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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 […]

GCC Expresses Full and Clear Support for the Territorial Integrity of Morocco

The 42nd Summit of the High Council for Gulf Cooperation (GCC) was held this Tuesday, in the city of Al ‘Ula, in the north-west of Saudi Arabia, with the participation of the leaders of its member states, Saudi Arabia, the United Arab Emirates, the Sultanate of Oman, Kuwait, Qatar and Bahrain.   The summit has […]

China gives Mauritania 10billion for development

China and Mauritania have signed an agreement to finance development projects in the latter up to the tune of 10.7 billion Ouguiyas. Of this amount, 4.871 billion ouguiyas will be in the form of a non-refundable donation while 5.845 billion ouguiyas will be given as a loan without any interest. The Minister of Economic Affairs […]