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Libya to spur economic growth in Africa

Speaking at a press conference that was held at Grand Regency Hotel in Nairobi, the president of the Libya Africa Portfolio Fund for Investment (LAP), Bashir Saleh said Libya is planning to invest over $8bn in Africa's economic sectors including oil, gas, air transport, tourism and the construction of oil refineries, among others, to spur Africa's economic development.

Saleh led a Libyan investment delegation last week to Kenya and met with both President Mwai Kibaki and Prime Minister Raila Odinga.

Read the full article here.

[5 Aug 2008 09:50]

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