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Libya seeks recovery of $60 Billion Gaddafi-Era investments in U.S. Treasury
The African Energy website reported Monday, December 2 that Libya is seeking to recover over $60 billion in assets secretly invested in U.S. Treasury bonds during Muammar Gaddafi’s regime. The funds, previously unknown, were reportedly funneled through complex networks starting in the 1990s, bypassing strict international sanctions. A delegation led by Mohammed Mansli, Director General […]
Morocco Gets IFC Backing to Improve Business Environment
The Moroccan National Committee for the Business Environment (CNEA) has partnered with the International Finance Corporation (IFC) to improve the business climate in the North African country. Under the agreement signed Thursday by the two parties, IFC pledges to support CNEA in identifying the main barriers to the development of Morocco’s private sector. IFC, member […]
Power Struggle Impedes Economic Reforms in Algeria
Regime opacity and the secrecy shrouding the successor to ailing President Abdelaziz Bouteflika have been hampering Algeria from carrying out economic reforms to wean their economy from dependence on hydrocarbons, especially as the languishing oil prices at 50 dollars a barrel are set to last for years longer. International think tanks and independent media are […]



