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Libya: Central Bank Allows Foreign Residents to Use e-Wallets, Sets Daily Transfer Limits

The Central Bank of Libya has instructed commercial banks and electronic payment providers to allow officially registered foreign residents to use e-wallets as part of efforts to expand digital payments and promote financial inclusion.   According to a letter dated March 11, 2026 and referenced 9/2026, which was leaked to Libyan media, the directive is […]

East Africa: EU Global Gateway struggles to challenge rival China’s BRI

To offer developing countries an “alternative” to China’s Belt and Road Initiative (BRI), the EU launched, in 2021, its €300 billion Global Gateway scheme but as Kenya’s case shows, the EU’s initiative struggles to challenge its Chinese rival. For the European Union, investing in trade routes is about economic development and a way to push […]

UN General Assembly reaffirms exclusivity of UN political process to resolve Sahara issue

The United Nations General Assembly adopted a resolution reaffirming its support for the political process conducted under the exclusive auspices of the UN Security Council for the resolution of the regional dispute over the Moroccan Sahara, and reiterating the definitive burial of the referendum. The General Assembly thus confirmed the resolution adopted by the 4th […]