Libyan National Oil Corporation under pressure as Barter System ends

The Libyan National Oil Corporation (NOC) is facing growing pressure to settle its refined oil products import bills as the country’s long-standing barter system comes to an end. While fuel imports continued into Libya in March, the NOC remains unable to pay for these supplies, a situation compounded by the country’s declining oil revenues. The […]

Rwanda: Paul Kagame conducts major overhaul of army

Rwandan President Paul Kagame has dismissed over 100 army senior commanders and terminated the contracts of 112 others, in a major overhaul of the army. The army, which announced the decision in a statement Wednesday, said 14 other top commanders, including Major General Aloys Muganga and Brigadier General Francis Mutiganda, have been also fired. The […]

Tunisia: PM Jomaa to introduce reforms without grievances

Prime Minster Mehi Jomaa talked out the guidelines of the economy’s revival without provoking any protests from the population. Jomaa said a national economic dialogue will be organized to sensitize Tunisians that reforms are needed to solve the economic crises although they won’t be pushed hard. Economic reforms have always been received by protests. Experts […]