Latest News Libya

Development Bank

12/01/2024 at 16h19, by Africa Business+

Uganda Telecom embarks on rural infrastructure expansion after financial upheaval

The group, which has returned to 100% public ownership, will install over 650 towers in areas with little...

Advisory

19/12/2023 at 17h00, by Africa Business+

Former BSGR counsel Karel Daele represents Belgium against Libyan Investment Authority

In early December, the Libyan sovereign wealth fund initiated arbitration proceedings against the Kingdom...

News

11/09/2023 at 17h01, by Africa Business+

Swiss claims in Libya: the Paris Court of Appeals cancels enforcement of arbitration awarding compensation

Following this decision, the companies claiming compensation from the Libyan State seized NOC assets.

Advisory

05/04/2023 at 18h48, by Africa Business+

Maritime transport

05/01/2023 at 17h45, by Africa Business+

Tripoli promises Tunisian Etraph CEO Mohamed Abid to resume marina works

The national unity government in Tripoli, led by Abdelhamid Dbeibah, assured Mohammed Abid, CEO of the...

Oil & Gas

14/03/2022 at 18h11, by Africa Business+

ConocoPhillips pays $900 million tax bill to Libyan authorities

The USA group, together with TotalEnergies, bought the 8.16% stake in the Libyan Waha Oil Company held...

Construction & Infrastructure

03/12/2021 at 16h49, by Africa Business+

Turkey’s Selant Group well positioned to rehabilitate Tripoli’s historic medina

The inside story from Africa Business+ on the soft power policy deployed by Turkish President Recep...

Advisory

08/11/2021 at 13h00, by Africa Business+

Libya vs Strabag: Tripoli refuses to give in – opts to appeal

Despite two legal setbacks in its dispute with the Austrian public works company, Libya remains confident...

Construction & Infrastructure

04/10/2021 at 16h05, by Africa Business+

Libya: €75 million arbitration award in favour of Strabag confirmed

The Austrian construction company won several contracts associated with three Libyan public groups in...

Construction & Infrastructure

29/03/2021 at 16h21, by Africa Business+

Libya challenges €83 million Washington tribunal’s arbitration award favouring Strabag

The government is seeking either to obtain the annulment of the arbitration tribunal’s decision or,...

Hotel business

14/01/2021 at 14h38, by Africa Business+

Libyan Investment Authority authorised to prosecute Roger Milner King

A London court has just given the green light to the sovereign wealth fund to pursue the businessman...

Bank

15/12/2020 at 15h06, by Africa Business+

Sadiq al-Kabir calls Central Bank of Libya meeting to devalue dinar to around 4,8 dinars/$

The Central Bank of Libya (CBL), led by Sadiq al-Kabir, has arranged a board meeting for Tuesday or...

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