Libya Holdings Launches Fundraising

Libya Holdings Group Ltd. (LHG) has launched a fundraising effort to support “the fast growth of its operations”, reports Libya Herald.

LHG was established during the Libyan revolution in 2011 by Ahmed Ben Halim, the son of the only living former premier of the country and an active participant in the rebuilding of post-revolution Libya, and Ali Ojjeh, a former energy investment banker at Goldman Sachs.

LHG says that it aims to provide commercial partners with local knowledge, a network of contacts, on-the-ground operational support and capital, “all of which are required to create and grow successful enterprises in Libya”.

It also maintains that it is an active strategic advisor to both local and international companies. LHG says that it is actively engaged with numerous leading international partners to develop large infrastructure projects and strategic investments.

(Source: Libya Herald)

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