Impact

Boosting Libyan Economy Through Startup Act

The global startup economy is worth nearly $3 trillion, a rise of 20% in two years. According to the World Bank 2020 Doing Business Report, Libya is ranked 186 out of 190 countries on ease of doing business, with over 18% unemployment rate and an estimate of 200K job seekers. Startup entrepreneurs and small business owners in Libya are struggling the most to solve local challenges and create jobs in the economy. Policy reforms for Startups at national level are needed now more than ever. These pre-policy sessions aim to shed the light on the role of Startup Acts in solving local challenges and supporting economy, with guest speakers from Tunisia, Senegal Rwanda, and Libya