Minister Hannah Tetteh discusses the role of Ghana at the regional, continental and international levels, mentioning political and trade cooperation with other countries. She also talks about the importance of job creation in Ghana, challenges and her vision for the future of the country.
Adil El Youssefi gives an overview of Tigo, one of the top telecom companies in Ghana. Tigo is part of Millicom International Cellular, a leading international developer and operator of cellular telephone services worldwide, primarily in emerging markets, operating across Latin America and Africa.
Faces of Economy – Lebanon
FACES OF THE ECONOMY: Ziad Kamel
There are 1.4 million workers in Lebanon – this is the story of one of them.
On January 1st 2005, a 24-year-old Ziad Kamel woke up the night after hosting yet another successful New Years Eve party for several hundred guest at Sursock Palace in Beirut. And with the New Year came a new adventure for the young entrepreneur.
Beige Capital is a savings and loans company licensed by the Bank of Ghana, which is part of the Beige Group, an investment firm that operates businesses across different sectors of the economy, such as banking, finance, hospitality, mining, real estate and logistics.
“We are ready to provide whatever investors are looking for. The economical area is located in a city that enjoys all the economical advantages which attract investors, especially when it comes to Misrata’s location and potential,” explains Dr. Elhusain Benahmida from Misurata Free Zone.
Misurata Free Zone is comprised of two main sites that together cover an area of 3,539 hectares, which can be possibly expanded by another 20,000 Ha.
Jamal A. El-Ghirani, Investment General Manager at Misurata Free Zone, talks about safety at Misurata Free Zone.
There is a lot of demand for the investment within the free zone, mainly because of the benefits and privileges that Misurata Free Zone has to offer.
Khaled Ben Alewa, CEO of Libyan Airlines
After the revolution and in fact during the revolution, the delivery of aircraft was postponed and we had to reschedule. Libyan Airlines are increasing their capacity with 3 A320s and 2 A330, thereby expanding their overall network. The Airlines are now flying to London, Manchester, Madrid and Malta while they are still oblidged to use leased aircraft. The company might also expand their routes to places further than Dubai in the eastern area. Once Libyan Airlines successfully adopted European safety requirements, the lifting of the EU ban should follow suit – probably by the end of 2013.
Dr. Nuri A. Berruien, Chairman of the Board, National Oil Corporation (NOC) of Libya
Libya has two large refineries and it needs to improve the performance of these to decrease the gasoline imports, which currently stand at 80% of the overall oil consumption in Libya. NOC Chairman Dr. Beruuien anticipates there will be three big refineries built in Libya, however it will be the private sector that will play a major role in these investments. 1955 petroleum law of Libya is being revised and NOC is also reviewing their EPSA models to encourage investment in Libya. NOC hopes for an oil production of 1.7 million barrels per day by the end of 2013 while the operating costs remain very low – close to US $5.5 per barrel. Dr. Berruien expects more oil discoveries in Libya as many areas have not been fully explored yet.
