Libya has reached a significant milestone in its post-conflict recovery, with rival political institutions agreeing to adopt a unified state budget for the first time in over 13 years. Governor of the Central Bank of Libya, Naji Issa, announced over the week-end that the eastern-based House of Representatives and the Tripoli-based High Council of State […]
Tag: Libya
Libya, Sudan push for African Investment Bank to drive continental development
Libya and Sudan have reaffirmed on April 12 their commitment to advancing Africa’s economic architecture, with renewed efforts to operationalize the African Investment Bank positioned at the centre of their engagement. Acting Libyan Foreign Minister Taher Al-Baour held talks in Tripoli with Sudan’s Foreign Minister Mohi El-Din Salem, focusing on regional developments and the […]
Libya Steps Up Anti-Money Laundering Strategy, narrows Legal Gaps
Authorities in Libya have renewed efforts to strengthen safeguards against financial crime, as the National Committee for Combating Money Laundering and Terrorist Financing convened its first meeting of 2026 in Tripoli last week. The meeting, chaired by Central Bank Governor Naji Mohammed Issa, brought together representatives from government, judicial, security and regulatory institutions to assess […]
Aliou Cissé Steps Down as Libya Coach After Brief Tenure
Former Senegal head coach Aliou Cissé has resigned from his role as manager of the Libya national football team after overseeing just 10 matches, he confirmed on Wednesday, April 8. Cissé’s final two games in charge ended in draws last month, following friendly encounters against Niger and Liberia. “This March has been very special for […]
Over 80 migrants missing after Libya boat capsizes in Mediterranean
More than 80 migrants are missing after a boat carrying around 120 people capsized in the Mediterranean Sea after departing from Tadjoura, libya, on Sunday, April 5, the UN migration agency reported on April 7, 2026. According to the International Organization for Migration, the vessel overturned after taking on water amid harsh weather conditions. Rescue […]
Libya’s High Council Rejects Power-Sharing Proposal
The Libyan High Council of State on Monday, April 6 rejected a U.S.-backed proposal aimed at unifying rival administrations in eastern and western Libya through a power-sharing arrangement. The initiative, presented by U.S. President’s Senior Adviser for Africa, Massad Boulos, proposed a streamlined government structure, including leadership roles for figures from both factions. The Council, […]
Libya Oil Output Hits Decade High as February Revenue Tops $2bn
Libya’s oil production has climbed to approximately 1.43 million barrels per day—the highest level in more than a decade—according to National Oil Corporation Chairman Masoud Suleiman on Sunday, April 5, 2026. He disclosed that oil revenues for February surpassed $2 billion and were fully transferred to the State treasury without deductions, marking a rare development […]
Sudan, Libya Deepen Military Cooperation with Intelligence-Sharing Pact
Military officials from Sudan and Libya have agreed to strengthen security cooperation and intelligence sharing following high-level talks held in Tripoli on April 5, 2026. The meeting brought together Libya’s Chief of General Staff, Salahuddin al-Namroush, and Sudan’s Director of Military Intelligence, Mohamed Ali Sabir. Discussions focused on enhancing bilateral security ties, improving coordination along […]
Libyan PM Suspends Controversial Oil Deal Over Transparency and Corruption Concerns
Libya’s Prime Minister Abdul Hamid Dbeibah has ordered the suspension of a contentious oil development agreement involving private firm Arkenu, citing growing concerns over transparency, accountability, and potential economic risks. In a directive to the National Oil Corporation, Dbeibah said the deal had triggered public backlash and raised doubts about the management of Libya’s oil […]
Libyan Leaders Push Coordinated Reforms to Bolster Economy and Stability
Libya’s Prime Minister of the Government of National Unity, Abdul Hamid Dbeibah, held talks with Mohamed Takala to review political developments and advance a unified development agenda. The talks held on Wednesday, April 1, highlighted a shared commitment to aligning institutional efforts to drive development and respond to the expectations of the Libyan people. According […]









