Archive | Investment

Elham Education wins Seedstars Tripoli

On August 6th, during Seedstars Tripoli, Elham Inspire won the Libya round of Seedstars World and will represent the country at the Seedstars Summit in Switzerland to compete for up to USD 1 million in equity investment and other prizes. Seedstars World, the largest seed-stage startup competition for emerging markets and fast-growing startup scenes, brought […]

Addressing Property Ownership Grievances in Libya

State representatives and experts discuss best remedies to address grievances resulting from past property ownership laws and practices in Libya A thematic meeting on real estate, land and property rights in Libya was organized in Tunis by UNSMIL and UNDP on 9-10 July as part of the project “Towards National Reconciliation in Libya”. The meeting […]

CMS case against LAIP ends in Court

Strike out of CMS case against LAIP confirmed by Court of Appeal in London The English Court of Appeal has reportedly confirmed the striking out of a claim by Catalyst Managerial Services (CMS) against Libya Africa Investment Portfolio (LAIP). The case had originally been struck out by the English High Court in 2017. According to […]

Order from Chaos: Stabilising Libya the Local Way

By Tarek Megerisi, European Council on Foreign Relations (ECFR): Instability resulting from Libya’s revolution and civil war has never fully come under control. It has worsened with political infighting, the failures of the GNA, and the emergence of a rival government in the east of the country. The inadequacy of the international community’s early “light […]

Libya, Turkey Review Cooperation

By John Lee. Mohamed Amari, a member of the Libyan Presidential Council, reportedly met with Turkish ambassador Ahmet Dogan to discuss political, economic and security matters. Among the issued discussed was the possible resumption of operations by Turkish Airlines and other Turkish companies in Libya. Amari also thanked Turkey for its support in the search […]

EU’s External Investment Plan: First Projects in Africa

As part of its External Investment Plan, the EU gave its green light to a package of financial guarantee programmes worth around €800 million on 10 July. This will help leverage an estimated €8-9 billion in public and private investment in Africa and the Neighbourhood. Yesterday’s decision is a major milestone towards delivering investments in […]

Seedstars Tripoli: Finding the Best Start-Up in Libya

On August  6th, 10 of Libya’s best seed-stage startups will compete to represent the country at the Seedstars Summit in Switzerland and win up to USD 1 million in equity investments and other prizes. The first Seedstars competition in Tripoli is marked by the excitement and commitment of Seedstars and its partners in investing in […]

Libya to join China’s Belt and Road Initiative

By John Lee. The Chinese Foreign Ministry has announced that Libya is to join China’s Belt and Road Initiative (BRI). Foreign Minister Wang Yi held talks in Beijing with Foreign Minister of the Government of National Accord (GNA), Mohamed Taha Siala (Sayala), who was in China for the 8th Ministerial Meeting of the China-Arab States […]