Archive | Industry & Trade

NOC launches Electrification Project in Ajdabiya

The National Oil Corporation (NOC) launched a community electrification and grid decongestion project in Ajdabiya municipality, as part of the Corporation’s efforts to support and strengthen public infrastructure, sustainable development and energy security in the area. NOC’s Sustainable Development department is set to complete a series of works, valued at over 1 million dinars, including […]

Plastics Plant Reopens in Ras Lanuf

By John Lee. The polythene factory at Ras Lanuf has reportedly reopened, having been shut down for more than eight years “because of poor security“. According to Reuters, the plant, with an initial capacity of 80,000 tonnes a year, is operated by Ras Lanuf Oil and Gas Processing Company (RASCO), a subsidiary of the National […]

Brainstorming Workshop at Ministry of Industry

On 24-25 October, a delegation of 20 representatives of the Libyan Ministry of Economy and Industry in charge of registering companies from across Libya attended a workshop organised by Expertise France to brainstorm about entrepreneurship activities, needs and challenges in the administration on the first day. The second day was dedicated to a visit to […]

Libya signs Nuclear Agreement for 2019–2023

Mr Ramadan M. Kuridan, Chairman of the Libyan Atomic Energy Establishment, signed Libya’s Country Programme Framework (CPF) for the period of 2019-2023 on 22 October 2019 in a ceremony attended by Mr Shaukat Abdulrazak, Director of the Division for Africa, in his capacity as acting IAEA Deputy Director General and Head of the Department of Technical […]

Libya’s First Microcredit Agency Launched

Expertise France and the Government of the United Kingdom support the creation of the first microcredit agency in Libya Expertise France, the French technical assistance agency, in partnership with Assaray Trade and Investment Bank (ATIB), has launched the first microfinance institution in Libya – Namaa Tamweel. The €2-million project is financed by the UK government […]

Edtech Start-Up Wins Tripoli Pitching Event

By John Lee. Libyan educational tech startup iStudy has won this year’s Seedstars Tripoli pitching event. iStudy is a smartphone app for Android and IOS for parents to watch their children progress at school. It will now represent Libya in the regional summit in Morocco in December, and in the Seedstars Summit 2020 in Switzerland. […]

JOTC Restarts Ops at Mineral Grinding Plant

By John Lee. The Jowfe Oil Technology Company (JOTC), a subsidiary of Libya’s National Oil Corporation (NOC), has resumed production at its 100,000 tonnes-per-year mineral grinding plant, following the completion of a comprehensive maintenance works programme. JOTC has carried out an extensive maintenance and repair programme throughout all of its facilities, ranging from production unit […]