Tag Archives | Interview

Interview: New LIA boss plans to fund Libyan Infrastructure

By Adam Nathan. The newly-appointed Chief Executive Officer (CEO) of the Libyan Investment Authority (LIA), the country’s sovereign wealth find, which holds $67 billion of assets, said he is seeking to work and co-invest with international investors including major oil companies to boost his country’s wealth. In his first interview with the media, Mr Ali Shamekh […]

Managing Libya’s $67bn Sovereign Wealth Fund

By Padraig O’Hannelly. Libya is complicated. With two rival governments, controlling rival armies that themselves contain competing factions, it’s hardly surprising that control of one of Libya’s biggest assets, its $67-billion sovereign wealth fund, is also contested. To some extent, the battle for control of the Libyan Investment Authority (LIA) mirrors the divisions within Libya […]

Libya to maintain Ugandan investments

Libya has invested at least $375 million (about Shs 900billion) in Uganda through its multi-billion dollar investment arm—the Libyan Africa Investment Portfolio. In Africa, Uganda is considered a hub of Libya’s foreign investment.Under the regime of the Late Col Muammar Gaddafi—Libya invested heavily in sectors such as agriculture, telecommunication, hotels, health, construction, and finance.The range […]