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Liberia: Regulator Halts Upward Movement In Electricity Tariff Until End January 2025

The Liberia Electricity Regulatory Commission (LERC) has issued several directives to the Liberia Electricity Corporation (LEC) setting 31st January 2025 as the deadline for the resubmission of a new Tariff Application proposal to the Commission.

Liberia Faces $300m to $1Billion US Aid Prospects

US authorities are reinforcing financial aid to Liberia as the country’s top development agency named the West African nation for a likely $500 million to $1 billion grant to spur economic programs and ease poverty.

ArcelorMittal Congratulates Liberia’s MCC Compact Win

ArcelorMittal Liberia, one of the nation’s most prominent private investors, joined in the celebrations, congratulating President Boakai and the Liberian people. The company reaffirmed its long-term commitment to Liberia, highlighting the alignment between MCC’s principles of economic growth and good governance and its own investment strategy.

Official: MCC Board Selects Liberia for New Mega Million Partnership

The Millennium Challenge Corporation’s (MCC) Board of Directors selected Liberia as newly eligible to develop a compact during its quarterly meeting on December 18....

Liberia: From Rural Struggles to Mining Engineer – A Trailblazing Scholar’s Accounts ArcelorMittal Role in Shaping Future

As ArcelorMittal Liberia gears up to roll out its massive Phase-II Expansion Project, which promises to help uplift Liberia’s economic landscape by creating jobs and driving the government’s ARREST Agenda, a remarkable success story emerges from the remotest corners.

Liberia: Economy Will Grow 5.6% In 2025, Central Bank Says As Rice and Rubber Production Climb

Liberia’s economy remains poised for growth, with estimate indicating a 4.8% expansion in 2024, a 0.2 percentage point improvement from the previous year. The country’s economic performance is underpinned by robust activities in the primary sector, notably agriculture and fisheries, driven by increased production of domestic rice, rubber, and cassava.

African Lender Approves $18.3 Million to Strengthen Revenue Mobilization and Governance In Liberia

The Board of Directors of the African Development Fund (ADF), the concessional lending arm of the African Development Bank Group, has approved an $18.3 million financing package to enhance Liberia’s capacity for revenue collection and governance reforms.

African Lender Approves $18.3 Million to Strengthen Revenue Mobilization and Governance In Liberia

The Board of Directors of the African Development Fund (ADF), the concessional lending arm of the African Development Bank Group, has approved an $18.3...

How Swedish $2.6 Million Aid Bolstered Domestic Resource Mobilization

The Liberia Revenue Authority (LRA) and the Swedish Tax Agency (STA) marked a significant milestone Wednesday, celebrating the successful completion of the Institutional Capacity Development Project (ICDP) for the LRA.

Bea Mountain’s $150,000 Micro Loan Impact ing Tajah Village Savings Club

Tajah Village Saving Club is one of the five loan and savings groups in Kinjor that has been benefiting from Bea Mountain Mining Corporation’s (BMMC's) Micro loan program for several years.

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