When you need to know
The African Development Bank has reaffirmed its full support for Libya’s reconstruction and economic stabilization efforts.
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The Minister of Economy and Trade, Mohammed Al-Hawij, has discussed with the Director of the Regional Office of the African Development Bank, Mohammed Al-Azizi, cooperation to define priorities, plans and projects that will be i
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The African Development Bank (AFDB) has expected the recovery of the economy and the growth of internal product in Libya for 2023 after a sharp contraction during the last two years.
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The Minister of Finance, Khaled Al-Mabrouk, has participated through the Zoom platform, in the meetings of the Board of Governors of the African Development Bank.
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The Board of Directors of the African Development Bank agreed to grant Libya $480,000 in emergency aid for the purpose of obtaining personal protective equipment essential in treating patients infected with the Coronavirus.
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The African Development Bank has said that the Libyan economy is vulnerable to future shocks, due to faltering economic diversification plans, with the government totally relying on energy exports in its budgeting process, noting that oi
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