LAP GreenN

  • Africa & World

    Libyan firm threatens to seize Zambian assets over US$380m debt

    Libyan telecoms investor LAP GreenN is threatening to seize Zambia’s international assets because it says the government owes it US$380 million. The debt dates back to Zambia’s nationalisation of Zamtel in 2012, a year after LAP GreenN bought the company from the previous administration for $257 million. Faisel Gergab, Chairman of the Libyan Post Telecommunications and Information Technology Company, a…

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