Libya Business Forum 2026

Libya is emerging as a revitalized market, driven by the rebound in oil production and steady growth stabilizing around 5.5% in 2023. With 6.5 million inhabitants and strong purchasing power, the country represents a dynamic consumer market, particularly in agrifood, where its reliance on imports creates significant opportunities for French companies.

As a major petrochemical economy, Libya is also strengthening its industrial base—from aluminum and steel to food processing—while the services sector remains largely underdeveloped and full of potential.

At the same time, the Ihya Libya 2030 Vision places infrastructure modernization at the core of the national strategy: new roads, ports, energy networks and urban development projects are fueling strong demand for foreign investment.

The digital sector is also emerging as a strategic driver, supported by expanding telecommunications, the rise of digital services and a growing need for technological solutions across government, businesses and infrastructure.