Courtesy of Ventures Africa, some thoughts on Libya: Libya has never been a country with a good reputation, and with all of the bad news about terrorism, chaos and disorder that has appeared since the fall of Qaddafi, it’s hard to believe that things are getting better. But with parliamentary elections later this year and […]
Read more »Via Capitalist Exploits, an interesting report on the Libyan stock exchange: I spent most of the past week in Tripoli, Libya. The primary intent for this trip was to choose a location that will house our long-awaited property venture there. That part of the trip went well; we have access to several feasible options in […]
Read more »Via the Globe & Mail, an interesting article on Benghazi: At a construction site on Benghazi’s waterfront, engineer Seraj Bushada proudly points to a giant hole in the ground that will make way for a 48-floor office tower that city officials hope will help transform part of this port city into a modern business district. […]
Read more »Via Eurasia Review, a report that Libya is planning the separation of its national oil corporation’s exploration and refining arms. As the article notes: Libyan Minister of Oil Abdulbari al-Arusi on Thursday (November 29th) held a meeting with the local council in Benghazi to discuss the management of the region’s oil resources and address political […]
Read more »Via The Financial Times, a look at Libya: A Libyan oil terminal burns during the civil war. Security troubles continue to make life difficult for business The property mogul beams with pride as he shows off his vision for developing Benghazi’s dilapidated city centre, which was sorely neglected during the four decades of Colonel Muammer […]
Read more »Via The Financial Times, a commentary on Libya’s investment outlook following its first free election in decades: Libya’s first free election in six decades is an important step to get the country’s economy moving again, attract investment and unleash the true potential of the country’s oil wealth. Although Libyan daily oil production is well on […]
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