Tag Archives | Food

WFP welcomes Emergency Food Assistance from Italy

The United Nations World Food Programme (WFP) has welcomed a contribution of €1 million (US$1.16 million) from the Government of Italy that will provide food assistance to tens of thousands of Libyans affected by the ongoing conflict since 2011. Wagdi Othman, WFP Libya Country Director, said: “We thank Italy for this generous contribution to WFP’s […]

Flour Reserves to end Bread Shortage in East

Libya’s internationally recognised government has been forced to dig into the country’s strategic reserves of flour in order to alleviate the bread shortage in the eastern part of the country. According to a report from Libya Herald, the Ministry of Economy and Industry has assured the public that the bread shortage has been resolved, and […]

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UK Company to Supply Bananas to Libya

British company BanaBay is to supply bananas to Libyan fruit importer Al Fakhira. The company’s Managing Director, Mark O’Sullivan, said the Middle East has been identified by the company as a target area for growth, and the new Libyan contract represents an important step forward in a new marketplace, adding: “We have had a lot […]

Libya “Needs to Pay Wheat Importers”

Libya’s Economy Minister, Mustafa Abu Fanas, has said that the country needs to pay debts to wheat importers to secure future flour supplies. Industry sources say that Libya faces difficulties in making big deals to buy wheat due to payment problems (debts have been piling up for more than a year), problems at the ports, and […]

Ireland Ready to Export Cattle to Libya

Live cattle exports from Ireland to Libya should restart by February at the latest, according to the Irish Minister for Agriculture, Simon Coveney. The minister said that his officials were working hard on getting a boat approved for live exports in January or February. He told a meeting in Dublin: “Libya is the most likely […]

Libya Dismisses Fears of Delayed Food Payments

Libya has dismissed fears that payments for food shipments might be delayed because of disorganisation in the country. A recent report by Reuters did not cite concrete cases of default by Libyan importers, but rather unease that payment could be delayed by cumbersome bureaucracy. Libyan officials have reportedly denied there are any problems for foreign […]

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Libya Pays Risk Premium on Food Imports

Credit fears are causing Libya to have to pay extra for food imports, according to a report from Reuters. Companies contacted by the news agency could not cite concrete cases of default by Libyan importers, but rather unease that payment could be delayed, not least by cumbersome bureaucracy. Libya is a big importer of food, […]

MIGA Insures Libyan Beverage and Harissa Plant

The Multilateral Investment Guarantee Agency (MIGA) has announced that it is supporting the ongoing operations and expansion of Jafara Group Limited, a company that produces, bottles, and distributes drinking water, juice, and harissa in Libya. The project was underwritten through MIGA’s Small Investment Program, and is the first use of a World Bank Group lending […]