Abstract
The role of the Agricultural Bank in Libya is to promote agricultural development that is both sustainable and improves the living standard of rural communities and farmers’ welfare. The objective of the study presented in this paper is to highlight the role of the Agricultural Bank in the Jafara region of the South-west Tripoli City in Libya. It is important to uncover whether the Agricultural Bank can support Sustainable Development Goals through financial support, irrigation facilities, and investment in technologies. Furthermore, by analysing the current activities of the Bank the paper will explore what challenges it faces and what measures are required to achieve sustainable agriculture development goals in the context of a developing country. Data are presented derived from farmers in four different areas of the Jafara region using interviews and questionnaires. The mixed method approach provides more valuable results because it has the strengths of both qualitative and qualitative methods. Findings reveal that the Agricultural Bank is struggling to support the farmers due to lack of financial support as well as irrigation facilities for land cultivation. Similarly, lack of investment in technologies are the major obstacles to achieving the agriculture development in Libya. Lack of administrative planning and financial obstacles facing the Agricultural Bank are also seen as major challenges to how the Bank can support more sustainable agricultural development in the region.
