Sierra Leone’s government has signed a US$50 million agreement with China National Technical Import & Export Corporation to help fund a SMART Sierra Leone Project.
China Union’s operation on its Bong Mines iron ore field in Liberia remains closed after regulators sanctioned the company for violating several environmental regulations.
Liberia’s monetary authorities have taken steps to stimulate the domestic economy and maintain financial stability following a three month period of declined growth.
The Liberia Telecommunications Authority (LTA) and Central Bank of Liberia (CBL) have formalised a partnership to support smaller businesses in the mobile money market by making it easier for them to connect with mobile network operators (MNOs) so they have fair access to the market.
Indonesia recently asked Liberia to support its fight against the smear campaign targeted at palm oil as Jakarta remains alarmed at Europe’s policy against its top commodity.
Orange Liberia, in collaboration with its strategic partner ZTE Corporation, a global leading provider of integrated information and communication technology solutions, has announced the successful completion of a project to build new communication sites, called RuralPilot EcoSites, across the country, significantly enhancing network coverage in rural areas.
The Central Bank of Liberia (CBL) has clarified media reports regarding a $20 million cash importation consigned to the Bank of Ghana (BoG) and destined for Liberia, stating that it is a legitimate transaction.
Liberia and the International Monetary Fund have agreed on a $209 million aid package spread over three years to help the West African country deal with prevailing economic challenges.
The Central Bank of Liberia (CBL) has announced an ongoing engagement with 209 of its contractors and consultants whose employment contracts are set to end following the near successful completion of the Currency Reform project mandated by the 54th National Legislature in May 2021.
