Morocco Turkey Trade Ministers Moulay Hafid Elalamy & Ruhsar Pekcan

Libya accuses unnamed international forces for working against elections

Libya’s envoy to the UN, Taher El-Sonni, has blamed several unidentified international forces for plotting against elections in North African country adding that the stability of the country is not their concern. “There are certain international forces who fear the idea of ​​elections in Libya because their results are not guaranteed, which may not serve […]

African development slowed by sovereign debt

Many African governments, including Kenya and Uganda, are facing unrest due to tax hikes and reduced spending on health and education with the aim to make fiscal spaces for external debt payment. The continent’s foreign debt reached more than $1.1 trillion at the end of last year, according to the African Development Bank, which kept […]

Libya targets refinery overhaul to cut fuel imports, strengthen economy

The Chairman of the National Oil Corporation, Masoud Suleiman, has identified the expansion of domestic fuel production as a strategic lever for revitalizing Libya’s economy, warning that ageing refinery designs, obsolete technologies and weak output have widened the gap between local supply and demand. He said Libya’s five basic refineries have a combined capacity of […]