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On 18 September, deputy leader of the Government of National Accord’s Presidency Council Ahmed Maetig issued a seven-point agreement reached with warlord Khalifa Haftar, whose Libyan Arab Armed Forces control the eastern part of the country. In a televised address soon afterwards, Haftar confirmed he was lifting the blockade on all ports and terminals. Peace agreements signed by other players during August failed to get this far, and in July a fresh war seemed possible.
Issue 423 - 24 September 2020
Upstream, Downstream, Politics
The AAA-rated African Development Bank (AfDB) is the continent’s biggest financial institution, with a well-defined role that is growing as it leverages its capital and know-how to support essential public and private sector projects and support economies mired in the coronavirus pandemic. The re-election of AfDB president Akinwumi Adesina is an important development that should end a period of corrosive doubt about the bank’s governance, while promoting the bank’s multiple positive roles.
Issue 422 - 10 September 2020
Politics, Finance, Governance
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