An Indian businessman, Manoj Kumar Vatwani says he will bring more investments to Liberia. Vatwani, who was allegedly prevented from coming to Liberia by the George Weah administration government for charges brought against him said, “I have been in Liberia for more than twenty years, there are many more things which I feel supposed to…
President Joseph N. Boakai has disclosed that a number of Korean investors have expressed interest in coming to Liberia to invest in many areas with technical transfer. Speaking with reporters upon his return from the Korea-Africa Summit in Seoul, South Korea over the weekend, the President said his visit to the summit was not to…
The Liberia Business Association (LIBA) calls on border control security personnel to remain vigilant and prevent the haulage of large quantities of rice to neighboring countries at the detriment of the country’s interest. LIBA believes that rice importers in Liberia have the financial capacity to establish large commercial rice farms and acquire the necessary rice…
President Joseph Nyuma Boakai has departed Liberia along with a high-level delegation to attend the Korea-Africa Business Summit in Seoul, Korea. According to an Executive Mansion release dated June 1, 2024, the Summit, being held for the first time, brings together Heads of States from Africa, Business Leaders, International Partners from the Global South and…
The Government of Liberia is struggling tooth and nail to raise funds for its national development roadmap -the ARREST Agenda with the deliberate strive to lift Liberians out of destitution. But amid these spine piercing reality, a Russian owned mining company that was designated by the United States Treasury Department in 2022 for corruption and…
The Minister of Finance and Development Planning, Boima Kamara has left the country this weekend to attend the Annual Meetings of the African Development Bank in Nairobi, Kenya. The meetings run from May 27-31. Minister Kamara will be accompanied at the Annual Meetings by the Deputy Minister for Economic Management Hon. Dehpue Zuo as part…
The Vice President of Liberia Jeremiah Koung has condemned the recent protest by some community and traditional society members in Yekepa which disrupted the operations of ArcelorMittal Liberia (AML) for a week. ArcelorMittal is Liberia’s largest foreign direct investment, the highest contributor to government’s revenue and the largest private sector employer. The company is currently…
Central Bank of Liberia’s (CBL) deadline for exchange of the old banknotes has expired. The extended deadline expired on Wednesday, May 15, 2024. Speaking Wednesday, the Communication Director of CBL, P. Alphonsus Zeon said the extension was to bring relief to citizens who have yet to exchange their old banknotes. Mr. Zeon said the old…
President Joseph Nyuma Boakai has for the first time spoken on the need for a multi-user railway of the rail from Nimba to Grand Bassa Counties. Speaking last week at the US-Africa Business Summit in Texas, the United States of America, the Liberian shed light on his support for the multiuser railway project that is…
The Director General of the Liberia Standards Authority, Kansualism Berk Kansuah has promised to increase Liberia’s export and reduce import based commodities through efficient laboratory chemical and testing. Speaking Monday, May 13, 2024 when he officially took over as head of Liberia’s Standards Authority, Kansuah said Liberia’s product particularly commerce commodities, have not being able…
