Abu Dhabi financial services company Invest AD has launched a fund to invest in Libya, one of Africa’s fastest growing economies. Invest AD has already committed its own capital to the fund, which will invest in Libya’s $2.2bn stock market, as well as participating in initial public offerings (IPOs) and taking pre-IPO stakes in companies.
“Libya has taken positive steps to open its economy and is reaping the rewards, with very high rates of economic growth,”…read more
Maghreb Watch 