European Union funded project launched to support key Libyan economic institutions

LIBYA – E-NABLE, a new project funded by the European Union, has announced that it will support key Libyan economic institutions in introducing digital economic governance tools and improving digital services for businesses. The three-year project (2022 – 2025) aims at promoting an investment-friendly and conducive business environment, strengthening the Libyan private sector and thus contributing to economic growth in…

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Libya grants AG Energy permission to build 200 MW solar park

LIBYA – Libya has granted authorization to Dublin-based independent power producer company, AG Energy, to build a 200 megawatts solar power plant in Ghadames city, southwest of the country. The license was issued by Libya’s Privatization and Investment Board (PIB), founded to promote foreign and national capital to set up investment projects. It also supervises and implements the process necessary…

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Andersen Global expands its presence in Africa with a collaboration in Libya and Guinea-Bissau

WEST AFRICA – Andersen Global, an international association of legally separate, independent member firms, has signed a Collaboration Agreement with full-service tax firm Kashadah & Co. in Libya and law firm Pinto Pereira & Associados, the CRA Law representative in Guinea-Bissau as it continues to reinforce its competitive edge in the African region. Kashadah & Co., founded in 1974 by…

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Libya secures US$480,000 from AfDB to support COVID-19 national response plan

Libya secures US$480,000 from AfDB

LIBYA – The government of Libya has secured US$480,000 in grant funds from the African Development Fund to support its COVID-19 national response plan. A statement by AfDB said that the Bank approved the grant to Libya under the Special Relief Fund (SRF) for the procurement of much-needed personal protective equipment (PPE) intended for treatment of cases of infection of…

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