Libya: Tobruk begins military operation to retake Tripoli

Government forces have once again embarked on airstrikes in Tripoli targeting extremist and paramilitary groups around the surroundings of Tripoli International Airport. The internationally recognized government in Tobruk has already announced in a released statement of Wednesday that it intends “regaining control over Tripoli.” United Nations Support Mission in Libya (UNSMIL) has stated that escalated violence […]

Intra-Africa trade remains ‘difficult’ amid forex shortage, poor infrastructure — Standard Bank’s report

Intra-country trade in 10 key African countries remains difficult amid currency volatility and international capital flight, as business struggle to find the foreign currency, most notably the dollar, needed to pay for imports, according to the 2023 Standard Bank Africa Trade Barometer (ATB). The key finding in the study conducted by Standard Bank, Africa’s largest […]

Libya: PM-designate gets confidence vote, promises peaceful handover as rival vows to resist

Fathi Bashagha, Libya’s new Prime Minister designated by the country’s parliament, promised Tuesday a peaceful transition although outgoing and rival Abdul Hamid Dbeibah vowed to remain in office. The House of Representatives (HoR), as expected, approved Tuesday Bashagha’s cabinet lineup after the latter made amendments to a first team he proposed on Monday and which […]