Libya Launches EPAIX 2026: Aldabaiba Inaugurates Digital Transformation Exhibition in Tripoli

A New Era for Libya's Digital Economy

Prime Minister Abdel Hamid Aldabaiba officially inaugurated the Libya International Exhibition for Electronic Payment and Digital Transformation, EPAIX 2026, at the Tripoli International Fair on June 17, 2026. The landmark event brought together more than 40 banks, financial institutions, telecommunications companies, and fintech firms under one roof — signaling Libya's most ambitious push toward a cashless, digitally empowered economy.

The exhibition marks a critical turning point for a nation where cash has long dominated daily transactions. With over 40 participating entities showcasing cutting-edge solutions in electronic payment, financial technology, and digital governance, EPAIX 2026 represents the largest gathering of its kind in Libya's recent history.

Government Bets Big on Digital Payment Infrastructure

In his opening address, Prime Minister Aldabaiba emphasized that digital transformation is not merely a technological upgrade but a "strategic investment in the future of Libya." He outlined the government's concrete steps to institutionalize electronic payment, including adopting digital methods as the official means for collecting government fees and dues nationwide.

"Digital transformation and electronic payment represent a key pillar in the development of state institutions and enhance their efficiency and transparency," Aldabaiba stated during the ceremony. The Prime Minister stressed that these reforms aim to simplify public services, reduce bureaucratic friction, and raise the overall efficiency of government performance for ordinary Libyan citizens.

Key Facts: EPAIX 2026 at a Glance

  • 40+ participating entities — including commercial banks, fintech startups, telecom companies, and digital services providers
  • Venue: Tripoli International Fair, Libya's premier exhibition complex
  • Focus areas: Electronic payment systems, financial technology (fintech), digital government services, and cybersecurity
  • Government commitment: Electronic payment now an official method for all government fee collection
  • Strategic goal: Building a more transparent economy and efficient financial sector aligned with citizen aspirations

High-Level Attendance Signals National Priority

The opening ceremony drew Libya's most senior financial and security officials, underscoring the national importance of the event. Central Bank of Libya Governor Naji Issa attended alongside Acting Minister of Interior Major General Imad Trabelsi, Minister of Economy and Trade Suhail Abu Shiha, and the President of the General Authority for Exhibitions and Conferences. Directors of commercial banks and representatives from leading financial institutions and fintech companies rounded out the high-profile gathering.

The breadth of institutional attendance — spanning banking, interior, economy, and trade — reflects a whole-of-government approach to digital transformation that extends far beyond the technology sector alone.

Why This Matters for Every Libyan

For millions of Libyans who still rely on cash for everyday transactions, EPAIX 2026 represents more than a government exhibition — it signals a fundamental shift in how citizens will interact with their economy. Digital payment infrastructure means faster access to services, reduced corruption through transparent transaction records, and greater financial inclusion for unbanked populations across the country.

The exhibition also opens doors for Libya's youth and private sector entrepreneurs. By creating a platform where fintech innovators can connect with banks and government agencies, the event fosters an ecosystem where young Libyan talent can build solutions tailored to the country's unique challenges — from remote payment systems for rural areas to secure digital identity platforms.

Building a Transparent Financial Future

Libya's push toward digital transformation comes at a pivotal moment. As one of Africa's largest oil-producing nations, the country has the economic foundation to invest in modern financial infrastructure. The government's commitment to electronic payment as an official collection mechanism is a concrete step that could reduce leakage, improve revenue tracking, and build public trust in state institutions.

Prime Minister Aldabaiba's vision of "government services that keep pace with the aspirations of citizens" sets an ambitious benchmark. If the momentum from EPAIX 2026 translates into sustained policy implementation, Libya could emerge as a regional leader in digital financial inclusion — turning today's exhibition pavilions into tomorrow's economic reality.

— LibyaPress / Politics Desk