In Libya, the national unity government (GNA) has threatened to suspend the activities of 40 European firms such as Total and Siemens operating in the country.
In a decree published on May 9, 2019, the government sets a 3-month deadline for those firms to renegotiate their exploitation rights or be suspended.
According to a communique published by the economy and industry ministry, it is mainly a warning because those licenses would expire soon.
Analysts think that this is a way to pressure European countries, France mainly.
Fayez al-Sarraj, chairman of the presidential council, had accused Paris and other European countries of supporting marshal Khalifa Haftar, his enemy who has been attacking Tripoli since April 4, 2019, to root out GNA and its militia.
“In reality, the decree is motivated by a desire to show European states that their leniency towards the eastern-Libyan faction has immediate consequences on their economic interests,” said Jalel Harchaoui, research fellow at the Clingendael Institute.
In chaos since the downfall of Muammar Gaddafi in 2011, Libya is ruled by two governments. The union government is based in Tripoli while the second government is based in Tobrouk and supports marshal Khalifa Haftar.
According to Libyan sources, Fayez al-Sarraj was not satisfied with the result of his meeting with the French president a day before the decree.
Emmanuel Macron called for a truce but did not invite marshal Haftar to move to the east.
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for u...
In this week’s Health News Roundup, the U.S. is tightening health aid through bilateral agreements tied to co-financing and measurable targets, while...
Ghana resolves the $750m Afreximbank dispute. This strategic move avoids default and protects the lender’s credit rating from agency...
Ethiopia seeds 2.7M hectares for summer wheat, aiming for 17.5M tons to end import dependency and save ~$1B annually in foreign exchange. High costs...
The talks reportedly aim to boost digital resilience after West Africa’s recent connectivity disruptions. The project would focus on route diversity,...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...