A country that has undergone immeasurable hardships in recent years, Libya’s fortunes are at last showing signs of changing. This was meant to change following the overthrow of the Gaddafi regime, however the subsequent instability stymied progress towards the operational improvements that foreign entities had anticipated. That said, the change in regime marked the beginning of a gradual liberalisation across private sector activity, which has since gathered momentum. Change is afootNo doubt, the private sector will continue to expand in light of recent developments. Outsourcing this expertise to specialists that understand the risks and reward of Libya’s unique market, can allow foreign entities to harness the opportunities ahead.

Source: Libya Today March 23, 2021 12:40 UTC