Libya continues telecoms investment push into Africa, invests in Chad

Posted on 11/02/2010


The Libyan Investment Authority’s SWE, LAP Green Network signed a deal to purchase a majority stake in Sotel Tchad. Sotel Tchad is based in the African country of Chad.  The sovereign wealth enterprise paid US$ 90 million for a 60% stake in the firm. The LIA is aggressive on acquiring African telecommunication companies.  Sub-Saharan Africa […]