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Liberia: Bea Mountain Probes Industrial Accident

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. 

Liberia: Fuel Price Dropped

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.

Liberia, Ghana in Talks to Implement Free Roaming to Reduce Call Cost

The Liberian and Ghanaian telecommunications regulatory bodies have started discussions about free roaming between the two countries. 

Liberian President Boakai Calls for “Shared Growth, Sustainability, and Solidarity” at Historic Korea-Africa Summit

Liberian President Joseph Boakai pushed for "shared growth, sustainability, and solidarity" between Africa and South Korea to create a better future for their people.

Liberia: UK Tycoons Eye Investment in Road, Seaport & Energy

The visiting Uni Commerce Group International (UCGI), investment delegation has told officials of the Government of Liberia, it has interest in investing in agriculture, roads construction, sea port rehabilitation,  energy expansion and cross border transportation.

Liberia: Boakai Moves to Dismantle Rice Cartel

President Joseph Boakai Wednesday named a veteran diplomat to head a presidential taskforce that would open the rice market, put homegrown traders into the import business and eventual break the cartel controlling the industry while reintroducing a more than four decade a pool fund that could provide loan or stimulus to local farmers. 

Liberia: Boakai Blocks ‘Yellow Machine Gift’ Targeting Billion$ in Mining Contracts

President Joseph Boakai declines multimillion-dollar token, which aides facilitated to apparently lure authorities to surrendering the country’s remaining mining assets to Chinese and South African mineral barons.

Swiss Miner Solway Demands $50 Million Settlement From Liberia Over Iron Ore Dispute

Swiss mining giant, Solway Investment Group is seeking a $50 million settlement from the Liberian government to resolve an ongoing international arbitration dispute over the sale of its assets in the West African country.

Central Bank of Liberia Defends $730,000 Independence Day Spending

The Central Bank of Liberia (CBL) has clarified a recent media report regarding financial disbursements made during the July 26, 2019 Independence Day celebrations in the country.

Investors Flock to Liberia Seeking Diverse Opportunities

In a bid to capitalize on Liberia's resource-rich economy and the government's efforts to revitalize the country's infrastructure and agricultural sectors, a group of international investors led by Mr. Benyoucef Faiz Hamacha of the Uni Commerce Group International (UCGI) are expected arrived in the country today.

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