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Strengthening Libya’s Fintech Sector Through Central Bank Training

The Enable project successfully completed a fintech training for Libya’s Central Bank from April 23 to 26 in Tunis, which aimed to propel the growth and resilience of Libya’s fintech sector.

The training program dived deep into several key areas:

  • Advanced Monitoring Systems: Equipping the CBL with state-of-the-art tools and methodologies to monitor financial transactions with precision, ensuring the security and integrity of the financial system.

 

  • Fraud Prevention Strategies: Exploring innovative strategies to combat fraud in electronic transactions, safeguarding both businesses and consumers against emerging threats.

 

  • Real-time Data Analysis: Leveraging the power of real-time data analysis, the training empowered the CBL to detect and respond to anomalies swiftly, bolstering the resilience of Libya’s financial infrastructure.

 

This training session is conducted as part of the EU-funded Enable project, wherein Expertise France is actively supporting the Central Bank of Libya in establishing the groundwork for a resilient and innovative financial landscape.