AGP Executive Report
Last update: 7 hours agoU.S. Embassy Plans: The State Department told Congress it wants to move ahead with a potential reopening of the U.S. Embassy in Libya, seeking nearly $41 million for security steps tied to a phased return after almost 14 years. Power and Payments: Egypt resumed electricity exports to Libya after Tripoli paid about $100 million in overdue bills from 2023, restarting an initial 70MW supply while both sides plan to settle the remaining $41 million by end-2026. Political Process Push: A Libyan analyst says a U.S.-linked political initiative led by Massad Boulos is gaining momentum but needs more time and consultations before presenting a final package to Libyans. New Domestic Finance Tool: Libya’s first licensed domestic credit rating agency, SANAD, has begun issuing ratings, starting with all 27 major banks, aiming to cut the “frontier premium” lenders charge. Security Cooperation: Britain hosted counterterrorism-financing training for Libyan prosecutors and investigators, while Libya’s Foreign Ministry ran a diplomatic training program for staff headed to missions abroad. Education Calendar: Libya’s Education Ministry released the 2026–2027 school calendar, with classes starting Sept. 13, 2026.
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