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Libyan Investments Abroad on the Rise, New Focus on Africa

25 May, 2009 01:39:00 The North Africa Journal
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image Col. Kaddafi Looking for Influence in Africa

Most of the coverage about Libya the past few years has been about foreign investors pouring money into the promising oil and gas sector of the newly reopened North African nation.Very little has been said about Libya’s rechanneling of its oil revenues into foreign markets.

This time, recent disclosures from Tripoli shows the extent of Libya’s capital engagement outside of the country, which suggest an aggressive approach to placing money abroad. The data also shows that Africa is a major focus for Libya. Continue here.

Comments (1 posted):

O.M.Mustafa on 05 August, 2009 04:59:46
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We do apprecaite your efforts to keep us well-informed as far as the issues of North Africa are concerned!

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