Errachidia floods tragedy

Libya Central Bank prints 60 billion dinars to maintain cash flow, replace old notes

The Central Bank of Libya announced on Tuesday, 14 October 2025 that it has contracted to print 60 billion Libyan dinars (approximately 11.03 billion U.S. dollars) to sustain liquidity as it phases out old banknotes. The Tripoli-based institution described the move as a precautionary measure to replace the 1, 5 and 20 dinar notes with […]

Libya: UN Proposes New Action Plan as Way Forward to Presidential Elections

Head of the UN special mission in Libya (UNSMIL) Ghassan Salamé Wednesday came up with new actions to end the seven-year old Libyan crisis noting that Libyan Political Agreement (LPA) signed in 2015 remains the country’s political roadmap, although it needs, in its current state, some adjustments. Despite a nearly two-year-old Political Agreement, Libya remains […]

China’s CCECC to invest $1.4bn into Tanzania-Zambia railway upgrade for 30-year concession

The China Civil Engineering Construction Corporation (CCECC) has committed to investing $1.4 billion to revitalize the Tanzania-Zambia Railway Authority (TAZARA), a critical transport route for copper exports in Central Africa. The deal, announced at the recent Zambia International Mining and Energy Conference (ZIMEC 2025), aims to improve infrastructure and operations along the aging railway. Under […]