The House of Representatives has mandated its Committees on Investment & Concessions, Banking & Currency, and Judiciary to review strategic agreements submitted for ratification by President Joseph Nyuma Boakai, Sr,.
The agreements, which include a Strategic Partnership Agreement between the Government of Liberia and Afriland First Holding, a Shareholders Agreement, and the Articles of Incorporation of the Liberia Corporation for Strategic Investment (LCSI), seek to promote economic growth and sustainable development across the country. According to the submission, the partnership aims to foster entrepreneurship, economic empowerment, and investment opportunities that benefit Liberians, with emphasis on women and children’s welfare.
Afriland First Holding SA, registered in Lomé, Togo, is expected to collaborate with the Government of Liberia under this arrangement. A statement issued on Thursday, May 20, 2025, by the House’s Press Bureau indicates that the committees will scrutinize the agreements to ensure they align with national laws and economic priorities.
Further deliberations are expected in the coming weeks as the committees carry out their investigations and report their findings to the House for final consideration.
