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 support entrepreneurship in Libya.

(Source: UK FCO)

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