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EU-funded E-nable Project Concludes with Remarkable Achievements for Libya’s Economic Growth

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E-nable Project

The project established a foundation for an innovative and more digitally connected governance system through collaborations with the General Information Authority, the Tax Authority, and the Ministry of Finance

TRIPOLI, Libya, February 12, 2025/APO Group/ –The EU-funded E-nable (https://apo-opa.co/4aUhczW) project, implemented by Expertise France (www.ExpertiseFrance.fr), successfully concluded today with a closing ceremony held in Tripoli, marking three years of substantial progress in advancing Libya’s economic diversification, promoting a business-friendly environment and a supportive financial sector, empowering impactful economic reforms, and accelerating the digital transformation to pave the way for sustainable economic growth in Libya.

H.E. Mr. Suhail Bushiha, Deputy Minister of Economy and Trade for Commercial Affairs said: Today marks the conclusion of the E-NABLE Economic Empowerment Project, which played an effective role in supporting Libya in improving the business environment and cooperating in particular with the Ministry of Economy and Trade on important issues including economic reforms and economic diversification. We look forward to more cooperation and achieving more positive results.”

 

“Libya’s journey toward a resilient and diversified economy demands collaboration, innovation, and commitment,” said H.E. Mr. Nicola Orlando, EU Ambassador to Libya. “The outcomes of the E-nable Project demonstrate the remarkable dedication of our Libyan partners and have laid the groundwork for economic prosperity. The European Union remains deeply committed to supporting Libyan institutions as they realize their full potential, driving the country toward a more competitive, inclusive, and sustainable economy.”

Key Achievements of the E-nable Project 

Enhancing Public Policies for Economic Diversification and Enabling Business Environment 

The E-nable (https://apo-opa.co/4aUhczW) project collaborated with key partners, including the Ministry of Economy and Trade, the National Economic and Social Development Board, the Bureau of Statistics and Census, the Ministry of Planning, and others, focusing on building institutional capacities to diversify the economy, support the private sector, and define strategic policies and frameworks for business reforms and data-driven decision-making.

  • Strengthened data management capabilities: Empowered economic institutions with advanced data analysis and visualization training, improving decision-making and analysis.
  • Economic Diversification Strategy: Developed a comprehensive strategy identifying key sectors for growth and established the Libyan National Economic Diversification Committee.
  • Improved business environment and investment climate: Supported the issuance of a Prime Ministerial Decision establishing committees for economic reforms and developing a National Strategy for Special Economic Zones and Transit Trade.
  • Public-private partnerships: Promoted collaboration between public and private sectors identifying key sectors and improvements to the legal framework.
  • Green Investment Framework: Developed a draft for Libya’s National Green Investment Framework to attract sustainable investments and promote green technologies.

Promoting Digital Transformation 

Recognizing the critical role of digital technologies in driving economic growth, the E-NABLE project also focused extensively on promoting digitization and enhancing public sector digital capacity. The project established a foundation for an innovative and more digitally connected governance system through collaborations with the General Information Authority, the Tax Authority, and the Ministry of Finance.

  • Digital Innovation Lab: Established the “Digital Innovation Lab” committee within economic institutions to drive innovation and digitalization.
  • Tax digitalization: Supported the Tax Authority in building its digital capacities and acquiring an online tax payment platform 
  • Innovative Solutions: Supported the organization of a national hackathon on tax data integration between related entities.

Improving the Financial Sector 

The outcomes of the E-nable Project demonstrate the remarkable dedication of our Libyan partners and have laid the groundwork for economic prosperity

In collaboration with the Central Bank of Libya, E-NABLE supported the enhancement of financial services and expanded access to finance for businesses across Libya. These efforts included building institutional capacity through workshops and knowledge-exchange study tours and equipping stakeholders with the expertise needed to adopt modern financial practices and regulations.

  • Leasing regulations: Supported the development of leasing regulations and licensing requirements.
  • Credit reporting: Enhanced the credit reporting system through an executive regulation for the Libyan Credit Information Centre.
  • SME support: Strengthened the Central Bank of Libya’s capacity to assist SMEs by creating and operationalizing an SME-dedicated unit.
  • FinTech innovation: Developed a regulatory framework for e-payments and digital finance.

Building on Success: EU4SKILLS Initiative 

Building on the E-nable Project’s successes, the European Union and Expertise France are working together again on a new program, EU4Skills, which aims to boost employability and skills development. This initiative will align education and training with market demands while emphasizing digital innovation, sustainability, and improved SME access to finance.

“The E-nable Project has been a key initiative in supporting Libya’s transition to a dynamic and competitive economy,” stated Mr. Maxime Bost, Programs Director at Expertise France Libya. “Through a strategic focus on strengthening economic institutions, boosting digital innovation, and improving financial inclusion for SMEs, the project has established a strong foundation for future collaboration. We look forward to continuing our work with Libyan partners through other initiatives and in particular

the EU4Skills project, with a renewed focus on skills development and employability across emerging sectors.”

Distributed by APO Group on behalf of Expertise France.

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

Distributed by APO Group on behalf of Energy Capital & Power.

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

Distributed by APO Group on behalf of Energy Capital & Power.

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