Africa’s debt grew from an average of 30 percent as a ratio of gross domestic product (GDP) in 2010, to over 60 percent currently, while most developed countries have a debt-to-GDP ratio of less than 40 percent.
Liberia aims to build on new industry interest in its promising offshore waters by signing a deal with longstanding partner TGS to reprocess a significant amount of multi-client 2D and 3D seismic data.
Liberia's government has launched a major expansion of its pioneering cash transfer initiative, aiming to provide crucial income support to thousands of vulnerable households across the country.
The Management of Bea Mountain Mining Corporation (“BMMC”) acknowledges, and expresses deep regret in relation to a workplace accident which occurred at its New Liberty Mine, on Saturday, 8 June 2024.
The Ministry of Commerce and the Liberia Petroleum Refining Company (LPRC) Thursday prices of gasoline (PMS) have decreased by ten United States cents (US$0.10) while the price of fuel oil (AGO) has reduced by twenty United States Cents (US$0.20) respectively.
Liberian President Joseph Boakai pushed for "shared growth, sustainability, and solidarity" between Africa and South Korea to create a better future for their people.