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Mali under threat of sanctions after ‘forced’ resignation of President, PM

The forced resignations of President Bah N’Daw and Prime Minister Moctar Ouane on Wednesday, May 26, were not to the liking of the international mediation team, led by ECOWAS, which had already mentioned possible sanctions. No decision has yet been announced, but sanctions could be adopted quickly. Colonel Assimi Goita – acting Vice President – […]

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 […]

Sudan summons Egypt’s envoy over oil bids in disputed Halayeb triangle

Sudan Thursday said it summoned Egypt’s ambassador to protest concessions tenders issued by Egypt in the disputed Halayeb triangle. “The foreign ministry summoned the Egyptian ambassador Hossam Eissa on Thursday to protest against the tenders issued by the Egyptian oil ministry for areas under the sovereignty of Sudan,” Sudan’s foreign ministry said in a statement. […]