The African Union on Wednesday called for a sanction regime against member states that would fail to make their annual financial contributions. African Union Commission chair Moussa Faki Mahamat announced the new measure in a speech at the 20th Extraordinary Session of the Executive Council of the African Union, focused on the continental reform agenda, […]
Prime Minister-designate Fayez al-Serraj of the UN-backed Government of National Accord has revealed plans for presidential and parliamentary elections in 2018 as he stated that “the time has come for unity and salvaging our nation.” In a televised speech broadcast over the weekend, Serraj said he was presenting his “vision and proposals for the next […]
In Libya, losses from the shutdown of major oil fields and terminals had surpassed $2bn, the National Oil Corporation of the war-torn nation said. Production has dropped from 1.2 million barrels a day before January to about 120,000 this week, the corporation said in a statement. The standoff over Libya’s main source of income has […]
