Briefs Bound

Libya’s energy sector is gaining momentum as Sonatrach and other major players resume exploration and drilling across the Ghadames Basin. Recent activity includes Sonatrach’s return after a decade-long halt, new exploratory wells by the National Oil Corporation, and successful deep-layer production tests by Zueitina Oil Company.

The EU’s €7.4 billion package to Egypt marks Europe’s largest financial commitment to any non‑EU partner, aimed at stabilizing Cairo’s economy but adding to its already heavy debt load, now nearing 90 percent of GDP. The deal underscores Egypt’s strategic value to Europe amid regional turmoil and migration pressures.

A whistleblower case and an embezzlement probe have intensified scrutiny of Algeria’s government ministries amid an expanding anti-corruption campaign.

Mali is sinking deeper into darkness as power outages, crumbling roads, and fuel shortages combine into a nationwide crisis. Months of blackouts and blocked fuel imports by jihadist fighters have crippled transport, trade, and daily life, exposing years of neglect in energy and infrastructure management.