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Libya’s Central Bank devalues Dinar by 13.3% amid ongoing political divisions
The Central Bank of Libya (CBL) has announced a significant 13.3% devaluation of the Libyan dinar, adjusting the exchange rate to 5.5677 dinars per US dollar, effective from April 6, 2025. This decision marks a shift from the previous rate of 0.1555 to 0.1349 Special Drawing Rights (SDRs) per dinar. The move comes as part […]
German ambassador expelled from Chad over ‘too much interference’
Germany’s ambassador to Chad, Gordon Kricke, departed N’Djamena airport over the weekend after he was declared ‘persona non grata’ by the government for his “impolite attitude” and expelled from the country. Chad ordered the German ambassador to leave the country within 48 hours for ‘non-respect of diplomatic customs’, the government said in a statement, but […]



