Ghana Libyan-Arab Holding Company
Overview
Ghana Libyan-Arab Holding Company Limited (GLAHCO) is a joint venture established in 1982 between the Libyan Arab African Investment Company (LAAICO) and the Government of Ghana, with equity interests of 60% and 40% respectively. The company is primarily an investment entity with a diverse portfolio spanning real estate, agriculture, hospitality, and trade sectors. GLAHCO's real estate investments include executive residential facilities in East Cantonments, a shopping mall along Osu Oxford Street, and a bonded warehouse in Tema. In agriculture, through its subsidiary Ghana Libyan-Arab Agricultural Company Ltd (GLAACO), GLAHCO operates one of Ghana's largest mango plantations, cultivating 500 acres of mangoes. The hospitality sector is represented by GLAHCO Hotels & Tourism Development Company Limited (GHTDCO), which owns The Lancaster Accra, a 4-star hotel with 234 rooms, and renovated the Lancaster Kumasi City Hotel with 186 rooms in 2008. Additionally, GLAHCO has invested in trade and commerce, contributing to the economic development of Ghana and Libya. The company's strategic focus is on identifying and investing in profitable business opportunities that foster growth and development in both nations. GLAHCO's investment philosophy emphasizes sustainable development, value creation, and the enhancement of bilateral economic relations between Ghana and Libya. Through its diversified investments, GLAHCO aims to contribute significantly to the economic prosperity of both countries, leveraging its unique position as a bridge between the two nations to foster mutual growth and development.
Investment Focus
- Profitable business opportunities
- Sustainable development projects
- Growth and development initiatives in Ghana and Libya
Portfolio Companies
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Frequently asked questions about Ghana Libyan-Arab Holding Company
What sectors does Ghana Libyan-Arab Holding Company invest in?
Ghana Libyan-Arab Holding Company invests in Real Estate, Agriculture, Hospitality and Trade and Commerce, and is based in Greater Accra Region, Ghana. Ghana Libyan-Arab Holding Company is listed as a sovereign wealth fund in the ConnectSafely investor database.
What stage does Ghana Libyan-Arab Holding Company invest at?
Ghana Libyan-Arab Holding Company backs companies at Growth and Late Stage.
Which regions does Ghana Libyan-Arab Holding Company invest in?
Ghana Libyan-Arab Holding Company invests across Ghana and Libya.
What companies has Ghana Libyan-Arab Holding Company invested in?
Ghana Libyan-Arab Holding Company's portfolio includes The Lancaster Accra, Lancaster Kumasi City Hotel, GLAHCO Oxford Street Mall and GLAACO Mango Plantation.
Last updated · Source: ConnectSafely investor database
