Libya

Egypt: UN sends message of principles to new president

Congratulatory messages have started flowing into Cairo from the international community after ex-Field Marshall Al-Sisi was announced as the winner of the presidential elections. His victory didn’t come as a surprise to many. Egypt faces challenges that have to deal with security, stability and reconciliation. Al-Sisi in his speech to the nation said the time […]

Mozambique: illicit trade in ‘conflict timber’ smuggled to China funds insurgency, EIA warns

Timber smuggling, estimated to be worth $23 million a year, from Mozambique’s ancient forests to China is helping to fund the country’s Islamic-State linked militants operating in its northernmost province of Cabo Delgado, according to a new report by Environmental Investigation Agency (EIA), A multi-year investigation by the NGO, which campaigns against alleged environmental crime, […]

Algeria: Dinar falls to historic record low

Algeria is trying to balance its finances as its economy continues to struggle due to the low global oil and gas prices that are affecting countries heavily dependent on such revenues. A source close to the North African country’s Central Bank hinted that the authorities at the bank let the Algerian dinar to depreciate against […]