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European Union (EU) Launches Invest4Libya to Strengthen Public Finance and Drive Digital and Green Investment in Libya

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1 month ago

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Libya

The project adopts a holistic approach to support efficient and transparent public financial management, modernize financial markets, and stimulate private sector growth

TRIPOLI, Libya, February 9, 2026/APO Group/ –The Ministry of Finance, the Delegation of the European Union to Libya, the Embassy of France in Libya, and Expertise France (www.ExpertiseFrance.fr) officially inaugurated the Invest4Libya project today. An initiative designed to strengthen Libya’s financial governance, improve its investment climate, and boost the performance and inclusiveness of the country’s MSME and entrepreneurship ecosystem.

 

The project adopts a holistic approach to support efficient and transparent public financial management, modernize financial markets, and stimulate private sector growth, particularly in green and digital entrepreneurship, laying the foundation for sustainable and inclusive economic recovery in Libya.

“Invest4Libya represents an important step in advancing public financial management and strengthening Libya’s economic foundations,” said H.E. Dr. Khaled Almbarouk, Minister of Finance. “By improving transparency and supporting private sector development, this initiative aligns with our national priorities. We value our partnership with the EU and look forward to the positive outcomes this collaboration will bring.”

Invest4Libya represents an important step in advancing public financial management and strengthening Libya’s economic foundations

Invest4Libya stands as a key milestone of the EU’s ongoing support for Libya’s economic and institutional development. Funded primarily by the European Union, with additional support from the French government, the project is implemented by Expertise France and structured around three strategic pillars:

  • Public Financial Management Reform: Supporting the Ministry of Finance and Audit Bureau to improve fiscal transparency, spending efficiency, and accountability.
  • Financial Sector Governance & Modernization: Strengthening regulatory frameworks to promote financial inclusion and the integration of digital and green finance into national policy, with the collaboration of the Central Bank of Libya and the Ministry of Planning.
  • Entrepreneurship & MSME Support: Developing Libya’s private sector by empowering incubators, accelerators, and MSMEs and linking them to investors, expertise, and enabling policies.

Together, these three pillars form a cohesive national effort that links high-level policy reform with on-the-ground implementation. Anchored by core partners such as the Ministry of Finance, the Central Bank of Libya, and the Audit Bureau, and implemented in close cooperation with the Ministry of Planning, the Ministry of Higher Education and Scientific Research, and the Ministry of Environment, the project also engages public and research institutions, private sector bodies, and business incubators to ensure broad institutional alignment and national impact.

“Creating a strong investment environment is essential for economic recovery and sustainable growth. Invest4Libya represents a major advance in the partnership between the European Union and Libya. By supporting reforms in public finance and financial governance and improving conditions for investment, this project reaffirms the EU’s dedication to empowering the Libyan private sector and supporting Libya’s economic development and diversification,” said H.E. Mr. Nicola Orlando, Ambassador of the European Union to Libya.

“Expertise France has been privileged to support Libya’s economic development for the past 10 years. With Invest4Libya, we are excited to form new partnerships and continue our collaboration with Libyan institutions to advance public financial management and empower the private sector. This initiative is vital to strengthening institutional capacity and supporting entrepreneurs, particularly in the green and digital sectors, who are driving innovation and helping shape a thriving Libyan economy” commented Mr. Maxime Bost, Programs Director of Expertise France in Libya.

Building on the successes of previous governance and digitalization efforts, the project bridges policy reform with actionable outcomes to ensure that improved financial oversight leads to tangible growth for startups and small businesses. By removing regulatory obstacles and empowering local incubators, this collaborative partnership serves as a vital step in modernizing the national economy and unlocking Libya’s potential for a more digital, diversified, and inclusive future.

Distributed by APO Group on behalf of Expertise France.

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Learning curves: Addressing the skills shortage in African mining

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6 hours ago

on

March 23, 2026

By

mining

The discussion will unpack key factors contributing to the skills shortage and examine how stronger collaboration between mining companies, universities and Technical and Vocational Education and Training (TVET) institutions can help bridge the gap

CAPE TOWN, South Africa, March 23, 2026/APO Group/ –The African mining industry is undergoing rapid transformation, driven by technological advancements, increasing sustainability demands, and rising global demand for critical minerals. However, a widening skills gap continues to pose a significant challenge to the sector’s growth and long-term competitiveness.

 

To address this pressing issue, an upcoming webinar hosted by Vuka group’s Mining Review Africa will bring together industry experts to explore practical solutions for building a skilled and future-ready mining workforce across the continent.

The discussion will unpack key factors contributing to the skills shortage and examine how stronger collaboration between mining companies, universities and Technical and Vocational Education and Training (TVET) institutions can help bridge the gap. It will also consider how digitalisation and automation are reshaping workforce requirements, and what this means for the next generation of mining professionals.

Participants can expect insights on:

  • Key causes of the mining skills shortage across Africa
  • Strengthening collaboration between industry, universities, and TVET institutions
  • The impact of digitalisation and automation on workforce requirements
  • Strategies for developing the next generation of mining professionals
  • Practical solutions for upskilling and workforce development
  • How regional collaboration can develop a skilled workforce
  • Preventing the brain drain in African mining as skilled workers seek greener pastures

 

Event details:
Date: 7 May 2026
Time: 14:00 (SAST)

To register for the webinar, visit: https://apo-opa.co/4brnadB

Distributed by APO Group on behalf of VUKA Group.

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Mining Review Africa Introduces French and Portuguese Website Translation

Published

6 hours ago

on

March 23, 2026

By

vukagroup

By enabling multilingual access, Mining Review Africa aims to better serve its diverse readership, including industry professionals, policymakers and investors who rely on timely mining news and insights

CAPE TOWN, South Africa, March 20, 2026/APO Group/ –VUKA Group’s (https://WeAreVUKA.com/) Mining Review Africa has introduced French and Portuguese translations on its website, responding to growing demand from readers across the continent.

 

This allows users to access content in multiple languages, improving accessibility for audiences in regions where English is not widely used.

We recognise that language should not be a barrier to information, especially in a sector that plays such a critical role in the continent’s economic growth

The move follows insights gathered by VUKA Group during its flagship mining events held across Africa, including DRC Mining Week, Angola International Mining Conference and Nigeria Mining Week The organisers noted a clear need for more inclusive communication, particularly in countries where French and Portuguese are dominant languages in business and industry engagement.

By enabling multilingual access, Mining Review Africa aims to better serve its diverse readership, including industry professionals, policymakers and investors who rely on timely mining news and insights.

“This development is part of our ongoing commitment to making mining content more accessible across Africa,” Mining Review Africa’s Editor-In-Chief, Gerard Peter said. “We recognise that language should not be a barrier to information, especially in a sector that plays such a critical role in the continent’s economic growth.”

The translation feature is now live and available to all users on the Mining Review Africa website.

Distributed by APO Group on behalf of VUKA Group.

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Qianhai Launches OPC Mavericks Program to Empower Global AI Solopreneurs

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6 hours ago

on

March 23, 2026

By

QianHai

SHENZHEN, CHINA – Media OutReach Newswire – 20 March 2026 – On March 18, Qianhai, a flagship hub for institutional opening-up, high-end services and technological innovation in southern China, officially opened the application portal for the Qianhai OPC (One-Person Company) International Community and launched its global OPC Mavericks Program. Adhering to the philosophy of “All Innovation, Zero Distraction”, the initiative aims to build the world’s leading ecosystem for AI-driven one-person companies.

Widely recognized as a pioneering zone for China’s institutional opening-up and a key innovation node in the Guangdong-Hong Kong-Macao Greater Bay Area, Qianhai leads the country in piloting cross-border cooperation, regulatory innovation and business-friendly reforms. It has grown into a highland for advanced services, tech research and development, and entrepreneurial ecosystems, connecting global talents, capital and technologies with the massive market of the Greater Bay Area.

The OPC Mavericks Program targets six elite groups: academic pioneers, tech veterans, global AI competition winners, elite prodigies, influential open-source contributors, and outstanding graduates in AI and computer science. Eligible projects should leverage generative AI, large language models, AI agents and automation to build sustainable closed-loop businesses.

As the world’s first vertical accelerator dedicated to OPCs, the community provides a tailor-made AI launchpad with the SENSE ecosystem and the “Eight Zeros” guarantee to remove startup barriers: supported office space up to 200㎡ for two years, talent housing up to 50㎡ per person, annual free computing power up to 50P, free LLM trials, Greater Bay Area market access, collateral-free loans, high-risk-tolerance seed funding, annual talent rewards up to 600,000 RMB, and one-stop services for visas, finance, IP, taxation and global internet access.

To help global innovators experience opportunities in the region, Qianhai offers the Shenzhen-Hong Kong 72-Hour Experience Pass, which was officially launched in 2025. This pass provides streamlined entry arrangements, guided visits to tech platforms, enterprises and research institutions in both cities, and on-site insights into the OPC entrepreneurship environment. It serves as a key channel for global talents to fully explore cooperation and development prospects in the Greater Bay Area.

The program supports AI solopreneurs to turn ideas into scalable businesses. Qualified applicants can submit core founder resumes and project pitch decks to inqianhai@qhidg.com to join the program and embrace new opportunities in the Greater Bay Area.

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