The Prime Minister of Guinea, Amadou Wouri Bah, received a high-level Libyan delegation headed by the Libyan Minister of Youth and Special Envoy of the Prime Minister to Africa, Fathallah El-Zeni, accompanied by the Chairman of the Board of Directors of the Libya Africa Investment Portfolio, Mustafa Abu Fanas, and in the presence of the Guinean Minister of Youth and Sports, Bogola Haba.
According to what was reported by the official page of the portfolio on Facebook, the Guinean Prime Minister expressed his welcome to the delegation, his support for the unity of Libya, and his encouragement of any cooperation between the two countries. He confirmed that he directed all relevant ministers at the Guinean Council of Ministers meeting to provide support and assistance for the success of the mission of the Libyan economic delegation.
In his speech, the Guinean Consul in Libya praised the efforts made to arrange for this meeting, noting that the Libyan delegation represents the fruit of long negotiations that took place in the capital, Tripoli, through several meetings held under the auspices of the governorate during the last period in the capital, Tripoli, explaining that this visit is The first at a high level between the two countries in 13 years, expressing his thanks to the Prime Minister and President of the Republic of Guinea, Mamadou Doumbouya, for their support for these efforts.
For his part, the Libyan Minister of Youth conveyed the greetings of the Prime Minister of the National Unity Government, Abdelhamid Dabaiba, to the Guinean Prime Minister and General Doumbouya, the President of the Republic. He also touched on the meetings he had with his Guinean counterpart in Libya, which constituted a fruitful opportunity to raise several topics, the most important of which is the importance of opening investment horizons between the two countries. The two countries, and strengthening cooperation with the Libya Africa Investment Portfolio, in response to the directives of Mr. Abdul Hamid Al-Dabaiba, Prime Minister of the National Unity Government.
Al-Zani also stressed that this visit represents an important historical milestone after years of interruption, expressing his thanks to the Guinean Prime Minister for his support for the government of national unity in Tripoli, and praising his historical position represented in his direct dealings with the government, hoping that Prime Minister Amadou Wouri Bah will direct the sectors various efforts to make this visit a success.
The Guinean Prime Minister expressed his thanks to the Libyan delegation, praising Libya’s historical role in supporting stability and development in Africa, noting that the conditions that Libya is going through have had a direct impact on the African continent, which highlights the prestigious position that Libya enjoys at the continental level, and stressed Mr. Amadou Wori Bah issued his instructions to facilitate cooperation between the two friendly countries and address any obstacles or difficulties, with regard to coordination on common files with Guinea. He also indicated that his country It faces challenges resulting from inherited problems, which calls for strengthening joint cooperation to confront them. He stressed Guinea’s commitment to cooperating with the national unity government in Tripoli, noting the need to confront common challenges in a fraternal spirit, calling on the Libyan delegation to feel as if they were in their second homeland.
This visit is a milestone in the history of Guinean-Libyan relations, and comes within the framework of the two countries’ efforts to enhance joint cooperation in various fields, and to discuss the recovery of the portfolio’s investment assets. The Libyan delegation included prominent officials, including Mustafa Abu Nass, Chairman of the Board of Directors of the Libya Portfolio. Africa Investment, Khalifa Al-Shaibani, member of the portfolio’s board of directors, and Mohamed Mahjoub, general manager of Laico, in the presence of a number of Guinean officials and the chargé d’affaires at the embassy. Guinea to Libya, the Chargé d’Affaires of the Libyan Embassy in Guinea, in addition to a representative of the Audit Bureau, and a number of officials from the Economic Holding Group and the Tatweer Industrial Investment Company.
The Board of Directors of the Libya Africa Investment Portfolio is currently chaired by Mustafa Abu Nas, former Minister of Economy, who was appointed by the Prime Minister of the National Unity Government, Abdul Hamid Dabaiba, in order to implement decisive reforms in the Libya Africa Portfolio to achieve progress towards the goals of economic and investment sustainability and contribute to deepening Libya’s impact and role in the African scene.
The Libya Africa Investment Portfolio was established in 2006. The portfolio works in the field of international investment, searching for investment opportunities and building a diversified and balanced portfolio that includes companies operating in various industries and regions, in addition to achieving long-term and sustainable returns.
Last updated: November 27, 2024 – 00:02
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How could youth engagement impact the future of Guinea and Libya?
Interviewer: Welcome to Time.news! Today, we have the pleasure of speaking with Dr. Amina Diallo, a political analyst and expert in African foreign relations. Dr. Diallo, thank you for joining us.
Dr. Diallo: Thank you for having me! I’m excited to discuss this important development.
Interviewer: Absolutely. Recently, Guinea’s Prime Minister, Amadou Wouri Bah, welcomed a high-level delegation from Libya, marking a significant milestone in Guinean-Libyan relations after 13 years. What does this meeting signify for both countries?
Dr. Diallo: This meeting is indeed historic. It signifies a renewed commitment to cooperation and partnership between Guinea and Libya. The context is crucial—Guinea is looking to strengthen its political and economic ties with Libya, which has historically been a key player in African unity and stability. The Libyan delegation’s visit illustrates Libya’s intention to re-engage with its continental counterparts and focus on investment avenues.
Interviewer: Speaking of investments, the Libyan Minister of Youth emphasized opening investment horizons between the two nations. What sectors do you think could benefit the most from this collaboration?
Dr. Diallo: There are several sectors with enormous potential. Given Guinea’s vast mineral resources, particularly bauxite, there’s a significant opportunity for Libyan investment in mining and natural resources. Additionally, both countries could focus on youth and sports development, which was highlighted in the meeting, tapping into youth employment programs that could drive economic growth in both nations.
Interviewer: It seems that there’s a focus on youth and sports, especially with Libya’s Minister of Youth present. How vital is the role of youth in shaping the future of these nations?
Dr. Diallo: Youth is critical in shaping the future for any country, especially in Africa, where a significant portion of the population is under 30. By fostering opportunities for youth engagement and harnessing their potential through sports and education, both nations can create a stronger, more resilient workforce. The partnership could bring about innovative solutions to common challenges, like unemployment and social unrest.
Interviewer: During the meeting, the Guinean Prime Minister mentioned addressing inherited challenges through strengthening joint cooperation. Can you elaborate on what these challenges may be?
Dr. Diallo: Certainly. Both countries face socio-political challenges—Guinea dealing with governance issues post-transition, and Libya grappling with political instability and fragmentation. These inherited problems include economic stagnation, unemployment, and inadequate infrastructure. Strengthening cooperation can provide a framework for addressing these systemic issues, allowing both countries to learn from each other’s experiences and contribute positively to regional stability.
Interviewer: The article notes that Guinea’s Prime Minister directed his ministers to support the Libyan delegation’s mission. How significant is government support in fostering international cooperation?
Dr. Diallo: Government support is fundamental. It sets the tone for bilateral relations and shows commitment to mutual goals. By aligning efforts across different levels of government and various sectors, both nations can build a robust framework for cooperation. It also sends a strong message to the international community about their resolve to work together.
Interviewer: what do you think the future holds for Guinean-Libyan relations post this crucial visit?
Dr. Diallo: If both governments maintain momentum and take actionable steps toward cooperation, I foresee a bright future for their relations. This engagement could lead to enhanced economic ties, mutual investments, and a collective approach to tackling shared challenges. Furthermore, it could serve as a model for other African nations to bolster intra-continental partnerships, promoting unity and shared development across the region.
Interviewer: Thank you, Dr. Diallo, for your insights into this pivotal moment for Guinea and Libya! It’s clear that this relationship has the potential to benefit both nations and the African continent as a whole.
Dr. Diallo: Thank you for having me! Let’s keep an eye on these developments as they unfold.