Business Headlines Libya

Libya Emerges as Top Global Market for Turkish Gold Imports

Libya ranked as the world’s fifth-largest importer of Turkish gold and jewelry over the past year, with imports valued at more than $350 million, according to data released by Turkey’s Anadolu Agency on January 11, 2026. Turkish jewelry exports to Libya reached about $356.2 million, underscoring resilient demand despite Libya’s prolonged economic and political headwinds. […]

Business Europe Headlines Morocco

Defense Industry: Morocco Strengthens its Cooperation with Turkey

A Turkish delegation from defense contractor Emtekno paid lately a visit to Morocco to explore cooperation opportunities and showcase its advanced military technology to the Royal Navy. Emtekno company develops cutting-edge technologies for land, air and naval forces. It also provides innovative solutions in the space industry. In Morocco, the Emtekno delegation presented integrated naval […]

Europe Headlines Libya

Libyan Delegation Arrives in Ankara as Probe Continues into Fatal Military Jet Crash

A Libyan delegation arrived in Ankara on Wednesday to follow up on investigations into the crash of a private jet that killed senior Libyan military officials, Turkish media reported. According to the daily Sabah, the delegation is liaising with Turkish authorities at the crash site and monitoring both the technical and judicial investigation processes. The […]

Features Headlines Libya

International Stakeholders rally behind UN Roadmap to stabilise Libya

The Governments of the United States, Egypt, France, Germany, Italy, Qatar, Saudi Arabia, Turkey, the United Arab Emirates, and the United Kingdom jointly expressed on November 27 their full support for the United Nations’ roadmap aimed at achieving unity, stability, and lasting peace in Libya. The statement welcomed the UN Security Council’s extension of the […]

Business Emerging Markets Europe Headlines International

Turkey gains strong foothold in Africa’s arms market

Turkey has cemented its position as one of the world’s major defense markets, with a growing footprint across Africa. In 2024, the country exported more than 300 defense products to around 180 nations, generating $7.2 billion in revenue, a sharp rise from $1.64 billion in 2014. This surge underscores Turkey’s transformation into a global defense […]

Business Emerging Markets Europe Headlines International Morocco

Turkish drone maker Baykar to build factory in Morocco’s Benslimane

Turkish defense manufacturer Baykar would establish a drone production facility in Benslimane, Morocco, marking a major step in the country’s ambitions to develop its military and aerospace industry, Moroccan outlet Le Desk reported. The announcement follows months of speculation and was formalized through the creation of a Moroccan subsidiary, Atlas Defense, headquartered in Rabat. The […]

Europe Features Headlines International

Africa at risk as EU’s steel tariffs reshape global trade flows

The European Union’s decision to impose 50% tariffs on steel imports beyond a reduced quota has sent ripples through global markets — and Africa is bracing for the fallout. While most African countries are technically exempt from the EU’s new tariff regime under WTO rules, the continent may still face serious indirect consequences. With major […]

Energy Features Headlines

Senegal plans construction of second refinery to increase annual refining capacity

Senegal is planning the construction of second refinery, SAR 2.0, by 2029, to increase its annual refining capacity and put an end to its paradox: exporting crude and importing refined fuel although it joined Africa’s oil-producing nations in 2024. Actually, Senegal finds itself in a paradoxical position: exporting its crude to Europe while importing both […]

Africa Features Headlines International

Deadly skies: advanced weapons escalate Sudan’s civil war, threaten regional stability

Sudan’s brutal civil war is entering a far deadlier phase, as advanced weaponry — including surface-to-air missile systems and suicide drones — floods the battlefield, raising alarms about civilian air safety and regional destabilization, according to a Washington Post investigation and confidential arms reports. Paramilitary Rapid Support Forces (RSF) now wield SA-7s, a type of […]

Business Emerging Markets Headlines Libya

Libya, Turkey advance talks to settle pre-2011 contracts and boost economic ties

Libyan and Turkish officials convened in Ankara to address the settlement of longstanding contracts signed before 2011, alongside evaluating those signed in 2024 and 2025. The joint working group also focused on creating a practical roadmap to revive stalled development projects, aiming to enhance the stability of ongoing and future bilateral efforts. The meeting emphasized […]