Libyan Investments in Africa: Social and Economic Development
Ahmed A. Kashadah, Managing Director of Libya Africa Investment Portfolio (LAP), talks about investment opportunities in Africa.
imported 2024-03-17 17:43:07
Ahmed A. Kashadah, Managing Director of Libya Africa Investment Portfolio (LAP), talks about investment opportunities in Africa.
Chairman of JOTUN Abdel Menem Abdel Aziz talks about doing business in Libya. He believes that the security worries are largely over-exaggerated and Libya is relatively safe for doing business. Clearly, the benefits outweigh the risks.
Chairman of Libyan Iron & Steel Company (LISCO) Dr. Mohamed Abdulmalik Elfigih talks about the strategy and expansion plans for LISCO.
Mike Nyinaku, CEO of the Beige Group, presents his company, an investment firm that operates businesses across different sectors of the economy, such as banking, finance, hospitality, mining, real estate and logistics.
With the changes in population growth, the discovery and exploitation of oil in commercial quantities, huge economic growth, the prospects and their attendant effects on FDIs and tourists arrivals in Ghana, the real estate sector is now a new area to invest in.
Ghana is an attractive destination. The country is growing at an eight percent rate and its business environment is trending in the right direction. The financial sector and the banks in particular are well positioned to support Ghana’s economic growth.
Libya Top Stories
Investing into Libya: An Era of Transition
Eng. G.I. Guider, the head of Libya’s Privatization and Investment Board (PIB) aptly points out that the country is starting from a zero point in establishing business privatization and encouraging private investment capital.
The economy of Ghana is booming and the country is developing fast. However, some challenges such as infrastructure, youth unemployment or energy deficit still have to be faced, and investors have look into turning such challenges into opportunities.
Eng. El-Hadi S. Hensher, Minister of Water Resources of Libya
In regards to investments, we set out budget according to the plans and strategies of these institutions that are under our authorities. In this year, a budget of 268 million Libyan dinars was set and divided to the related sectors, 20 million Libyan dinars for ministry’s council, 19 million Libyan dinars for the public body for waste, 37 million Libyan dinars for the public company for water and sewerage and 156 million Libyan dinars for the management responsible for executing and managing the manmade river project.
Eng. G.I. Guider, Chairman of the Privatization and Investment Board
The FDI from 2002 until 2010 was near to US$ 6 billion. Investment law no 9 (issued in 2010) is a good law, we have amended certain parts of the law to improve it.