02.11.2010 - Libya buys majority stake in Chad telecoms firm
From Reuters: Libyan state-owned firm LAP Green Network signed a deal on Monday to buy a majority stake in Chad's Sotel telecoms firm for $90 million. The Libyan firm, which is owned by sovereign wealth fund the Libyan African Investment Portfolio, owns or controls telecoms operations in eight African countries. The deal to buy a 60 percent stake in state-owned Sotel Tchad, was signed during a visit to Chad by Libyan leader Muammar Gaddafi, who is there to attend a conference on Africa's dwindling water resources...........................................Full Article: Source
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