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Libya seeks recovery of $60 Billion Gaddafi-Era investments in U.S. Treasury

The African Energy website reported Monday, December 2 that Libya is seeking to recover over $60 billion in assets secretly invested in U.S. Treasury bonds during Muammar Gaddafi’s regime. The funds, previously unknown, were reportedly funneled through complex networks starting in the 1990s, bypassing strict international sanctions. A delegation led by Mohammed Mansli, Director General […]

UNGA: Africa is still divided in its stance on Russia’s war in Ukraine

African countries have been divided over the vote in the United Nations General Assembly on Wednesday (12 October) that in the end condemned Russia’s “illegal annexation” of Ukrainian territories after Moscow vetoed a similar text in the Security Council in late September. Twenty-six African countries voted in favor of, while nineteen others abstained in the […]

Egypt: Art takes centre stage for months

If the Egyptian revolution has affected the economy, a lot of local artists are benefitting from it because it has helped to expose their works. Art forms as graffiti have now moved from the status of vandalism to a newly-appreciated form of visual art. Mashrou3 Hagar or Hagar’s project is helping them to express themselves […]