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Obama’s Confession: Post-Gaddafi Libya Is A Mess

AFRICANGLOBE - Should the West have intervened in Libya to overthrow the "Kafkaesque" regime of strongman Moammar Gaddafi? Surveying the chaos in the north African country five years on, with rival authorities and factions vying for power, many now concede a disastrous lack of planning. US leader Barack Obama has cited the Libya intervention as the worst mistake of his presidency,

After Five Years Of Chaos Libyans Really Miss Gaddafi

AFRICANGLOBE - Five years after an uprising killed Libya’s Muammar Gaddafi, residents in the capital spoke about how they have grown to miss the longtime strongman as the frustrations of daily life mount. "I hate to say it but our life was better under the previous regime," Fayza Al Naas, a 42-year-old pharmacist, told reporters referring to Gaddafi’s more than four decades of rule.

Ten Things About Gaddafi They Don’t Want You To Know

AFRICANGLOBE - What do you think of when you hear the name Colonel Gaddafi? Tyrant? Dictator? Terrorist? Well, a national citizen of Libya may disagree but we want you to decide. For 41 years until his demise in October 2011, Muammar Gaddafi did some truly amazing things for his country. So despite what you’ve heard on the radio, seen in the media or on the TV, Gaddafi did some powerful things that are not characteristic of a “vicious dictator” as portrayed by the western media. Here are ten things Gaddafi did for Libya that you may not know about…

Arabs And Tuaregs Join Forces Against Africans In Southern Libya

AFRICANGLOBE - At least 40 people have been killed in a week of ethnic clashes in southern Libya between rival gunmen from the African Toubou and Tuareg minorities, a local official said. The latest fighting centred on the oasis city of Sabha, the largest in the Libyan Sahara, the official said.

Libyan Crisis Spiraling Out Of Control

AFRICANGLOBE - Libya is fast becoming a failed state. The country continues to suffer at the hands of the scores of militias and armed groups that control the different cities. It has also become a safe haven for transnational terror, human- and arms-trafficking and criminal organisations, including the fast-growing Islamic State (ISIS).

The EU, Mediterranean Deaths And A Failed Libya

AFRICANGLOBE - The case of Libya today as an example of a failed state is beyond doubt with rival splinter groups tearing each other apart and dismantling a once vibrant economy well manned by Gaddafi. The Libyan Coast is now left wide open to dinghy boats captained by many Captains Unscrupulous who are willy-nilly cashing it big time while putting people’s lives in danger.

Italy Ready To Invade Libya After ISIS Fighters Seize Libyan City

AFRICANGLOBE - Italy would be ready to join a U.N.-led force to battle "an active terrorist threat" after recent advances by a faction in Libya that has sworn loyalty to ISIS militants, Italian Foreign Minister Paolo Gentiloni said on Friday.

Rival Rebel Faction Seizes Benghazi Branch Of Libyan Central Bank

AFRICANGLOBE - Fighters for one of the factions battling for control of Libya seized the Benghazi branch of the country’s central bank on Thursday. The central bank is the repository for Libya’s oil revenue and holds nearly $100 billion in foreign currency reserves. It is the great prize at the center of the armed struggles that have raged here since the NATO-led overthrow of Muammar Gaddafi in 2011.

Libya: From Africa’s Richest Country To A Failed State

AFRICANGLOBE - This week marks the three-year anniversary of the Western-backed assassination of Libya’s former president, Colonel Muammar Gaddafi, and the fall of one of Africa’s richest nations. In 1967 Colonel Gaddafi inherited one of the poorest nations in Africa. However, by the time he was assassinated, Gaddafi had turned Libya into Africa’s wealthiest nation. Libya had the highest GDP per capita and life expectancy on the continent.

Burkina Faso: A Thousand Sankaras Come Of Age

AFRICANGLOBE - In 1987, Blaise Compaoré overthrew Thomas Sankara and took over the presidency. 27 years later, Thomas Sankara's ghost may be coming back to return the favour. 30 years ago, on 4 August, 1984, the former French colony of the Upper Volta was re-baptised as 'Burkina Faso' amidst a revolutionary process that proved to be one of the most inspiring, yet ultimately tragic, episodes of modern African history.

Libya: Edging Towards The Precipice

AFRICANGLOBE - The security and humanitarian situation in Libya last week took a nose dive as fighting between rival militias almost shut down the country, obliging thousands of foreigners to leave. With diplomatic missions having shut down, their staff and UN personnel evacuated, Libyans have virtually been abandoned to themselves.

Militias Running The Show In Libya

AFRICANGLOBE - The militias that brought down the regime of Muammar Gaddafi in 2011 show no signs of weakening, and diplomats are warning that the situation in the country continues to deteriorate. Nearly three years after the revolution that ousted Gaddafi, the new Libya is still struggling to find peace and stability.

Neo-Colonial Project In Libya On Brink Of Collapse

AFRICANGLOBE - Two and a half years since NATO’s UN-authorized intervention, Libya is teetering on the brink of failure. The still-transitional government has at best nominal control in much of the country, including the capital, but has been unable to disarm dozens of armed groups.

Libya’s Sovereign Wealth Fund Sues Goldman Sachs

AFRICANGLOBE - Goldman Sachs exploited a lack of financial knowledge at Libya's sovereign wealth fund and a position of trust when it encouraged the fund to invest more than $1 billion in trades that ended up worthless, the fund has claimed in court documents.

Libya Losses $7bn To Oil Field Seizures And Strike Action

AFRICANGLOBE - Libya has lost over $7 billion in oil exports due to seizures of oil fields and strike actions, with growing competition from oil-rich Nigeria and Algeria threatening to further reduce export revenues in the coming months.

Black Libyans Still Being Barred From Returning Home By Arab Militias

AFRICANGLOBE - The ugly cluster of buildings that once hosted dictator Muammar Gaddafi's future admirals at the Janzur Naval Academy are today the closest thing to a home for 300 displaced families from the city of Tawargha.