By the AFREEQUE newsroom, based on Libya Herald
The gap between foreign currency use and recorded inflows in Libya reached about $4.7 billion during the first nine months of 2026, according to data cited by Libya Herald. The dollar was then worth 6.44 dinars at the official rate, against about 10.20 dinars on the parallel market.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
The president of Libya’s House of Representatives, Al-Salheen Abdel-Nabi, has asked the Central Bank of Libya to end any increase in the official exchange rate based on a tax that expired on 31 December 2024. He says maintaining it without a new legal basis is irregular, according to the House of Representatives’ spokesman, quoted by Libya Herald.
🇱🇾 Libya · Source: Libya Herald ·
Nigeria’s Taraba State recorded the country’s lowest annual inflation rate in September, at 1.8%, according to consumer price index data. The ranking comes as national inflation fell to 14.63%, while food inflation reached 19.59%, reports Pmnewsnigeria.
🇳🇬 Nigeria · Source: Pmnewsnigeria ·
The General Electricity Company of Libya has launched the rehabilitation of units 6 and 7 at the West Tripoli power plant after 14 years out of operation. The project is expected to restore around 200 megawatts to Libya’s grid, after the country suffered numerous power cuts this summer, according to Libya Herald.
🇱🇾 Libya · Source: Libya Herald ·
The 100-euro note remains at 27,600 dinars for sale and 27,350 dinars for purchase on Algeria’s parallel market. This unusual stability in October is said to be linked to weaker demand for foreign currency and a better balance between supply and demand, according to a Béjaïa currency trader cited by Maghreb Émergent.
🇩🇿 Algeria · Source: Maghrebemergent ·
Libya prepares OPEC+ meeting with Saudi ArabiaA delegation from the Tripoli-based Libyan government is preparing the agenda for the next OPEC+ meeting of energy and oil ministers with Saudi officials. Discussions concern market stability and continuity of supplies, while Riyadh is considering new investment partnerships with Libya, reports Libya Herald.
Schengen visas: Algeria records 31.3% rejection rate in 2025Schengen consulates in Algeria rejected 137,860 short-stay visa applications in 2025, representing 31.3% of decisions on 444,577 applications. The rate, down from 35% in 2024, exceeded those of Morocco and Tunisia, according to statistics published by the European Commission on 28 May 2026.The week in Africa
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