About LIA - Libyan Investment Authority - LIA

About us

Preserving and growing Libya’s wealth to secure the future of generations to come

ESTABLISHED IN

2006

The Libyan Investment Authority (LIA) is the national sovereign wealth fund of Libya.
The LIA is Africa’s largest sovereign wealth fund, and manages well over US $67 billion in assets globally across Africa, Europe and North America (at last valuation in 2012).

Our mandate is to preserve and grow the wealth of the Libyan people, to secure the long-term future of generations to come.

We are committed to our mission to achieve stable, attractive and competitive commercial returns over the long-term, by investing prudently across a diverse set of industries and geographies.

The LIA’s portfolio spans a broad spectrum of industries and asset classes including:

Agriculture
Technology
Oil & Gas
Real Estate
Chemicals
Financial Services
Manufacturing & Industrial
Media & Telecom
Transportation
Utilities

The LIA’s portfolio spans a broad spectrum of industries and asset classes including:

  • Agriculture

  • Technology

  • Oil & Gas

  • Real Estate

  • Chemicals

  • Financial services

  • Manufacturing & Industrial

  • Media & Telecom

  • Transportation

  • Utilities

    We are firmly committed to investing in Libya’s long-term recovery, and we recognise the critical role of the LIA in safeguarding the assets of our nation.

    The LIA will never rest on our laurels. We are dedicated to implementing real change in the continuous pursuit of institutional excellence, to ensure that our investment activities are aligned with international best practices in governance, transparency and accountability.

    As a legally and financially independent entity, the LIA works on behalf of all Libyan people.

    28 August

    2006

    The LIA was established on August 28, 2006 by Decree 208 of the General People’s Committee of Libya (which has now been replaced by the Government Cabinet).

    2010

    We were reorganised and regulated by Law No. (13) in 2010, which defined the LIA as an investment corporation with independent financial and legal capacity.

    Key Milestones

    • 2006

      LIA was established
    • 2007

      LIA begins operations
    • 2008

      LIA absorbs LAFICO, LAIP and OilInvest
    • 2009

      LIA joins International Forum of Sovereign Wealth Funds
    • 2010

      LIA reorganised and regulated under Libyan Law No. (13)
    • 2016

      Presidential Council of GNA appoints LIA Steering Committee
    • 2016

      Governments of the UK, US, France, Germany, Italy and Spain welcome the appointment of the Steering Committee
    • 2019

      LIA appoints international experts as external advisors
    • 2020

      LIA kicks off comprehensive transformation programme

      Our Subsidiaries


      • Libyan Foreign Investment Company (LAFICO)
      • Libya Africa Investment Portfolio (LAIP)
      • Libyan Local Investment and Development Fund (LLIDF)
      • Long Term Investment Portfolio (LTP)
      • OilInvest Group

        “The Libyan Investment Authority is committed to preserving and growing the assets of the fund for the benefit of all Libyan people and future generations. With prudent oversight and professional management, we are confident we have the expertise and experience to develop and optimise Libya’s wealth for the future of Libya.”

        – Board of Directors, Libyan Investment Authority

        © 2021 LIA,  ALL RIGHTS RESERVED.

        © 2021 LIA,  ALL RIGHTS RESERVED.