A recent report issued by the IMF suggests that growth in Libya could move from 2.4% this year to 13.7% in 2025, placing Libya at the forefront of the Middle East and North Africa region in terms of growth expectations. However, the IMF warned of Libya's continued dependence on oil and gas, stressing that the country was in dire need of a clear national economic vision for the future. The oil and gas sector accounted for 60% of the gross domestic product, 94% of exports, and 97% of government revenues, according to data published by the World Bank in 2023.
The Polisario Front, once a credible national liberation movement, is increasingly marginalized on the global stage. Its decades-long struggle for
The European Bank for Reconstruction and Development (EBRD) has signed a grant agreement with ELICA Interconnector, part of Greece’s
A Tunisian court sentenced former prime minister Ali Laarayedh to 34 years in prison on terrorism charges Friday for allegedly
Algerian authorities have suspended Echorouk News TV for 10 days after the channel used a racist slur in a social
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