Local telecommunications investor, Libyan African Investment Portfolio (Lap) Green, has signed a $300 million (about Shs600 billion) financing agreement with the Industrial and Commercial Bank of China (ICBC).
Lap Green Managing Director and Chief Executive Officer, Abdulbaset Elazzab said the money would be spent in rejuvenating Lap Green operations in Uganda, Rwanda, Ivory Coast, Sierra Leone, Niger and Togo.