Emerging Markets Finance Libya

Libya’s central bank reports January-February revenue and expenditure figures amid economic challenges

Libya’s Central Bank has published its financial report for the first two months of 2025, revealing total revenues of 18.256 billion dinars and expenditures exceeding 8.4 billion dinars. The primary source of revenue for the period from January 1 to February 28 was oil sales, which generated 14 billion dinars. Additional income came from oil […]

Energy Headlines Libya

Libya: NOC’s oil investment plans spark controversy amid concerns over national resources

The Libyan National Oil Corporation (NOC) has announced plans to invite foreign investment into the country’s oil and gas sector, offering 22 onshore and offshore exploration areas in 2025. This move, the first public bidding round in over 18 years, has raised debates regarding whether it is a genuine attempt to develop the sector or […]

Headlines Libya

Libya calls for UNSMIL support on migrants’ voluntary return program

On Wednesday, 5th March 2025, Libyan Interior Minister Emad al-Tarabelsi called on the United Nations Support Mission in Libya (UNSMIL) to help the country and facilitate the voluntary departure of migrants from Libya to their home countries. This came during a meeting the Libyan official held Wednesday with Hanna Serwaa Tetteh, the UN Secretary-General’s Special […]

Energy Headlines Libya

Libya launches first public tender for oil & gas exploration, the first in seventeen Years

Libya has officially announced on March 4 its first public tender for oil and gas exploration in 17 years, marking a significant step in revitalizing the country’s energy sector. The announcement was made during a high-profile ceremony in Tripoli, attended by key officials including Acting Chairman of the National Oil Corporation (NOC), Masoud Suleiman Mousa, […]

Headlines Libya

Libya: Deputy Prosecutors receive forensic training to strengthen criminal justice

Some 75 deputy prosecutors have undergone four specialized training courses, aimed at endowing the trainees with essential forensic medicine skills. The courses were organized by the Criminal Research and Training Centre, part of its training program for the 2024–2025 judicial year. The initiative is designed to improve judicial expertise by enhancing understanding of forensic sciences, […]

Africa Features Headlines International

Russia’s post-Wagner strategy in Africa: expanding influence amid shifting alliances

Following the death of Yevgeny Prigozhin and the collapse of the Wagner Group, Russia has recalibrated its strategy in Africa, maintaining influence through a mix of rebranding, expansion, and diversification, according to a new study by The Global Initiative Against Transnational Organized Crime. The study by the Geneva-based organization notes that Moscow has quickly reassured […]

Egypt Headlines

Libya: Author of assassination attempt on Cabinet Minister Adel Juma identified

The Attorney General’s Office revealed on Tuesday February 25 that the Public Prosecutor has successfully identified the individual responsible for the recent assassination attempt on Cabinet Minister, Adel Juma. The prosecutor confirmed that the suspect had fled the country to neighboring Tunisia. The Public Prosecutor has issued an arrest warrant and taken steps to apprehend […]

Africa Emerging Markets Headlines International Libya

Libya, Somalia forge partnerships in investment, education

Libya and Somalia have signed several Memoranda of Understanding providing for fostering cooperation in investments, educational exchanges, and training opportunities, which are crucial for building human capital and strengthening both nations’ socio-economic development. The deals were signed during talks in Tripoli between President of the Libyan Presidential Council Mohamed Younes El-Menfi and visiting Somali President […]

Blogs Community Features Headlines

Zimbabwe joins war-torn states in Africa’s top 10 most corrupt regimes list — 2024 Corruption Index

African countries experiencing conflict and with highly restricted freedoms and weak democratic institutions, such as South Sudan, Somalia, Zimbabwe or Libya, occupy the bottom of Transparency International’s latest Corruption Perceptions Index (CPI). This ranking places Zimbabwe among Africa’s top 10 most corrupt countries, joining war-torn states like Sudan, Somalia, and Libya. With a score of […]

Europe Headlines International Libya

EU reaffirms commitment to enhancing healthcare in Libya

The European Union’s Ambassador to Libya, Nicola Orlando, reiterated the EU’s commitment to improving primary healthcare services across Libya. His comments followed a meeting with Ramadan Abu Janah, the Minister of Health in the Government of National Unity, in Tripoli, held on Sunday February 23. Orlando took to social media to share his optimism regarding […]