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 things may get worse before they get 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, Libya will look for goods, services and partnerships with overseas suppliers and, as an oil exporter, it will have the financial resources to pay for its people’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 is supplied 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 opportunities under consideration.
We are sure LBBC members – both experienced Libyan operators and businesses new to the Libyan market – will find the reports listed here (and the more detailed advice available from the respective providers) a valuable input to their business strategies and decision-making capabilities.
GardaWorld .Xplored Risk Analysis and Reporting:
Risk reports for Libya are produced in country and contain the very latest ground-truth information that analyses the current security situation, political, regulatory and cultural challenges. Reports are designed for people with operational reporting requirements and can support staff deployment and movement plans with their up-to-date review of current threat levels or risk in Libya.
Prepared by Risk Analysis Team, Libya
Unity Resources Group
Unity is a leading provider of effective solutions to business, governments and organisations pursuing success in challenging and high risk environments. Our Libya operations and extensive network of reliable local sources provide invaluable insights to clients on successfully navigating challenges in their areas of operations within Libya. Our experienced country management team are able to support clients to enter the country, set up and secure their operations and provide on-going consultation services, so they can focus on their core business and achieve organisational success.
The Unity Country Manager and team in Tripoli are vastly experienced, the CM has over 16 years of operational experience in Libya, our team has a vast understanding of operating environment and key contacts throughout the country. As always Unity intend to work closely with our clients to fulfil their aims in a safe manner given the restricted environment. The assets security resources and policies are aligned to meet the Libyan environment, our aim is also to train and deploy Libyan operators wherever possible.
To discuss our services in more detail, please contact: Kevin Carlinkcarlin@unityresourcesgroup.com
Read Unity Resources Group’s Latest Report – Libya Monitor to 30 November 2017
The Inkerman Group
The Inkerman Group is a specialist risk and intelligence company that delivers tools, techniques and methodologies to counter or mitigate threats to organisations and businesses. The Inkerman Group’s expertise covers all aspects of risk, intelligence, travel safety, protection and security, and works with clients, companies and organisations throughout the world to identify the specific risks, threats and vulnerabilities they face. The Inkerman Group has been producing its present range of insightful Libya intelligence publications since the current period of instability began. These are supported by a 24/7 Operations capability, which can include the deployment of operatives for executive protection, review of sites and, if necessary, extraction of foreign nationals in the worst-case scenarios. The Inkerman Group is also positioned to generate bespoke reports for clients operating in or doing business with Libya, drawing on a vast range of accrued expertise, local sources, and operational experience to deliver according to clients’ exact requirements.
To discuss any of these services, please contact Luke Wells at firstname.lastname@example.org or Alice Boyes at email@example.com. Alternatively, please telephone The Inkerman Group on +44 (0) 1233 646940.
Janus Global Operations
We continue 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.
JGO Libya Weekly security summary – 13.03.2018
The United Arab Emirates has provided the Libyan commander of east-based self-proclaimed army, Khalifa Haftar, with portions of Libyan frozen assets in Abu Dhabi, the second deputy of the High Council of State (HCS) Mohamed Imazib disclosed on Saturday. Imazib, according to local Libyan TV Channel, Alnabaa, said the HCS received vital information that Libyan frozen assets in UAE banks were used to fund warlord Haftar in east Libya. Haftar commands a self-styled Libyan National Army (LNA) that is given a political cover by the House of Representatives in Tobruk, which is the rival authority to the UN-backed Government of National Accord and its Presidential Council in Tripoli.
Belgian Deputy Foreign Minister Didier Reynders said the report of the disappearance of frozen Libyan funds from the Belgian Euroclear bank are “fake news.” The top diplomatic official was commenting on the report of Le Vif weekly news outlet, claiming that 10 billion euros ($12.3 billion) out of 16.1 billion euros vanished from the bank accounts that had been frozen in line with the UN sanctions against late Muammar Gaddafi and his family. The bank accounts were opened by the Libyan Investment Authority (LIA) and its branch Libyan Foreign Investment Company. According to the media outlet, the funds were frozen in March 2011 and vanished in the period from 2013-2017. Brussels reportedly did not authorise unfreezing the funds.
The Central Bank of Libya (CBL) has accused the Libyan Foreign Bank (LFB) of gambling with Libyans’ money, a letter issued by the CBL and obtained by Libyan Express shows. The CBL said the LFB is investing abroad with bonds that are not legal and have weak liability, leading to the loss of about 403 million dollars. The CBL also accused the Chairman of the LFB Mohammed Bin Yousif and the Board of Directors of the LFB of playing with Libyans’ money and of lacking the proficiency needed in the financial market and in administrating the investments of the LFB overseas.
Libya’s Marsa el-Brega refinery and oil export terminal was rocked by an explosion and fire in the early hours of Saturday following a gas leak at its methanol plant, state-owned National Oil Corp. said on Sunday. Firefighters put out the blaze, but the extent of damage or impact on production was not immediately clear, NOC said in a statement. Marsa al-Brega in Libya’s so-called eastern oil crescent is operated by Sirte Oil Co., an NOC subsidiary. The refinery can process around 10,000 b/d of crude, while the terminal can handle three vessels of up to 300,000 dwt. The complex also hosts two fertilizer plants, which can produce 700,000 mt/year of ammonia and 900,000 mt/year of urea, that belong to Lifeco, a joint venture by NOC, the Libya Investment Authority and Yara International.
To the east of Libya, a suicide attack on Friday hit a military checkpoint on the outskirts of the eastern Libyan city of Ajdabiya, some 160 km east of the city of Benghazi, wounding three soldiers. The attack was carried out with a four-wheel drive vehicle, and social media circulated images of the attacked checkpoint, where a nearby military building and large number of military vehicles were destroyed. No group has claimed responsibility for the attack so far. However, the attack is likely to be carried out by Islamic State affiliates, who claimed responsibility for similar attacks previously.
In the south, heavy activity was observed in Sabha this week. A mortar shell struck the General Administration of the University of Sabha on Monday afternoon, no casualties reported. One civilian was injured when a mortar shell struck near his house in Sabha, reported on Sunday. The victim identified as Amsal an Omsalem Al-Rubaie was moved to Al Jalaa Hospital in Benghazi after receiving first aid treatment from the Sabha Medical Center. Sabha Medical Center has recorded at least seven killed and 32 others injured in the sporadic clashes from 4 February to 7 March in Sabha.
We support clients in a variety of business sectors with research, investigative activity, crisis response, project management and consulting services. MS Risk enjoys strong links working in partnership with and supporting law enforcement and military agencies. It has completed projects for clients around the world and in sectors such as natural resources, maritime, supply chain, financial services, media, hospitality, construction engineering and for the legal profession. www.msrisk.com
To discuss our services, please contact firstname.lastname@example.org or +44 207 754 3555