Chainsaw-milled timber is emerging as a damaging new form of illegal logging in Liberia. Chainsaw milling is legally permitted only for small-scale production of boards for the country’s domestic market, but larger operators may be using it as a means to evade regulations governing the sourcing and tracing of wood, and to avoid paying royalties to communities.
In support of the Liberian Administration's ambitions to deepen engagement with the Liberian diaspora, the World Bank Group (WBG) together with the European Union recently hosted a Liberia Diaspora Investment Dialogue on the margins of the World Bank and IMF Spring Meetings in Washington DC, USA.
It is almost impossible to overestimate the significance of low gasoline prices, especially in developing nations like many African countries. Low gasoline prices have an impact on many facets of a country's economy. They ensure that an economy can run efficiently while empowering businesses and consumers and influencing the market.
In a joint sectoral portfolio review held by the Government of Liberia (GoL), World Bank Liberia Country Manager Georgia Wallen emphasized the urgency to...
Initial communities to benefit from the solar electrification are Bopolu City, Totoquolle, Henry Town, Farwanta, Gbana, Zuo, Yagaryah, Takpoima, Smith Camp and Wesua.
The salaries of 17 government account holders have been withheld by the Comptroller and Accountant General due to their failure to submit their financial...
Liberian President Joseph Boakai has taken steps including removal of a controversial tax on petroleum products to improve the cost of living in the West African nation, days after the world Bank said over 3 million people were sitting in poverty.
Liberia's maritime commissioner and chief executive officer Neto Zarzar Lighe has disclosed plans aimed at strengthening bilateral cooperation in the maritime industry with China.
The historical landscape of gold investment has been marked by its status as a highly valuable and sought-after precious metal. China has emerged as the world’s largest producer of gold, accounting for about 10% of global supply in 2022.
Disruption to internet services for millions of users in Africa could take weeks or even months to fix, following damage to undersea cables off the continent’s west coast.
