The Central Bank of Liberia (CBL) has issued a new directive, increasing the minimum capital requirement for commercial banks from US$10 million to US$15 million. Issued on April 21, 2026, in Monrovia, this Directive increases the Minimum Capital Requirement for Commercial Banks as a market filter for well-resourced investors to enter the banking sector, leading…
President Joseph N. Boakai has delivered a blunt message on Liberia’s development priorities, declaring that the country must move beyond an economy dominated by hardware shops and embrace modern, people-centered investments. Speaking Friday, April 10, 2026, at the grand opening of the Monrovia Super Mall in Congo Town, the President praised the facility as a…
Africa’s trade landscape is entering a decisive phase, with growing volumes but limited internal integration, according to Chioma Mang, CEO of UBA Africa. In 2024, the continent recorded an estimated US$1.5 trillion in total trade, yet it still accounts for only about 3.3% of global trade, based on data from the World Trade Organization (WTO)….
Orange Liberia has honored outstanding journalists and media houses with awards for their exceptional contributions to the field of journalism. Speaking at the award ceremony in Monrovia during the weekend, Orange Liberia Human Resource Manager, Supu H. W. Cole Sr., said the media play a pivotal role in promoting Orange products and services, ensuring that…
Liberian President Joseph N. Boakai has extended an open invitation to global investors and regional partners to seize emerging opportunities in the country’s fisheries sector, declaring that Liberia is “open for business, but not for exploitation.” Speaking on Monday, March 30, 2026, during the opening of the National Fisheries Investment Conference in Lower Margibi County,…
Orange Liberia has launched a groundbreaking initiative to bridge the gap between technology and diverse industries, empowering businesses to harness digital tools and unlock their full potential. Speaking at the launch in Monrovia on March 9, 2026, Josephine Akinrele said the initiative aims to bridge the gap between technology and industries, ensuring that Liberian businesses…
Africa’s Global Bank, United Bank for Africa (UBA), has unveiled a comprehensive diaspora banking and investment platform aimed at connecting Africans living abroad with structured wealth-building opportunities across the continent. The initiative, launched at the bank’s global headquarters in Lagos under the theme “Beyond Banking: Powering the Global African Lifestyle,” marks a strategic shift from…
Orange Liberia Digital Center (ODC) has issued a report of its 2025 achievements, marking significant progress in digital skills training and innovation across Liberia. Delivering the report on January 30, 2026, in Monrovia, Zaza Mulbah, Senior Manager at Orange Digital Center (ODC), said the entity’s commitment to social investment and its mission is unwavering in…
Business tycoon, Upjit Singh Sachdeva has given the Suehn Legacy Circle three million Liberian dollars worth of building materials to begin the reconstruction project of the historic Suehn Industrial Academy. The structure has been lying in ruins since the end of the country’s 14 years of civil war. The Academy, financed by entrepreneurs Solomon Hill…
The controversial US$25 million Mop-up exercise has resurfaced again with former Finance and Development Planning Minister, Samuel D. Tweah, distancing himself and pointing fingers at the Central Bank of Liberia (CBL). Speaking over the weekend on Spoon Talk, Tweah denied his involvement in the execution or distribution of the US$25 million, insisting that responsibility rests…
