Libya ¼-DINAR (KM26)

I am going to assume this is a Libyan Horse. Beyond that, I really don't know the meaning of the horseman that appears on these coins. Perhaps he represents old Bedouin tribes? Berbers?

Below is the only information I could find on Libyan horses (as a breed). It is from a Wikipedia article on King Arcesilaus IV of Cyrene:

The Libyan Horse is one of the few natural breeds of the world, which were descendant from the original wild horses of central Asia. Among the descendants of the original wild horses of central Asia are the Spanish horse and the Arabian horse. The Libyan horses are mentioned by the Greek historians Herodotus and Xenophon in their writings. Various cultures throughout history have bred and used the Libyan horse.

This decagonal coin was minted in 2001-2002. The 1369 date is a peculiar dating system used in Libya from 1969 to 2011 and counts from the death of Muhummad in 632 CE. Note that the top of the coin is a vertice of the decagon. This will change in the next version of this coin (KM30).