On Monday September 2, the National Oil Corporation (NOC) declared force majeure on the El Feel oil field in southwestern Libya, citing circumstances beyond its control as the reason for this measure. According to the NOC’s statement, the declaration was necessitated by current issues affecting crude oil production in Mellitah, which have hindered its ability […]
Sub-Saharan Africa remains the world’s most expensive region when it comes to transferring remittances, with an average cost of transferring money of 8.37% in the second quarter of 2024, according to the World Bank’s most recent report. This cost remains significantly above the global average, despite the increasing importance of remittances in the region’s economies. […]
Libyan Prime Minister Abdullah al-Thinni has escaped Tuesday another assassination attempt in the eastern city of Tobruk, after attending hostile questioning in the parliament According to press reports, the hit-men intercepted the Premier’s convoy and opened fire on his car, but he survived the attack. One of his bodyguards was injured during the operation. Mr. […]
