Hotels & Real Estate
he Libya Africa Investment Portfolio, through its subsidiary, the Libyan African Investments Company (LAICO), owns several companies that invest in hotels and real estate. It currently owns 20 hotels and two resorts, with a combined 3,500 rooms, and a presence in over 27 African countries.
Investment Funds
LAIP has invested more than $1 billion dollars in investment funds, distributed among a number of international banks, and financial management companies.
The majority of these funds are invested in Silphium Asset Management, which is based in the UK’s capital, London, and wholly owned by LAIP.
Oil & Gas
LAIP’s investments in the oil and gas sector is through its subsidiary companies; Libya Joint Oil Company which is located locally in Libya and owns 150 petrol stations while also manages another 150 petrol stations across the country.
The other subsidiary; Ola Energy Group, with over 40 joint ventures spanning across 17 African countries, is involved in supplying, distributing, and storing petroleum products, in addition to manufacturing and marketing mineral oils and asphalt.
Information Technology
The Laptech Information and Communications Technology Joint Stock Company is one of the LAIP’s subsidiaries in Libya which specializes in the field of I.T. It seeks to provide an integrated and innovative set of high quality services such as installing communication towers, distributing technological products as well as experience in setting up wired and wireless communication systems.
Telecommunication
LAIP invests in the telecommunications sector through a satellite owned by one of its subsidiaries, Rascom Star-Q. The satellite provides telecommunications services to African countries including internet services, via fixed and mobile phones.