During Muammar Gaddafi's regime, Libya poured hundreds of millions of dollars into a variety of sub-Saharan African nations, investing in diverse sectors such as hospitality, telecommunications, banking, agriculture, and fuel distribution.
A comprehensive list outlines its key investments through the Libya Africa Portfolio (LAP), which serves as an umbrella for multiple groups, including the Libya Arab African Investment Company (LAICO).
In South Africa, LAICO fully owns the Ensemble Hotel Holdings group, which is the owner of the prestigious Michelangelo Hotel located in #Johannesburg. It also holds a minority stake in the Legacy Hotel Holdings group, which oversees 19 luxury properties.
Its true that there is actively a dispute between the hotelier and the hotel developer.
Ensemble Hotel Holdings also “owns” Radissn Blu Sandton. It's under a different "company" but reporting is to Ensemble...
I'm writing an article about it for the Mail & Guardian. Follow my page for more updates. Hit the 🔔 so you don't miss it.
Most Africans are unclear what’s happening in the Sahel, particularly in Burkina Faso, Mali and Niger. The most common feeling is that an anti-imperialist revolution is brewing in the region. Is this true though?
🧵Thread🧵
This country is sick. Renaldo Gouws, Penny Sparrow, Adam Catzavelos are just symptoms, coughs if you would, of that sickness. There was Never real truth and reconciliation in South Africa. That is why there is no economic justice, we are one of the most unequal countries in the world and its people are always triggered by the traumas of apartheid. You cannot hurt people, oppress them, strip them of their land, jail them, set your dogs on them, murder their families, dispose of their remains in rivers and then have an expectation of forgiveness. Racism is Not just about color. See if I see you as inferior to me and imbed it in indoctrination and psychology like Hendrick Verwoerd did, I can take away your land, strip your dignity, kill your children with little to no guilt. Then 1994 happens and you don’t have land, you still live in poverty, your children still die, you are still economically excluded. But there is still an expectation that “you move on”. What this sickness needs is real conversation on economic inclusion, justice, equality of education. Equality in the workplace. We do not have that as yet. And until we do, there will always be people who remind you of just how inferior you are.
Amiri Baraka: As a student, they fill you with ruling class ideology not because you’re going to be part of the ruling class, but so you fight to the death for them.
You’re being prepared to enter the “middle class”, to explain to people why the system can’t be changed.