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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 Highlights

The Report: Misrata 2024

Recognised as Libya’s commercial capital due to centuries of trade and commerce and its strategic location, Misrata serves as a vital gateway for imports and exports, facilitating trade connections between the city...

Libya’s economic transition

Hussein Mohamed Altaher Issa, CEO, Aletah Group

In this Global Platform video, Hussein Mohamed Altaher Issa, CEO, Aletah Group, talks about Libya's economic transformation and the emerging opportunities in the country. Previously reliant on oil...

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...

Economic Analysis: Misrata

Overview

Agriculture, agro-processing grows in Misrata
OBG
plus

While Misrata has traditionally relied on industries such as manufacturing and trade, the agriculture sector and food segment has been quietly gaining momentum in recent years...

Interview

Fathi Amin Al Turki, Chairman, Misrata Chamber of Commerce
OBG
plus

Although the region’s recovery has been a gradual process, it has been bolstered by the determination, adaptability and resilience of local businesses. The pandemic underscored the significance...

Overview

Misrata targets value-added services in the oil and gas sector
OBG
plus

Since the discovery of oil in the early 1900s and the start of production in 1959, the economy has been centred around hydrocarbons. Libya is a founding member of the Organisation of Arab...

Interview

Farouk Laabidi, General Manager, Assaray Trade & Investment Bank
OBG
plus

Misrata’s local economy and banking sector have remained resilient amid various challenges. After the Covid-19 pandemic the city has seen a revival with new businesses starting up. The banking sector plays...

Analysis

Misrata targets digital transformation, literacy to improve service provision
OBG
plus

Libya’s commitment to digital transformation nationwide and innovation is evident in the inauguration of the Digital Lab training initiative, in Tunis in March 2023. Supported by the EU...

Interview

Mahmoud Al Sougatri, Mayor of Misrata
OBG
plus

Misrata is recovering, supported by growing optimism from the new businesses that are emerging in the city, as well as the ongoing work to rebuild and strengthen the infrastructure that supports all of this activity...

Overview

Private sector sees post-conflict gains in Libya
OBG
plus

Located on the Mediterranean coast of North Africa and bordering Egypt, Sudan, Chad, Niger, Algeria and Tunisia, Libya has a rich history dating back to the Phoenician era. Various civilisations ruled over...

Agriculture, agro-processing grows in Misrata
Fathi Amin Al Turki, Chairman, Misrata Chamber of Commerce
Misrata targets value-added services in the oil and gas sector
Farouk Laabidi, General Manager, Assaray Trade & Investment Bank
Misrata targets digital transformation, literacy to improve service provision
Mahmoud Al Sougatri, Mayor of Misrata
Private sector sees post-conflict gains in Libya
 

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...

Special Reports on Africa

Focus Report

Focus Report: How Special Economic Zones are shaping Africa's industrial landscape

As Africa embraces the transformative power of the African Continental Free Trade Area (AfCFTA), Special Economic Zones (SEZs) emerge as pivotal catalysts for regional economic growth...

ESG Intelligence Report

Report: How can West and Central Africa use ESG to boost value-added activities in special economic zones?

Several West and Central African countries have incorporated the UN Sustainable Development Goals in their respective economic growth strategies, driven by a desire from both public and private...

Focus Report

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. With transport one of the...

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: Post-pandemic trends and opportunities on African stock exchanges

Although stock exchanges on the continent were affected by the Covid-19 pandemic, recovery is starting to take shape. The crisis underlined the need to build resilience and diversify the investor base...

ESG Intelligence Report

Report: The road to a zero-emission automotive industry in the Middle East and Africa

Automotive stakeholders are increasingly aware that the business-as-usual scenario that has sustained the industry for more than 100 years is no longer tenable. Regulatory changes and emissions-reduction...

Focus Report

Focus Report: Botswana's economic transformation agenda

Significant diamond wealth, good governance and prudent economic management have enabled Botswana to develop into an upper-middle-income country. The Botswana Focus Report explores how...

Focus Report

Focus Report: Ongoing efforts to strengthen Nigeria's health sector

Nigeria has made tangible progress on health indicators in recent years, although structural challenges remain. While the government will continue to play a central role in the pursuit of...

Focus Report: How Special Economic Zones are shaping Africa's industrial landscape
Report: How can West and Central Africa use ESG to boost value-added activities in special economic zones?
Focus Report: How are Libya's free zones incorporating ESG norms into their business practices?
Focus Report: Misurata Free Zone positions itself as a gateway to Africa
Focus Report: Post-pandemic trends and opportunities on African stock exchanges
Report: The road to a zero-emission automotive industry in the Middle East and Africa
Focus Report: Botswana's economic transformation agenda
Focus Report: Ongoing efforts to strengthen Nigeria's health sector
 

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

Ali Boumediene, CEO, Bomare

On boosting Algeria’s potential to export technology to new markets


Economic News

African gas suppliers look to meet Europe’s future LNG demand

As the EU works to rebalance its gas supply away from Russia, African countries are expected to gain a larger share of the bloc’s liquefied natural gas (LNG) market in the coming years. Last month the EU announced that it would launch the first tenders for joint gas purchases in April, with contracts expected to be signed by June. This novel approach seeks to leverage the bloc’s purchasing power to secure supplies at lower prices ahead of the summer when EU countries are expected to refill their underground gas storage...


Economic View

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

On leveraging economic zones to bolster development


CEO Survey Analysis

Global CEO Survey: What is on the horizon for emerging markets?

While the recovery period following the Covid-19 pandemic saw the unlocking of major capital in emerging markets, inflationary pressures, fluctuating commodity prices and geopolitical concerns have since tempered the global economic outlook for 2023. Balancing opportunity and risk has become a priority for shareholders and investors, but emerging markets have remained resilient. Some regions, such as the Gulf, are looking to funnel elevated hydrocarbons revenue into sustainable mega-projects, whereas leaders in Asia...


Economic News

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 News

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 News

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 News

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...


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