Tuesday 19 March 2024
 
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LPTIC consolidates key African telecom investments

LPTIC, Libya's leading postal, telecommunications and information technology company, has consolidated several Libyan-owned shareholding in mobile and fixed-line network operating companies in sub-Saharan Africa.  

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Libya's sovereign wealth fund 'in limbo'

  The outgoing head of Libya's sovereign wealth fund said a decision to sack him has left its restructuring plans and the pursuit of compensation for investment losses in limbo, potentially costing the country millions.

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Libya wealth fund to finance reconstruction

Some of the over-large cash component of Libya's $65-billion sovereign wealth fund will be put to work financing post-Gaddafi reconstruction, leaving time for a full review of its less liquid investments.  "I expect an immediate shri

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Top banks managed Libyan money

Goldman Sachs and HSBC together held $335 million of the Libyan oil fund's assets, while Societe Generale held $1 billion in structured products for the fund, Global Witness said on Thursday. The campaigning group for development issue

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