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This article also features in Libya. Read more about this report and view purchase options in our online store.

Libya Economic Research Highlight

Focus Report: How are Libya's free zones incorporating ESG norms into their business practices?

Given the supply chain disruptions since the Covid-19 pandemic, investment in ports and free zones has become more crucial to the global economy and the resilience of trade...

Video: The Misurata Free Zone facilitates Libya’s economic expansion

This Growth & Recovery Outlook video highlights Libya’s Misurata Free Zone (MFZ), which is at the heart of the country’s economic expansion. Not only does the free zone connect Libya to landlocked countries like...

Libya's strong economic rebound and investment opportunities

In this Growth & Recovery video, Oxford Business Group (OBG) analyses Libya’s promising prospects, as the country looks to build on a strong economic rebound, supported by rising oil prices, increased stability...

Special Reports on the Misurata Free Zone

Focus Report

Focus Report: Misurata Free Zone positions itself as a gateway to Africa

As a free zone operating outside of Libyan domestic trade legislation, Misurata Free Zone (MFZ) is seeking to leverage its competitive advantages – including complete exemption from national commercial...

Focus Report

Focus Report: What are the main investment opportunities of the Misurata Free Zone?

With its location at the crossroads of traditional and modern north-south and east-west trade routes, the Misurata Free Trade Zone offers a competitive and attractive destination for companies looking to...

Focus Report

Focus Report: What is the trade potential of the Misurata Free Zone?

With the petrochemicals sector accounting for more than 77% of GDP, industry is at the heart of Libya’s recovery and diversification agenda, enabled by the resurgence in international oil prices...

Focus Report: Misurata Free Zone positions itself as a gateway to Africa
Focus Report: What are the main investment opportunities of the Misurata Free Zone?
Focus Report: What is the trade potential of the Misurata Free Zone?

Economic News & Views on Africa

Economic View

Ismail Ersahin, Executive Director, World Association of Investment Promotion Agencies (WAIPA)

On leveraging economic zones to bolster development

Economic Update

African start-ups were a bright spot in the global funding ecosystem in 2022

As rising borrowing costs and recession concerns weighed on global venture capital investment in 2022, Africa’s start-up ecosystem attracted record funding. While most regions experienced double-digit declines in start-up funding last year, Africa posted gains in total investment volume, deals and number of investors. Start-up funding on the continent grew by roughly 5% in 2022, compared to a decline of 62% in Latin America and 39% in Asia Pacific. Globally, venture capital funding was down 35% at $445bn, albeit still well...

Economic Update

Can MENA capture a share of the green steel market?

As the global industrial sector seeks to shrink its carbon footprint, a number of MENA countries are investing in green steel production to capture market share and help meet emissions targets. Despite generating 20% of global greenhouse gas emissions, industry has been slow in adopting carbon-efficient manufacturing technologies. Steel is the manufacturing segment with the largest emissions, accounting for 7% of global emissions annually due in part to a reliance on coal to heat smelting furnaces...

Economic View

Issa Fadiga, CEO, Banque Populaire de Côte d'Ivoire

On creating an enabling business environment

Economic Update

Year in Review 2022: Africa

Although economies in Africa faced uncertainty in 2022 as economic and global shocks weighed on post-Covid-19 pandemic recovery, intraregional trade and climate finance initiatives are helping to chart a course towards more sustainable development. Mirroring global trends, growth across the region is expected to slow from 4.7% in 2021 to 3.6% in 2022, according to the IMF’s regional economic outlook for sub-Saharan Africa. Food security has become a central concern for many African nations, especially...

Economic Update

Côte d’Ivoire’s post-pandemic investment strategy

Key reforms are lowering barriers to foreign direct investment (FDI) and improving the ease of doing business in Côte d’Ivoire as the country looks to rebound from the Covid-19 pandemic. The government aims to increase foreign and private investment to 72% of the total and process at least 50% of raw export commodities domestically by 2030. Growth trajectory: Following the global economic shock of the Covid-19 pandemic, Cote d’Ivoire’s economy has rebounded strongly relative to regional peers...


Sustainability at the heart of African agriculture

Bernardo Bruzzone, Regional Editor for Africa at Oxford Business Group, speaks with Professor Bruno Gérard, Head of the Agrobiosciences department at Mohammed VI Polytechnic University (UM6P), about the opportunities and challenges present nowadays in the African agriculture sector. Africa has the potential to feed the world’s population in the coming years, however, there is room for more private investment to strengthen and modernise the sector in a continent where more than 70% of the population...

Economic Update

Creative climate finance in Africa

While uncertainty abounds in global energy markets amid Russia’s ongoing invasion of Ukraine, African leaders are increasingly looking to the private sector to finance investment in clean energy ahead of the COP27 UN Conference on Climate Change, to be held in Sharm El Sheikh, Egypt in November 2022. The COP27 agenda will consider more than 140 projects in Africa, 19 of which are considered ready for implementation and investment, including four in Egypt that carry an estimated cost of $17.4bn but...

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