Morocco managed to bring Libyan rivals from West and East around the negotiation table in Bouznika, near Rabat, where a landmark agreement was achieved concerning sovereignty positions. The deal rekindles hopes for peace in the crisis-torn country and shows once again the trust enjoyed by Morocco for its neutrality and respect for Libya’s sovereignty and […]
Libya’s Tax Authority has announced that it collected 3,986,644,300 Libyan dinars in 2025, marking the highest annual revenue since its establishment and approaching the four-billion-dinar threshold. The milestone reflects what officials described as a transformative year for public revenue mobilisation. According to official figures, the western region accounted for the largest share of collections, contributing […]
The US government’s development finance institution, the Overseas Private Investment Corporation (OPIC), has approved an $87 million loan to Lekela Egypt Wind Power BOO. According to local media, Lekela Egypt Wind Power BOO, a subsidiary of Lekela Power, an independent power producer (IPP) based in Amsterdam, Netherlands, will use the loan to develop the Ras […]
