High-level launch event for the programme for economic diversification in Libya

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Tunis, November 24, 2016: On 28th November 2016 in Tunis, Expertise France organizes a high-level event for the official launch of the Support to Libya for Economic Integration, Diversification and Sustainable Development (SLEIDSE) programme with Libyan officials, international support organizations and key economic players

This 4-year programme funded by the European Union and France aims to promote the development of a dynamic and diversified micro, small and medium enterprises capable of creating employment and livelihoods for the youth and the women in Libya.

Prominent personalities give a strong political momentum to SLEIDSE programme in Libya’s recovery agenda

Libya, the European Union and France already express their commitment to SLEIDSE programme and its crucial contribution to peace-building process in Libya.

Fathi Mijbari, Member of the Presidential Council and Head of Financing and Economic Committee in the Libya’s Government of National Accord (GNA), states: “Libya warmly welcomes the European Union and France’s commitment. We need your help and support to pave the way for a better future, and this begins now”.

Sebastien Mosneron Dupin, CEO of Expertise France, also states: “Expertise France is very proud to develop this very innovative programme, which is designed to help Libya recover from several years of wars and crisis. More important, we try to give the Libyan youth hope and tools to develop their own economic activity with the support of the main French economic actors.”

SLEIDSE programme achievements and future plans to develop Libya’s economic diversification

The programme intends to provide a support to economic reconstruction, economic development, and skills empowerment for Libyan youth & women. The director of SLEIDSE programme will present the recent achievements of SLEIDSE programme and its first steps towards economic recovery:

  • Online training for aspiring entrepreneurs

On 25th October 2016, Expertise France in partnership with International Trade Center (ITC) launched an open platform to deliver professional training to would-be young entrepreneurs in Libya. It focuses on the knowledge and skills to acquire to run and start a sound business in Libya.
To know more, please visit the platform: libyantradeacademy.org.

  • Youth aspirations survey

The objectives of this research, which is being draft by Altai Consulting for Expertise France, are to:

– Provide a comprehensive and up-to-date picture of youth labor market dynamics in Libya,

– Analyze key underlying obstacles to business start-up and trends of entrepreneurship,

– Identify promising areas for future interventions.

The research is based on a comprehensive survey involving young Libyan entrepreneurs and business support organizations.

  • Strengthening the capacities of the national SME body

SLEIDSE programme has engaged a series of technical assistance activities, including a training session and the collaborative draft of a strategic paper, in order to help Libya Enterprise, a national business support organization, improve its abilities to meet the needs of entrepreneurs and define its action plan.

  • Improving access to finance

The programme also aims to assess the current situation of access to financing in Libya and to share the best practices among international players on this topic. In particular, the ultimate aim of this activity is to build up a credit guarantee scheme, equipped with procedures to offer finance solutions to aspiring entrepreneurs, SMEs and large companies.

During the meeting, question and answer session will occur between ITC, students and Libya Enterprise about disseminating the entrepreneurship culture in Libya, and the quality of the services offered by Libya Enterprise and other key players to entrepreneurs.

Corporate Comm India(CCI Newswire)