Pick any number. Depends who you believe. As far as I can see, all the "experts" just pull numbers out of their ass.
150,00050,000Iran's Press TV says there are 50,000 mercs paid for by Israel.
50,000 againThe Jerusalem Post reports that Iran's Press TV reports that Al-Jazeera reports that Egyptian sources have revealed that the Israeli company has so far provided Gaddafi’s regime with 50,000 African mercenaries to attack the civilian anti-government protesters in Libya. (a rather breathless line of hearsay wouldn't you say)
http://www.jpost.com/Opinion/Editorials/Article.aspx?id=2109076,000 to 30,000Libyans, Black-Africans and Gaddafi’s divisive power struggleReportedly from diverse countries, including Chad, Mauritania, Sudan, Somalia, Zimbabwe, Liberia… and estimated to number around 6,000, by the International Federation of Human Rights (FIDH), and 30,000 by Human Rights Solidarity, these mercenaries are said to be comprised mostly of veteran rebels of wars that have been financed by the Libyan "Guide" in Sub-Sahara Africa since his ascension to power in 1969. Kenyans, Ethiopians and Burkinabe are also suspected to be in their rank and file.
http://www.afrik-news.com/article19079.html 25,000Ali Zeidan, of the Libyan Human Rights League, is quoted in this report by World News as saying Libya has 25,000 merc.
6,000HundredsLibya recruited hundreds of mercenaries from Sub-Saharan Africa to help quell a popular uprising that is threatening to unseat veteran leader Muammar Gaddafi after more than 41 years in office, witness told Al Arabiya from the eastern city of Benghazi on Sunday.
http://www.alarabiya.net/articles/2011/02/19/138351.html HundredsVoice of America on March 1 quotes a knowledgeable African analyst suggesting the number is at least in the hundreds, though he used them mainly for conflicts outside Libya.