Western Cluster Liberia Limited (WCL), one of the country’s leading mining companies, has announced plans to resume full-scale operations in the Western Region of Liberia in the coming months. The company disclosed that it is finalizing key arrangements and putting in place essential infrastructure needed to support its operations.
Let me concentrate on the bigger picture for now as the ongoing developmental victory is well on course in Liberia in the spirit of connecting Africa through a regional approach of vision 2063. Today, Liberia, Guinea, Ivory Coast and Sierra Leone are being connected through bridges under the Mano River Union Road Development and Transport Facilitation Programme.
ArcelorMittal Liberia announced an investment of over $58,000 in the latest phase of its Biodiversity and Conservation Program. This initiative directly impacts nine communities and over 60 local stakeholders in the Yarmein belt, Nimba County.
Australian miner First Au Limited has signed a binding term sheet to acquire up to 100% interest in the Nimba Gold Project in Liberia, a region known for its gold potential. This strategic acquisition positions FAU in a promising yet underexplored area of West Africa, adjacent to established mining operations.
Russia has released a Greek-owned oil tanker which was detained in Russian waters on Sunday after leaving an Estonian port, and the vessel has resumed its journey towards the Dutch port of Rotterdam, Estonian public broadcaster ERR reported on Tuesday.
The Liberian dollar continues to lose weight against the United States dollar despite Central Bank of Liberia tight monetary policy measures to ease depreciation and rising inflation. CBL Tuesday said the exchange rate has remained stable at around L$199.6 per US$1 from March to May 2025. Compared with some ECOWAS regional peers,
The Liberia Revenue Authority (LRA) has announced the installation of a new smart revenue monitoring system developed by global technology firm N-Soft. The Operator Revenue Auditing System (ORAS) platform—installed on May 15 and ready to go live—aims to significantly enhance revenue collection across high-revenue sectors without imposing additional taxes on Liberians. The platform, which will be officially launched in the coming weeks, promises to enhance the accuracy and efficiency of tax collection across critical sectors, particularly in the mobile money, telecommunications and gaming sectors.
In a landmark development for African aviation, Liberia has officially joined Nigeria, Ghana, Sierra Leone, Guinea-Conakry, Cape Verde, and Gambia in the swift launch of the Single African Air Market (SAAM).
President Joseph Boakai has ordered the Central Bank of Liberia and the Liberia Revenue Authority to identify individuals who are secretly holding on to the country’s 20% share in a digital payments company and place it under government’s control.
 The Liberia Electricity Regulatory Commission (LERC) has announced the submission of a complete application for new electricity tariffs from the Liberia Electricity Corporation (LEC), paving the way for potential changes in consumer rates starting in August 2025.
