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West sees business opportunities in Libya

The guns in Libya have barely quieted, and NATO’s military assistance to the rebellion that toppled Moammar Gadhafi will not end officially until Monday. But a new invasion force is already plotting its own landing on the shores of Tripoli. Western security, construction and infrastructure companies that see profit-making opportunities receding in Iraq and Afghanistan […]

Under Libya: Riches More Precious Than Oil

Libya’s new government may look beyond oil, to water, as it builds a longer-term economic future for the nation’s young population. An enormous geological store of water, the Nubian Aquifer, sits below Libya, Egypt, Chad and Sudan. It may hold as much as 500 years of the Nile’s flow, most of which accumulated during the Pleistocene epoch, as […]

Pragmatic China goes to work in new Libya

China faces mounting challenges in its struggle to build favour and protect its business interests and infrastructure projects in Libya after being seen to be slow-moving in its support for the African oil-producing country’s transitional government. Analysts say Beijing has been subtly changing its tone and tactics since the death of Colonel Muammar Gaddafi last […]

AMEC talks to Libya on oil, reconstruction

 British engineering firm AMEC is ready to move workers back into Libya as its new rulers attempt to restore oil production and rebuild the conflict-torn country’s infrastructure, AMEC’s chief executive said. Foreign firms evacuated expatriate employees from the north African country as it descended into civil war in late February. The end of fighting last […]