{"id":1043,"date":"2021-07-13T05:44:19","date_gmt":"2021-07-13T05:44:19","guid":{"rendered":"http:\/\/sw-themes.com\/porto_dummy\/?page_id=1043"},"modified":"2023-06-20T11:51:05","modified_gmt":"2023-06-20T11:51:05","slug":"about-us","status":"publish","type":"page","link":"https:\/\/laico.ly\/en\/about-us\/","title":{"rendered":"About Us"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1043\" class=\"elementor elementor-1043\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ced44d2 flex-wrap elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"ced44d2\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;animation&quot;:&quot;fadeIn&quot;,&quot;animation_delay&quot;:&quot;200&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-158aee7 w-100\" data-id=\"158aee7\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-3250de4 w-100\" data-id=\"3250de4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7b50e69 elementor-widget__width-initial elementor-widget-tablet__width-inherit elementor-widget elementor-widget-heading\" data-id=\"7b50e69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">LAICO is a leading investment company established under the former People's General Committee decree No. (660) of 1990. We operate under the umbrella of Libya's sovereign wealth fund.<br><br>\nWith a large capital, LAICO focuses on investments in Africa's real estate, hotel, manufacturing, and agricultural sectors.\nOur mission is to contribute to the development of the African economy by strategically investing Libyan funds and leveraging our expertise to create long-term value.\n<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-8bc5df6 px-4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8bc5df6\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-a42b59f elementor-invisible\" data-id=\"a42b59f\" data-element_type=\"column\" data-e-type=\"column\" data-settings=\"{&quot;animation&quot;:&quot;fadeInLeft&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-section elementor-inner-section elementor-element elementor-element-7691c8b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7691c8b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f191fa4 mb-0\" data-id=\"f191fa4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4141878 mb-0\" data-id=\"4141878\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-07a5cd6\" data-id=\"07a5cd6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-62656a4 m-t-sm mb-2 elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"62656a4\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;slideInUp&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Who <strong class=\"font-weight-extra-bold\">We Are<\/strong><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4be4645 elementor-invisible elementor-widget elementor-widget-text-editor\" data-id=\"4be4645\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"m-b-md\">We are a subsidiary of Libya&#8217;s sovereign wealth fund, specializing in strategic investments in Africa&#8217;s real estate, hotel, manufacturing, and agricultural sectors.<br \/>Our diversified portfolio spans over 20 countries across the African continent, including South Africa, Chad, Mali, Burkina Faso, Kenya, Tanzania, Benin, Ghana, and Zambia.<br \/>At LAICO, we are committed to driving sustainable growth, fostering economic development, and maximizing returns for our stakeholders.<br \/>Explore our investment opportunities and discover the potential of Africa&#8217;s thriving markets.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-section elementor-top-section elementor-element elementor-element-8259d21 push-top elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8259d21\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-9bdd3fb\" data-id=\"9bdd3fb\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4b28e8a elementor-widget elementor-widget-accordion\" data-id=\"4b28e8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-7881\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-7881\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Our Vision<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-7881\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-7881\"><p>Our vision at Laico is to be a leading investment company in Africa and beyond, known for our expertise in identifying and developing investment opportunities that create value and contribute to economic growth. We aspire to become the partner of choice for Libyan investments, and to be recognized for our commitment to excellence, innovation, and responsible business practices.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-7882\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-7882\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-right\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Our Mission<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-7882\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-7882\"><p>At Laico, our mission is to strategically invest Libyan funds in Africa and beyond, with a focus on hospitality, hotels, and real estate, while diversifying our portfolio with multipurpose sub-holding companies. We are committed to maximizing the value of our investments, contributing to the growth of the Libyan economy, and creating sustainable value for all stakeholders.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-625a6d6\" data-id=\"625a6d6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eda4b27 elementor-widget elementor-widget-image\" data-id=\"eda4b27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"914\" src=\"https:\/\/laico.ly\/wp-content\/uploads\/2023\/04\/african_map.svg\" class=\"attachment-large size-large wp-image-3087\" alt=\"\" srcset=\"https:\/\/laico.ly\/wp-content\/uploads\/african_map.svg 150w, https:\/\/laico.ly\/wp-content\/uploads\/african_map.svg 300w, https:\/\/laico.ly\/wp-content\/uploads\/african_map.svg 768w, https:\/\/laico.ly\/wp-content\/uploads\/african_map.svg 1024w, https:\/\/laico.ly\/wp-content\/uploads\/african_map.svg 189w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a28c345 elementor-hidden-desktop elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a28c345\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c01f708\" data-id=\"c01f708\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d61567e push-bottom m-t-n-xs elementor-widget elementor-widget-shortcode\" data-id=\"d61567e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\">[porto_schedule_timeline_container type=\"history\"]\n[porto_schedule_timeline_item subtitle=\"1990\" image_id=\"\" heading=\"FOUNDATION\" animation_type=\"fadeIn\"]The Libyan African Investment Company (Laico) is established under Provision No. 660 of the Libyan government.[\/porto_schedule_timeline_item]\n[porto_schedule_timeline_item subtitle=\"2006\" image_id=\"\" heading=\"ACQUISITION\" animation_type=\"fadeIn\"]Laico is acquired by the Libya Africa Portfolio (LAP) with a share capital of 992,912,800 Libyan Dinars.[\/porto_schedule_timeline_item]\n[porto_schedule_timeline_item subtitle=\"2008\" image_id=\"\" heading=\"THE BEGINNING OF THE INVESTMENT\" animation_type=\"fadeIn\"]Laico invests in the Grand Hotel Tripoli, a five-star hotel in the heart of the Libyan capital.[\/porto_schedule_timeline_item]\n[porto_schedule_timeline_item subtitle=\"2010\" image_id=\"\" heading=\"THE ACQUISITION OF LAICO\" animation_type=\"fadeIn\"]Laico expands its portfolio with the acquisition of several properties in Morocco, including the Kenzi Tower Hotel in Casablanca.[\/porto_schedule_timeline_item]\n[porto_schedule_timeline_item subtitle=\"2012\" image_id=\"\" heading=\"PLANS TO INVEST\" animation_type=\"fadeIn\"]Laico announces plans to invest in South Sudan, with a focus on developing the country's hospitality and real estate sectors.[\/porto_schedule_timeline_item]\n[porto_schedule_timeline_item subtitle=\"2014\" image_id=\"\" heading=\"THE DEVELOPMENT\" animation_type=\"fadeIn\"]Laico partners with the African Export-Import Bank to invest in the development of the hotel industry in Africa.[\/porto_schedule_timeline_item]\n[porto_schedule_timeline_item subtitle=\"2017\" image_id=\"\" heading=\"ENTERING THE TUNISIAN MARKET\" animation_type=\"fadeIn\"]Laico opens the Laico Hammamet Hotel in Tunisia, marking its entry into the Tunisian market.[\/porto_schedule_timeline_item]\n[porto_schedule_timeline_item subtitle=\"2019\" image_id=\"\" heading=\"EXPANSION IN NORTH AFRICA\" animation_type=\"fadeIn\"]Laico acquires the Sheraton Tunis Hotel and the Sheraton Annaba Hotel in Algeria, further expanding its presence in North Africa.[\/porto_schedule_timeline_item]\n[porto_schedule_timeline_item subtitle=\"2021\" image_id=\"\" heading=\"CONTINUE PERFORMING THE TASK\" animation_type=\"fadeIn\"]Laico continues to pursue its mission of investing Libyan funds in Africa and beyond, with a focus on hospitality, hotels, and real estate, while diversifying its portfolio with multipurpose sub-holding companies.[\/porto_schedule_timeline_item]\n[\/porto_schedule_timeline_container]<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The New Way to InvestmentHospitalityTradingDiversifyAgricultureAfrica LAICO is a leading investment company established under the former People&#8217;s General Committee decree No. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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