Augustine Kpehe Ngafuan, the Minister of Finance and Development Planning-designate, has outlined a comprehensive plan to accelerate economic activities and improve revenue generation, with a particular focus on the mining sector.
Liberia's ambitious plan to accelerate digital literacy and improve internet connectivity among its youth has been derailed by a scam of epic proportions. At the center of this scandal is Abdullah Kamara, the currently Acting Chairman of the Board of Commissioners of the Liberia Telecommunication Authority (LTA).
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.