The LBBC Business Risk Advisor

Libya is experiencing a period of unprecedented transition. As the country embarks on a programme of national reconstruction and actively seeks foreign partners to supply the necessary products, services and expertise, the potential trade and investment opportunities for LBBC members are exceptional.

LBBC Business Risk AdvisorNevertheless, despite these positive developments, the political and security outlook for the country remains uncertain: the long-term stability of the new governing authority, socioeconomic pressures on the Libyan people, potential religious and ethnic tensions, and the continuing influence of armed militia on the democratic process - all of these factors and more may impact upon the Libyan business environment.

Understanding the current risks associated with doing business in Libya and being able to accurately forecast how the prevailing political and security situation may influence business variables, such as export payments and investment returns, are invaluable attributes for any commercial operation.

The LBBC's new risk advisory digest aims to provide our members and clients with access to relevant, current, and actionable information and informed opinions which they can draw upon when making commercial decisions.

The reports, extracts and links listed below contain strategic advice which will help LBBC members to manage their operational risk and minimise uncertainty with respect to their Libyan business interests and their commercial plans going forward.

This new online service also aims to highlight the broader range of products and services offered by LBBC members that operate in the fields of business intelligence and risk management and to showcase their expertise to an audience that may benefit from a more direct relationship.

We are confident that LBBC members - both experienced Libyan operators and businesses new to the Libyan market - will choose to explore further the strategic advice offered by some of the information providers contributing to this service.

Stirling Assynt

LBBC Council Member, Stirling Assynt, is a global intelligence network providing business intelligence and country reports highlighting political and security risk issues, including terrorism.

Links:

  • Assynt Libya Report Executive Summary: 08 Feb 2012 (Updated Fortnightly)
Tribal conflicts continue in Tripoli, Bani Walid; amended electoral law addresses Islamist concerns by giving political parties two thirds of seats in Constituent Assembly; tribal affiliations still likely to dominate political scene [to read this article click here]

International human rights groups complain of abuses in militias’ prisons; NTC attempts to exert control by taking over prisons, beginning trials of pro-Gadhafi detainees but faces tough challenges; IMF calls economic situation “precarious” but predicts swift recovery if stability returns*  

(*For access to this article please contact Stirling Assynt)

  • The Assynt Special Report: Libya Political and Security Assessment: January 2012: An exclusive report assessing the current political and security situation in Libya. Key topics including tribal tensions, the role of local militias and the stability of the interim administration are scrutinised here. Please note, this report can only be accessed by LBBC members who are logged on to this site. [To read the report click here and scroll down to the entry dated 17th January 2012]
For further information about Stirling Assynt's products and services please email abigail.gollicker@stirlingassynt.com or call +44 (0) 20 7 856 9461

Aegis Advisory

Aegis Advisory is a specialist strategic risk consultancy within Aegis Defence Services, a provider of risk management services to governments, multinational corporate clients and international organisations.

Links:

  • Libya Country Risk Card: 16 Feb 2012 A quantitative assessment of the current strategic risk situation in Libya (updated weekly)
  • Aegis Advisory has launched a new fortnightly reporting service on Libya, which is available on subscription.  Please see here the first full edition of the Libya Situation Report for FREE. 

    Produced fortnightly, the next edition will be published on 28 February and will be available via this website in SUMMARY only.  If you would like to receive the full version of this report please contact Graham Thomas (gthomas@aegisworld.com) or Pandora Crawley (pcrawely@aegisworld.com); or please call on +44 (0)207 222 1020.

Inkerman Group

The Inkerman Group is an international business risk and intelligence company that works to identify the risks, threats and vulnerabilities facing businesses today and delivers solutions that counter or mitigate them. The Group’s expertise covers all aspects of risk, intelligence, travel safety, protection and security, and it works with clients, companies and organisations throughout the world.

Links:

The Inkerman Group Libya Blog Monthly Report: 24 Jan 2012 - 'Benghazi: A Microcosm of Libya's Impatience with the NTC' - An in-depth opinion piece which examines the precarious path which Libya's interim government must tread in order to satisfy the diverse needs and expectations of the Libyan people during the immediate aftermath of the country's liberation.

Oxberry Risk Strategies

Oxberry Risk Strategies is a leading security and business risk consultancy supplying the full spectrum of risk mitigation solutions to public and private sector clients operating in complex and challenging environments.

Links:

ORS Libya Insight: 27 Jan 2012 (Updated Monthly): The Oxberry Risk Strategies Intelligence Management Team maintains a concentrated focus on Libya and the Middle East. The aim of this monthly contribution is to provide succinct information that recaptures the events of the past month and the impact on the security and political situation going forward

REDfour Security Group

REDfour delivers high quality security provision including security management, close protection, risk assessments and analysis, security surveys, and maritime security via REDfour MSS (Maritime Security Solutions) Ltd.

Links:

REDfour open source brief and in-country opinion - Libya: 02 Feb 2012 (Updated Weekly): A weekly summary of the political and security situation in Libya with an emphasis on the practical impact that developments are having on the business and investment environment and on the ongoing prospects for international companies there. 

If you would like to contribute to this section of the LBBC website, in the first instance please contact the Secretariat at: secretariat@lbbc.org.uk or call +44 (0) 20 7152 4051

LBBC Council Members

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Upcoming Events

Thursday, 8th Mar 2012
The Arab Spring One Year On: Business Opportunities in North Africa (UKTI)

Saturday, 14th Apr 2012
LBBC Multi-sector Delegation to Libya

Thursday, 21st Jun 2012
Annual LBBC House of Lords Luncheon