The World Bank announced the Central Bank of Liberia (CBL) as the newest Reserve Advisory & Management Partnership (RAMP) program member. CBL joins RAMP through a World Bank Group multi-donor trust fund to advance public asset management in lower-income, fragile, or conflict-affected states. Representatives from the Central Bank of Liberia and the World Bank signed a technical assistance agreement in Washington, DC, to formalize the partnership.
ENERGICITY Liberia, a solar mini-grid operating in Gbarpolu County has officially submitted a new tariff proposal to its customers and the Liberia Electricity Regulatory Commission (LERC). ENERGICITY Liberia made the submission during three sperate public hearings convened by the Commission from April 23-24, 2025, to discuss the proposed changes.
In a meaningful stride toward repositioning Liberia on the West African energy map, the National Oil Company of Liberia (NOCAL) has wrapped up a high-profile three-day strategic retreat in Buchanan, Grand Bassa County.
Liberia’s Ministry of Finance and Development Planning is reporting a drastic reduction World Bank’s energy aid, nearly three months after the presidency announced a billion-dollar agreement with the Washington based lender.
Liberia’s Ministry of Mines and Energy has imposed an $80,000 fine and a temporary shutdown on Chinese firm Yi Cheng Mining for breaches of the mining law, including environmental damage and tax evasion.
As a show of commitment to community development and sustainable livelihoods, ArcelorMittal Liberia (AML) has delivered a vital boost to local farmers in Liagbala Town, Yarmein District, through the donation of essential agricultural production tools.
Tax practitioners and legal experts convened on Wednesday, April 16, 2025, at the Liberia Chamber of Commerce to kick off a two-day validation workshop of a draft Act seeking to amend the Public Authorities Law to create the Liberian Institute of Tax Practitioners (LITP).
Darius Wonyen, Mining and Mineral Processing Engineer at ArcelorMittal Liberia (AML), stood proudly among some of the world’s leading experts at the Comminution '25 Conference, held from March 31 to April 3 in Cape Town. It was more than just a professional milestone—it was a defining moment for Darius, for AML, and for Liberia’s growing voice in global mining innovation.Â
Central Bank of Liberia raises its benchmark interest rate by 25 basis points to 17.25%,in response to escalating inflationary pressures.
This adjustment aims to combat surging inflation, which has climbed significantly to an estimated average of 12.8% in the first quarter of 2025, up from 8.7% in the previous quarter.
