Finance Headlines Libya

Libya, World Bank discuss infrastructure and renewable energy projects Funding

Libya’s Planning Minister, Mohammed Al-Zaidani, has held talks with the World Bank Group on expanding cooperation to support infrastructure development, renewable energy and economic diversification.

The meeting took place at the Ministry of Planning’s headquarters in Tripoli on Tuesday, October 27, 2026, with the head of the World Bank Group mission to Libya, Samih Ismail.

The discussions focused on financing infrastructure projects, attracting investment and increasing private-sector participation to broaden Libya’s economic base.

Both sides also explored cooperation in electricity, renewable energy, energy efficiency and sustainable industries, as well as urban planning and balanced regional development.

The meeting further addressed skills development, support for small and medium-sized enterprises, entrepreneurship and improvements to the country’s data and statistics systems. Officials agreed on the need for a joint cooperation framework to identify priority projects and potential technical and financial support, with the aim of strengthening economic sustainability and advancing Libya’s development priorities.

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