Libya records slight increase in oil production but decline in gas output
According to the latest figures from Libya’s National Oil Corporation (NOC), crude oil production saw a modest rise this
Libya has officially become the 53rd member of the African Export-Import Bank (Afreximbank). As part of its membership, Libya is set to leverage Afreximbank’s support for several development projects, including the creation of a free zone in Misrata and the development of a land route connecting the country to its neighboring nations. The partnership will likely boost Libya-Africa trade and open access to a wide range of financial products and services.
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