US envoy to Libya Richard-Norland

Oil-rich Libya faces fuel supply crisis as $1 billion in unpaid import bills mount

Oil-rich but war-torn Libya is teetering on the edge of a fuel supply crisis, with more than $1 billion in unpaid dues for imported fuel threatening to disrupt deliveries and deepen the country’s economic woes. The state-owned National Oil Corporation (NOC) has warned that international suppliers are growing increasingly reluctant to continue shipments without payment […]

Gabon: Public procurements under $241,000 to be granted to local SMEs to spur entrepreneurship

The junta in power in Gabon, the Committee for the Transition and Restoration of Institutions (CTRI), decided Thursday to leave from now on all public procurements below $241,000 to local small and medium enterprises (SMEs) in a move to boost entrepreneurship in the central African country. “From now on, public works contracts worth less than […]

IFC provides Morocco’s Fez-Meknes Region $30 Mln for roads projects & Covid-19 response

The International Finance Corporation (IFC) supports Morocco’s Fez-Meknes region road projects and covid-19 response with a $30 million funding.   Ten million dollars will be used for the purchase of disinfection and sterilization equipment, which will be used to sanitize public places. The remaining $20 mln will support the region’s plan to expand and upgrade […]