The discussions addressed mechanisms to promote Libyan industries and facilitate the access of national goods to African markets, in addition to exploring joint investment opportunities and supporting the private sector.
The African continent represents a promising market for Libyan non-oil products, especially dates, olive oil, fish, canned food products, and construction materials, which have proven competitive in several African countries. This comes amid a growing orientation toward strengthening Libyan non-oil exports and diversifying sources of income. The meeting also highlighted the opportunities available to Libyan business owners in the sectors of energy, mining, agriculture, food industries, logistics, and infrastructure in countries such as Gabon, Ghana, Benin, and South Africa, emphasizing the importance of activating direct partnerships between the private sector in Libya and its counterparts in these countries to enhance trade exchange and joint investment.
During the meeting, the Libyan African Council for Sub-Saharan Countries stressed that these sectors in the four countries, as well as in other African states, represent a practical platform for enhancing trade exchange between Libya and Africa at the private sector level through supply and distribution contracts, the establishment of joint ventures, and the development of projects in energy, mining, agriculture, food industries, logistics, infrastructure, and services.
It was agreed to prepare a work program that includes organizing business delegations, holding bilateral business meetings (B2B), and organizing exhibitions for Libyan products in targeted African markets.
Through the Libyan African Council and other joint councils, the Libyan Businessmen Council works to strengthen its presence in a number of African countries and worldwide, and to support the interests of the Libyan private sector in the fields of industry, trade, investment, and knowledge transfer, within the framework of its role as one of the representatives of the Libyan business community.
