Africa Reports

List of all articles filed under “africa-reports” category.

Jumhouria Bank: Helping to finance the reconstruction of Libya

Libya Top Stories
Jumhouria Bank: Helping to finance the reconstruction of Libya
“It is the largest bank in Libya with a large volume of assets and good profits especially for the potential market in Libya,” bank General Manager Ahmed I. Rajab told Marcopolis. “This was especially true in 2012 based on a lot of contracts that have already been signed by the government and international companies, especially for construction and the infrastructure of the country.”

Exclusive interview with the leading hotel in Libya: Al Waddan Hotel Tripoli

Anas M. Tarsin, General Manager of Al Waddan Hotel Tripoli
Guests at Al Waddan Hotel in Tripoli love the serenity of the hotel. Sitting in the open space of the coffee shop is reminiscent of the old houses of Tripoli. The hotel is a little more exclusive and private, yet still located in the bustling district of Dahra, less than 0.5km from Algeria Square or Martyr Square. Al Waddan is a luxury boutique hotel which pays attention to detail and to the customer, attending to their business and leisure needs.

LTT Libya: Increasing coverage and improving internet services in Libya

Husam Abulhul, CEO of LTT (Libya Telecom & Technology)
LTT has set up internet services in areas of the country that didn’t use to have them before; the company is increasing bandwidth and providing improved services. LTT is also trying to balance all their services between all the cities as previously everything was based in Tripoli. The company aims to move forward and satisfy the customers’ demands and increase the internet penetration in Libya.

LAFICO: Transparency and independence of Libyan foreign investments

Khaled Amr Algonsel, Managing Director of LAFICO (Libyan Foreign Investment Company)
LAFICO channels their investment into many countries around the world and it is diversified in many sectors, such as holding companies, real estate companies, agriculture, mining, and even services. LAFICO has invested in over 30 countries around the world; around 9% is located in North Africa, 9% in England, and the rest dispersed around the world. LAFICO is bound to cooperate with international firms who will help the them to restructure their portfolio and to exit some unsuccessful investments. LAFICO has been a profitable company ever since it was established and the aim is to continue this trend.

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