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 Africa Centres for Disease Control and Prevention (Africa CDC) has approved the first locally manufactured PCR test for mpox,
Egyptian officials recently held talks with the chairman of Poland-based furniture company PADMA to advance plans for a $73 million
Protesters in Zintan, a town located approximately 85 miles southwest of Tripoli, disrupted operations at a major Libyan refinery on
UN political chief Rosemary DiCarlo accused allies of Sudan’s military and paramilitary forces on Tuesday of “enabling the slaughter”
Sign up for the weekly newsletter and get our latest stories delivered straight to your inbox.
