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Liberia: ‘Exchange Rate Mechanism is the Fulcrum of West Africa’s Single Currency Project,’ CBL Governor Saamoi Says

The Executive Governor of the Central Bank of Liberia, Henry F. Saamoi, has stated that the ECOWAS Exchange Rate Mechanism (ERM) represents a critical...

Liberia Moves to Speed Rail Access As Government Puts Multi-User System on Track

Liberian authorities are moving quickly to clear hurdles blocking third-party access to the country’s railway network, in a push that could accelerate investment across...

African Telcos Plan to Invest $76B in Infrastructure

Seyllou/AFP via Getty Images African mobile operators are planning to invest $76 billion in network capital expenditure through 2030, a new report showed. The investment pipeline...

Liberia: 50-Megawatt Solar Farm Project Agreed

The Liberian government has reached agreement with AfriLight Energy of Mali to construct a 50-megawatt Solar Power Plant and Battery Energy Storage System (BESS)...

Liberia: CBL Takes Over IMF Regional Financial Steering Committees

Liberia has officially assumed the chairmanship of two highly influential International Monetary Fund (IMF) regional bodies: the AFRITAC West 2 Steering Committee and the...

Power Regulator Holds Public Hearing on LEC’s Plan to Expand Electricity Services to Buchanan

The Liberia Electricity Regulatory Commission (LERC) today conducted a public hearing on the Liberia Electricity Corporation’s (LEC) application to amend its Distribution License to...

The Gold CEO Bring $600 Million To Liberia Was Ousted Over Mystery Payments

Mansa Resources and main shareholder, Orion Resource Partners, have announced investing about $600 million to revive the lucrative Dugbe Gold Project after talks in...

World Bank, Government Advancing Plans for a National Clean Cooking Program

World Bank Group working with Liberian authorities has conducted pivotal training program for multiple actors to unlock investment and market development across the Clean...

French Lawmakers Vote to Seize ArcelorMittal’s Assets

At the end of last week, the French National Assembly voted in favour of a bill to nationalise ArcelorMittal’s French assets at its second...

Liberia Renews Push for Onshore Oil Exploration In Highly Rated Robert Basin

Liberia’s Minister of Mines and Energy has commissioned fresh exploration activities in the country’s onshore oil basin to resolve uncertainty about the likely occurrence...

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