The Central Bank of Libya and Telecom Holding Company agreed to expand electronic payment services nationwide. Transaction limits for e-wallets will be increased to allow larger payments, and a joint technical team will address operational challenges. The initiative aims to integrate foreign workers into the formal economy, improve financial inclusion and reduce reliance on cash, supporting Libya’s broader digital transformation and strengthening the stability and transparency of financial services.
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Libya CBL, Telecom Boost E-Payments
Business
16/03/2026
The Central Bank of Libya and Telecom Holding Company agreed to expand electronic payment services nationwide. Transaction limits for e-wallets will be increased to allow larger payments, and a joint technical team will address operational challenges. The initiative aims to integrate foreign workers into the formal economy, improve financial inclusion and reduce reliance on cash, supporting Libya’s broader digital transformation and strengthening the stability and transparency of financial services.
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