$44.6651.24

Libya

Country in North Africa
Libya is a country in North Africa, bordering the Mediterranean Sea. Its area is about 1.8 million sq. km, making it the fourth largest in Africa. The population is approximately 7 million people. The capital is Tripoli. Historically, Libya was under the rule of the Ottoman Empire and then became an Italian colony. The country gained independence in 1951. After the events of 2011, which led to the overthrow of long-time leader Muammar Gaddafi, Libya has been experiencing a prolonged period of political instability.
2015
The Skhirat Peace Agreement was signed between the conflicting parties in Libya
2020
An agreement was signed in Geneva to implement a permanent ceasefire regime in Libya
2020
The Libyan Political Dialogue Forum agreed on a roadmap for holding elections
2021
A Government of National Unity was formed, uniting rival governments
2021
Significant recovery in oil production occurred, reaching over 1.1 million barrels per day
2022
No terrorist acts or deaths have been recorded since this year
2024
The National Oil Corporation exceeded its annual oil production target
2025
Sirte Oil Company achieved its highest level of daily crude oil production in 20 years
2025
The country's economy was projected to expand by 14.3%, one of the fastest growth rates in the region
News by theme