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Libya Press
Tripoli is set to host the Electronic Payments and Digital Transformation Exhibition (EPAIX 2026) on June 17–18 at the Tripoli International Fairgrounds. Under the patronage of the Governor of the Central Bank of Libya and supervised by the General Authority for Exhibitions and Conferences, the event will bring together more than a dozen banks, fintech firms, and technology companies from Libya and abroad. This marks one of the country's most significant specialized gatherings in financial technology this year.
The exhibition comes at a time when digital payments are gaining momentum across North Africa. Libya, with a population of nearly 7 million and a young demographic increasingly connected through mobile technology, represents a significant opportunity for fintech innovation. The two-day event is expected to draw hundreds of attendees, including banking executives, technology entrepreneurs, government officials, and international investors.
EPAIX 2026 arrives at a critical moment for Libya's financial sector. For years, the country has been heavily reliant on cash transactions, with a significant portion of the population remaining unbanked. The exhibition will showcase cutting-edge electronic payment solutions, digital banking platforms, and fintech innovations designed to modernize Libya's financial ecosystem. Participants will explore mobile payment systems, digital wallets, point-of-sale terminals, and blockchain-based financial services that could reshape how millions of Libyans interact with their money.
The Central Bank of Libya has been actively encouraging the shift toward digital payments as part of a broader strategy to improve monetary transparency and reduce the informal economy. By bringing together key stakeholders under one roof, EPAIX 2026 provides a dedicated platform for accelerating these efforts through live demonstrations, workshops on regulatory compliance, and panel discussions addressing the unique challenges of digitizing a cash-dominant economy.
The General Authority for Exhibitions and Conferences stated that the strong level of participation reflects the exhibition's importance as a platform bringing together banking institutions, fintech companies, and entrepreneurs. With sponsors spanning the full spectrum of Libya's banking sector—from Jumhouria Bank as the strategic sponsor to specialized fintech firms like Moamalat—the exhibition demonstrates a unified industry push toward digital transformation. For international technology firms, EPAIX 2026 represents a gateway to one of North Africa's most promising emerging digital finance markets.
Libya's push toward digital payments is part of a broader regional trend across North Africa. With over 60% of Libyans under 30 and mobile phone penetration exceeding 90%, the country is well-positioned to leapfrog traditional banking models. Events like EPAIX 2026 play a vital role in connecting local entrepreneurs with international expertise and investment. For everyday Libyans, the digital transformation promises faster transactions, reduced dependency on physical cash, and improved access to banking services in remote areas where physical bank branches remain scarce.
As preparations continue at the Tripoli International Fairgrounds, the two-day exhibition is expected to feature live product demonstrations, panel discussions on fintech regulation, keynote speeches from banking leaders, and networking sessions between Libyan and international stakeholders. Several companies are expected to announce new partnerships and product launches targeting the Libyan market during the event. For anyone interested in the future of money in Libya, EPAIX 2026 is the event to watch this week.
— LibyaPress / Tech Desk