Italy’s Eni to invest over €8 billion in Libya

Italy’s Eni to invest over €8 billion in Libya
Source: Eni

Italy’s Eni will invest around €8 billion in Libya over the next four years to boost energy production, according to Eni CEO Claudio Descalzi earlier this week.  Reuters reported that the investments are part of Rome’s efforts to relaunch its economic and political ties with Africa as part of its so-called Mattei Plan focusing on investing in African energy projects.

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