Hussein Mohamed Altaher Issa, CEO, Aletah Group

Libya’s economic transition

Global Platform

In this Global Platform video, Hussein Mohamed Altaher Issa, CEO, Aletah Group, talks about Libya's economic transformation and the emerging opportunities in the country. Previously reliant on oil as its main source of income, business leaders are envisioning alternative avenues for economic growth. Misrata, the third-largest city, presents logistical advantages and a thriving seaport, making it an attractive destination for investment. Libya's shift towards becoming a manufacturing economy, coupled with ongoing reconstruction projects such as the Tripoli International Airport, demonstrates the country's potential for development across various sectors, including technology and digital payments. Despite the perception of instability, Libya welcomes projects and investment that can contribute to its economic success.