Libya Thursday announced the creation of a fund worth around $335 million for the reconstruction of Benghazi and Derna, two cities ravaged by years of internal conflicts. A statement by the Government of National Unity (GNU), indicated that the fund will be housed in Benghazi, the country’s second city, and is created to reconstruct the […]
Burkinabe former Minister of Defense, Jean-Claude Bouda, was arrested on Tuesday, May 26. He is charged in particular with “money laundering” and “illicit enrichment”. Jean-Claude Bouda, close to Roch Marc Christian Kaboré, appeared before court for a hearing following a complaint by the National Anti-Corruption Network. Minister of Youth (2016-2017) and then of Defense (2017-2018) […]
Libya’s oil production has dwindled from one million and 300.000 barrels per day (bpd) to one million and 260.000 due to leaks in pipelines, the suspended chairman of the National Oil Corporation Mustafa Sanallah has revealed. The oil-rich African country lost 600 million dollars in lost selling opportunities due to lack of maintenance and huge […]
