Kurma Partners has announced the first closing of its Biofund IV at €140 million (US$154.5 million) and is pressing ahead to a final close of €250 million this time next year. The fund will make 16 to ...

China attempted to send $1 billion worth of drones disguised as COVID-19 aid to a Libyan warlord through the assistance of corrupt U.N. officials, according to a Canadian government investigator.

A standoff over control of the bank had destabilized the country’s economy and raised the prospect of fresh fighting between Libya’s eastern and western factions. By Vivian Yee and Islam Al ...

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Libya's oil production has been suspended due to a political dispute over the Central Bank's leadership. A recent agreement between rival factions has paved the way for the resumption of oil ...

European VC firm Kurma Partners has unveiled its latest biotech fund, with 140 million euros ($154 million) raised so far and three biotech beneficiaries already named. Kurma plans to raise a ...

LONDON, Oct 16 (Reuters) - A resumption of Libyan crude output after a political crisis over the central bank slashed the OPEC member's exports to a four-year low, has led to a surplus in crude ...

The Nigeria men’s soccer team is back home after being stuck at a remote Libyan airport for over 15 hours, according to Nigeria’s football governing body and team captain William Troost-Ekong.

DUBAI, Oct 10 (Reuters) - Libya's National Oil Corporation (NOC) said on Thursday that it has restored production close to levels before the country's central bank crisis, reaching 1.22 million ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

Libya's footballing body says Nigeria is to blame for the postponement of a scheduled Africa Cup of Nations qualifier. The Super Eagles had refused to play the match citing mistreatment upon their ...

By Henry Umoru & Gift ChapiOdekina The Tunisian pilot who flew the Super Eagles of Nigeria to Libya for African Cup of Nations, AFCON, qualifying match in Benghazi has said he was ordered by the ...