
The Misrata Free Zone MFZ delegation held bilateral business-to-business meetings with representatives from over 100 Italian companies in Rome as part of an investment promotion tour. The event aimed to showcase investment and trade opportunities and enhance cooperation between the two sides. Alaa El-Din Baba, MFZ’s Director of Marketing and International Relations, stated that the significant turnout reflects growing Italian private sector interest in the Libyan market and MFZ's advantages as a regional hub. The meetings, themed “Misrata Free Zone: Africa’s Gateway for Italian Companies,” highlighted MFZ's strategic Mediterranean location, advanced infrastructure, and investment incentives. Discussions covered opportunities in manufacturing, logistics, re-export, energy, and maritime industries, focusing on launching joint investment projects to strengthen economic cooperation between Libya and Italy. Baba noted genuine interest from Italian companies in MFZ's investment opportunities, aiming to build sustainable partnerships and leverage the Free Zone’s role as a gateway connecting Europe to Libyan and African markets. The promotional tour seeks to expand international partners and attract high-quality investments, with MFZ offering a competitive business environment and incentives for investors.
Free daily or weekly digest of the most important stories from across 18 African countries. No spam, unsubscribe any time.
This summary was AI-generated from a story originally published by Libya Herald.

The Customs Authority in Misrata Free Zone MFZ announced a 49.35% increase in revenues for MFZ's Port during the first half of 2026 compared to the same period last year. Revenues rose from LD 161 million in the first half of 2025 to LD 240.6 million in the first half of 2026. The Customs Authority attributed this growth to the effectiveness of adopted policies, sound governance in regulating document cycles, and the development of financial systems, which have maximized collection efficiency and improved overall customs performance at the Customs Centre.
Must ReadLibya's Man-made River MMR Project has reported a record daily production of 1 million cubic meters of water from its Sarir–Sirte–Tazerbo–Benghazi system. This milestone marks the highest output achieved by the project since 2011. Despite facing operational challenges such as limited resources, high temperatures, and frequent power outages, the project has significantly increased water inflow to key reservoirs. The Omar Al-Mukhtar terminal reservoir now receives 80,000 cubic meters per day, up from 40,000, while the Al-Qardabiya terminal reservoir's inflow has quadrupled to 40,000 cubic meters per day from 10,000.

Libya's Ministry of Oil and Gas met with the EU to discuss enhancing technical cooperation in the oil and gas sector and reviewed the "ANQA" Clean Energy and Industry Project 2027–2030. This initiative aims to support Libya's transition to a cleaner and more sustainable oil industry. The Ministry's team also affirmed its commitment to ensuring national institutions' participation in the Methane Emission Reduction and Gas Flaring Mitigation Committee. This effort is seen as crucial for sustainability, the transition to clean energy, and strengthening Libya's international environmental standing. The meeting concluded with all parties emphasizing the importance of continued coordination to achieve national development and shared goals. Attendees included representatives from the Ministry's Planning and technical departments, Renewable Energy and International Cooperation offices, and EU delegation experts such as Mr. Jan Matej, Dr. Haitham Hassan, and Mr. Ali Al-Jahawi.