Tag Archives | microfinance

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 […]

Conference on Enterpreneurship and Microenterprises

On 21st – 22nd September 2019, a joint conference on private sector development took place in Misrata in the framework of the project “Support to Libya for Economic Integration, Diversification and Sustainable Employment” (SLEIDSE), co-financed by the European Union (EU) and the French Government and implemented by Expertise France. The objective of this Misrata University […]

New Micro-Finance Scheme set up in Libya

By John Lee. The United Kingdom has signed a Memorandum of Understanding (MoU) with Expertise France to provide $1.5 million to set up a micro-finance scheme in Libya. The feasibility study was funded by the European Union (EU), implemented by Expertise France, and the establishment funded by the UK – a joint European effort to […]

Employees Strike at Rural Bank

Employees of the Rural Bank went on strike on Thursday. According to Libya Herald, they are demanding a pay rise and an Extraordinary General Meeting (EGM) of shareholders as quickly as possible to appoint a board of directors to run the bank in place of the current steering committee. They also demanded further investment in […]