The 28-year-old Nigerian centre-back left the Buccaneers in February following five seasons where he struggled for game-time after a number of sidelining injuries.
He signed for Stellenbosch for the second half of the campaign, making seven appearances, before being released.
A reported move to Mamelodi Sundowns was in discussion, but the former Akwa United star looks likely to complete a move to Libya.
Agent Mike Makaab told FARPost: "Olisa Ndah is fit and ready for his new chapter to continue showcasing his talent.
"So, at the moment we are working on a deal with a Libyan club, which I can't disclose now.
“We are hoping that the deal will be concluded by the end of this week.”
