Business

Liberia's Finance and Development Planning Minister Boima Kamara is contemplating stepping down from the Boakai administration after only four months in office due to a confluence of factors affecting his responsibilities.

By MITJA DEL BONO Social registries, defined as information systems that support intake, registration, and eligibility assessment processes for social protection programs, are being...

A major iron mining project in eastern Guinea may be at risk as its owner, the U.S. firm HPX, is reportedly running into trouble with its plans to ship ore through neighboring Liberia. HPX’s mining concession in Guinea has raised alarm among environmentalists, who say that if it reaches the production stage, its close proximity to Mount Nimba Strict Nature Reserve would endanger the resident chimpanzees.

Multinational steel giant ArcelorMittal and Solway Mining Inc., a lesser-known player, are locked in a high-stakes battle over iron ore deposits in Liberia. The dispute has led to protests by local traditional societies, further escalating the tensions.

The Economic Community of West African States (ECOWAS) has officially launched the National Platforms for the ECOWAS Cross-Border Cooperation Support Programme (ECBCSP 2023-2027) in Liberia and Sierra Leone, marking another milestone in the regional body's efforts to improve the lives of citizens living in border areas.

The world has enough wealth and resources to ensure that the entire human race enjoys a decent standard of living. Yet, people in countries like Burundi, South Sudan and the Central African Republic continue to live in desperate poverty. 

Chainsaw-milled timber is emerging as a damaging new form of illegal logging in Liberia. Chainsaw milling is legally permitted only for small-scale production of boards for the country’s domestic market, but larger operators may be using it as a means to evade regulations governing the sourcing and tracing of wood, and to avoid paying royalties to communities.

In support of the Liberian Administration's ambitions to deepen engagement with the Liberian diaspora, the World Bank Group (WBG) together with the European Union recently hosted a Liberia Diaspora Investment Dialogue on the margins of the World Bank and IMF Spring Meetings in Washington DC, USA. 

It is almost impossible to overestimate the significance of low gasoline prices, especially in developing nations like many African countries. Low gasoline prices have an impact on many facets of a country's economy. They ensure that an economy can run efficiently while empowering businesses and consumers and influencing the market.

In a joint sectoral portfolio review held by the Government of Liberia (GoL), World Bank Liberia Country Manager Georgia Wallen emphasized the urgency to...