Tag Archives | South Sudan

LAP GreenN’s Fall from Grace was Utterly Avoidable

From Sami Redwan.  Any opinions expressed are those of the author, and do not necessarily reflect the views of Libya Business News. The telecoms provider LAP GreenN’s fall from grace has been nothing short of spectacular. Established in 2007 with a total investment capital of over US$1 billion, LAP GreenN is wholly owned by the […]

Libya Again Ranks Second Last …

By John Lee. Libya has again been ranked in second-last place out of 189 countries in the World Bank‘s recent Doing Business 2016 report. Top of the list were Singapore, New Zealand and Denmark, with last place going to Eritrea, just behind Libya and South Sudan. The pace of business regulatory reforms picked up during […]

LAP-Tripoli Hits at “Poorly Managed” LAP GreenN

The Tripoli-based leadership of the Libyan African Investment Portfolio (LAP), which owns LAP GreenN, said in a statement on Monday that it was “unable to continue to fund a poorly managed LAP GreenN.” LAP CEO Mohsen Derregia, said: “LAP GreenN received US$ 208 million from LAP between November 2011, when Ahmed Kashadah and Wafiq Shater […]