Babies are more expensive than ever – I’d know! | CNBC International

Is universal basic income working? We went to Finland to find out | CNBC Reports

CNBC International’s 2017 Bloopers | CNBC International

What is universal basic income? | CNBC Explains

Libya put 142 illegal migrants on a flight back to Guinea on Wednesday with the help of the U.N. migration agency, officials said, as the North African country steps up deportations to ease severe overcrowding in its detention centres.
<img loading="lazy" decoding="async" class="aligncenter wp-image-43932 size-full" src="http://cnbc.africa/wp-content/uploads/2017/02/flow_of_migrants_reuters.jpg" alt="Europe hopes to stall migration at meeting with Africa" width="600" height="385" />
The number of people stuck in Libyan detention centres has risen dramatically this year after armed groups largely shut down the boat route to Italy from the smuggling hub of Sabratha.
The International Organization for Migration flew the Guinean migrants from two western cities to the city of Misrata, from where they boarded a plane for Conakry.
The deportations come in the wake of a CNN report on migrants being sold for slave labour that sparked an international outcry.
Migrant flows through Libya have surged since 2014. More than 600,000 people have crossed the central Mediterranean to Italy in the past three years, but departures from Libya’s coast dropped sharply in July when armed groups in Sabratha began preventing boats from leaving.
After clashes in the western city in September, thousands of migrants held near the coast emerged and were transferred to detention centres under the nominal control of the U.N.-backed government in Tripoli.
Amnesty International said this month that up to 20,000 people are being held in detention centres and are subject to “torture, forced labour, extortion, and unlawful killings”. Other human rights organisations have said similar things in recent months.
<div class="Attribution_attribution_o4ojT" data-reactid="46">
Reporting by Ayman Salhi and Mostafa Salem; Writing by Ulf Laessing; Editing by Hugh Lawson
</div>

Libya puts 142 migrants on plane back to Guinea

Armed men blew up a Libyan pipeline pumping crude oil to Es Sider port on Tuesday, reducing the North African country’s output by around 90,000 barrels a day, military and oil sources said.
<img loading="lazy" decoding="async" class="wp-image-131944 size-full" src="http://cnbc.africa/wp-content/uploads/2017/07/hqdefault-50.jpg" alt="" width="480" height="360" />
The attackers arrived at the site near Marada in two cars and planted explosives on the pipeline, a military source said.
Pictures purportedly showing a huge cloud from the blast in central eastern Libya circulated on social media.
The damage was still being assessed, one oil source said. Oil prices rose on the report.
Islamic State fighters had a presence in the area until government forces expelled them from their main stronghold in Sirte a year ago.
The operator of the pipeline is Waha, a subsidiary of Libya’s National Oil Corporation and a joint venture with Hess Corp, Marathon Oil Corp and ConocoPhillips.
Waha pumps a total 260,000 barrels a day, its chairman said last month.
Libya’s oil production was last put by officials at around one million bpd but exact figures are hard to obtain a country riven by factional conflict.
<div class="Attribution_attribution_o4ojT" data-reactid="40">
Reporting by Ayman al-Warfalli, Ulf Laessing, Ahmed Elumami and Ahmed Ghaddar; Writing by Ulf Laessing; Editing by Andrew Roche
</div>

Blast hits Libyan crude pipeline, cutting output by 90,000 bpd

Water and energy’s close relationship | Sustainable Energy

We got Gary Vaynerchuk to try the world’s smelliest fruit | CNBC Reports

‘Cake Boss’ Buddy Valastro’s 7 tips to succeed in business | CNBC Profiles

The water-energy nexus and why it matters, part 2 | Sustainable Energy

The water-energy nexus: Why it matters, part 1 | Sustainable Energy

How to make millions selling passports to Africa

How much money do Christmas songs make? | CNBC Explains

Teaching business in North Korea | CNBC Profiles

Central Africa’s CEMAC bloc is expected by the International Monetary Fund to have suffered a 0.6 percent economic contraction in 2017, an improvement on last year’s 1 percent but well below an earlier forecast of 0.7 percent growth.
<img loading="lazy" decoding="async" class="aligncenter wp-image-43288 size-full" src="http://cnbc.africa/wp-content/uploads/2017/02/imf-headquarters.jpg" alt="Low oil out impacts Angola’s economic growth" width="600" height="340" />
The oil-producing zone &#8212; comprising Cameroon, Gabon, Equatorial Guinea, Chad, Congo Republic and Central African Republic &#8212; has been hit by a slump in crude prices since 2014 and by cutbacks in public spending.
The IMF said in a statement late on Monday that it had revised up the public debt-to-GDP ratio for the region to over 50 percent as of the end of 2016. The ratio stood at 28 percent at the end of 2014.
Several CEMAC countries receive financial assistance from the IMF, and Congo Republic is currently in negotiations for a bailout after its public or publicly guaranteed debt spiked this year to 110 percent of GDP.
<div class="Attribution_attribution_o4ojT" data-reactid="36">
Reporting by Sofia Christensen; Editing by Aaron Ross/Jeremy Gaunt
</div>

Central African economies contracted this year, but by less than before -IMF

Banks are moving jobs out of London because of Brexit – but fewer than you’d think | CNBC Reports

International News

Babies are more expensive than ever – I’d know! | CNBC International

Is universal basic income working? We went to Finland to find out | CNBC Reports

CNBC International’s 2017 Bloopers | CNBC International

What is universal basic income? | CNBC Explains

Libya puts 142 migrants on plane back to Guinea

Blast hits Libyan crude pipeline, cutting output by 90,000 bpd

Water and energy’s close relationship | Sustainable Energy

We got Gary Vaynerchuk to try the world’s smelliest fruit | CNBC Reports

‘Cake Boss’ Buddy Valastro’s 7 tips to succeed in business | CNBC Profiles

The water-energy nexus and why it matters, part 2 | Sustainable Energy

The water-energy nexus: Why it matters, part 1 | Sustainable Energy

How to make millions selling passports to Africa

How much money do Christmas songs make? | CNBC Explains

Teaching business in North Korea | CNBC Profiles

Central African economies contracted this year, but by less than before -IMF

Banks are moving jobs out of London because of Brexit – but fewer than you’d think | CNBC Reports

What is net neutrality? | CNBC Explains

News Tips

Advertise With Us

International News

Babies are more expensive than ever – I’d know! | CNBC International

Is universal basic income working? We went to Finland to find out | CNBC Reports

CNBC International’s 2017 Bloopers | CNBC International

What is universal basic income? | CNBC Explains

Libya puts 142 migrants on plane back to Guinea

Blast hits Libyan crude pipeline, cutting output by 90,000 bpd

Water and energy’s close relationship | Sustainable Energy

We got Gary Vaynerchuk to try the world’s smelliest fruit | CNBC Reports

‘Cake Boss’ Buddy Valastro’s 7 tips to succeed in business | CNBC Profiles

The water-energy nexus and why it matters, part 2 | Sustainable Energy

The water-energy nexus: Why it matters, part 1 | Sustainable Energy

How to make millions selling passports to Africa

How much money do Christmas songs make? | CNBC Explains

Teaching business in North Korea | CNBC Profiles

Central African economies contracted this year, but by less than before -IMF

Banks are moving jobs out of London because of Brexit – but fewer than you’d think | CNBC Reports

What is net neutrality? | CNBC Explains

News Tips

Advertise With Us

Newsletters