The LBBC Business Risk Advisor
The Libyan people’s political and economic hopes following the 2011 revolution, repeatedly confirmed by several elections over the years that followed, have been frustrated by political failure and armed conflict between rival politicians, regions and militias.
There is no sign of an early resolution to this conflict and it may get worse before it gets better. But the country’s tribulations will pass and the Libyan people’s aspirations for a more settled and prosperous future will be within their reach once more. At that stage, they will look for goods, services and partnerships with overseas suppliers and, as an oil exporter, will have the financial resources to pay for the country’s needs.
No-one can predict when stability will return so it is crucial to monitor developments in-country to ensure that, when it does, LBBC members are ready to resume business. The LBBC has created this page to provide members and their clients with access to up-to-date information and analyses. The material on this page is provided by professional risk advisory companies with staff on the ground in Libya.
This is not to say that there is no business to be done in Libya even now. Visible (and no doubt invisible) exports continue, albeit at a modest rate, and some contracts are offered. The risk advisory page provides a valuable resource for members considering responding to these business prospects and the opportunity to consult the companies involved on the conditions affecting the viability and location of the particular business under consideration.
We are sure that LBBC members - both experienced Libyan operators and businesses new to the Libyan market - will find the information provided on this page and the more detailed advice available from the providers both interesting and a valuable input to their business strategies and decisions.
|JANUS GLOBAL OPERATIONS|
JANUS GLOBAL OPERATIONS continues to keep our permanent expat country management team on the ground in Tripoli supporting our clients international and local personnel as well as critical infrastructure. We are also currently involved in working with many of our clients on their re-entry planning, security risk management surveys and political sector analysis.
Janus Global Operations - Libya Security Summary - 23 August 2016
This week has been extremely quiet on the political front. It is understood that Prime Minister Fayez al-Sarraj visited Tunisia. In an interview discussing the formation of a steering committee to run the Libyan Investment authority and the control of the sovereign fund worth 60 billion dollars he added that all members of the Presidential Council and the parties involved in the political scene, including himself must make quick decisions, and that efficiency must be the only standard. The general situation in Libya both with security and economically, requires everyone to assume responsibility and complete their assigned tasks to set an example for all Libyans and for decision makers not to make decisions based solely on tribal and regional motives.
Members of Libya's eastern parliament voted on Monday to reject the UN backed government in the capital, Tripoli. The parliament has voted on the issue for the first time since January, when it rejected an earlier list of ministers put forward by the GNA's leadership.
The United Nations envoy to Libya, Martin Kobler, said on Friday that the Libyan crisis caused severe human needs in the country. He pointed to the existence of more than 2.4 million people in need of help. In light of the prevailing security situation in Libya, there are more than 300,000 children currently out of school and without education and over 305.000 Libyans displaced inside the country. Moreover, there are more than 270,000 migrants trying to flee the country with thousands more detainees held in detention centres.
Kick starting the Libyan economy, the National Oil Corporation said the Greek oil vessel “New Hellas” arrived on Thursday in Zueitina oil terminal, western Benghazi to load and transfer 620,000 barrels of oil to Az Zawiya refinery in western Tripoli. The move is the first stage in a series that aims to remove 3.80 million barrels out of the Zueitina terminal where clashes are taking place between Dignity Operation and Petroleum Facilities Guard.
Tripoli and the west has seen an increase in armed clashes in the past week, most notably in the Abu Salem district with reports of armed vehicles and tanks that appeared on roads around the area, including the airport road. Small arms fire and a number of explosions were heard across the city as skirmishes between the Militia Abdul Ghani Al-Kikli (also known as Ghneiwa) and the rival Abu Salem militia took place. In the Warshefana area, brigades from the west including Sabratah and Zuwara deployed on the coastal road to demonstrate for the reopening of the road. Fighting broke out but was soon contained as village elders requested further dialogue between the two groups.
US forces conducted nine airstrikes in Sirte bringing the total to 74 sorties since the campaign commenced on August 1st. The weekend saw the strikes hit two supply vehicles along with numerous fighting positions. Libyan forces renewed their push on Sirte on Sunday, as the city’s main mosque and a jail run by the militants had been retaken. Reports suggest that they are close to capturing the city after a three-month campaign. At least nine brigade fighters were killed and 85 wounded in the weekend fighting. Aid and supplies have been moved into liberated areas of the town, organised by the Red Crescent.
In the east, Benghazi continued to dominate this reporting period with armed clashes and shelling mainly centred on the west of the city with LNA warplanes attacking the centre. The Libyan National Army says they have captured the European Hospital which saw four soldiers killed by a landmine. On Saturday, three of the main streets in Benghazi’s Gwarsha district saw heavy fighting with continuous sorties by LNA aircraft. Hospitals reported five LNA killed and fifteen wounded in a clash against ISIS in Al Qawarishah. Derna has remained quiet as General Khalifa Hafter replaced the head and several members of the Omar Mukhtar Operations Room. It follows two attacks in the area recently, in which twelve LNA soldiers died.
Janus Global Operations continues to keep our permanent expat country management team on the ground in Tripoli supporting our clients international and local personnel as well as critical infrastructure. We are also currently involved in working with many of our clients on their re-entry planning, security risk management surveys and political sector analysis. To discuss these services further please contact us on +218 911713972 or +971 508764175 or visit our website www.janusgo.com
|Libya Reverb Project (LRP)|
The Libya Reverb Project (LRP) is an effort to understand the reverberations of current events in Libya among social media communities. To do this, LRP monitors the Facebook pages of prominent Arabic language media outlets that primarily report on Libyan news. LRP conducts thematic analysis of the most engaging posts in order to uncover emerging trends in the social media discourse. To receive the weekly reports, please subscribe here.
Read the Libya Reverb Project's special report No.20 on Media Sites on Facebook 29 April to 05 May.
If you would like to contribute to this section of the LBBC website, in the first instance please contact the Secretariat at: firstname.lastname@example.org or call +44 (0) 20 7152 4051