union-africaine Mohamed harouchi

Mauritania’s growth to slow in 2025 amid extractive sector slowdown- IMF

Mauritania’s economic growth is projected to decelerate to 4.0% in 2025, down from 5.2% in 2024 and 6.5% in 2023, according to the International Monetary Fund’s (IMF) latest Article IV consultation. The slowdown is attributed primarily to a contraction in the extractive sector, which has been a key driver of recent growth. While the economy […]

Fathi Bashagha’s cabinet to take oath in Tobruk after confidence vote

Libya’s new Prime Minister is expected to be sworn in this Thursday before the House of Representatives (HoR), the country’s state legislature, after winning confidence vote from the house members. The former Interior Minister said on Twitter that his team which was validated on Tuesday will also take oath. “The Presidency of the House of […]

Libya Losing Around $10 M Daily, NOC

Libya’s state-owned National Oil Corporation (NOC) accused the Tobruk-based government led by Prime Minister Thinni of stopping the state from earning the much needed revenue from oil sales by blocking loading at the Marsa al Hariga port. Tripoli-based NOC warned in a statement that stopping the exportation of oil will heavily impact the value of […]