58th session and Conference of African Ministers of Finance, Planning and Economic Development (COM2026). The agreement was inked in Rabat by ECA Executive Secretary Claver Gatete and Morocco Minister of Economy and Finance Nadia Fettah Alaoui. […]

Libya Secures Landmark Unified Budget Deal After Years of Political Division

Libya has reached a significant milestone in its post-conflict recovery, with rival political institutions agreeing to adopt a unified state budget for the first time in over 13 years. Governor of the Central Bank of Libya, Naji Issa, announced over the week-end that the eastern-based House of Representatives and the Tripoli-based High Council of State […]

Algeria’s crude prices drop below production cost

Algeria’s crude oil, Saharan blend, dropped below production costs and is now sold at a loss at $11.72 per barrel boding ill for the country’s struggling finances. Oil prices have plunged across the globe due to shortage of demand as the lockdown reduced economic activity worldwide. Analysts expect oil prices to remain at their lowest […]