Liberia: Latest News
Dana Sanchez, 3:41 pm
Energy represents more than 15 percent of the total cost of mining production — reason enough to reduce energy use. But mining companies tend not to pay attention to cost during boom times. The collapse of the emerging market commodities boom has miners scrambling to reinvent themselves. With ample wind and solar at their disposal, 80 percent of new African mines are expected to be partly clean energy-dependent by 2026. In Africa, the future power demand from mining will come overwhelmingly from Southern Africa, says World Bank.
Lillian Mutiso, 4:47 am AFKI Original
Africa is known for its vast potential of mineral resources. It is a great investment destination for foreign business organization from across the world. Investors’ desire to do business on the continent depends largely on the ease of company registration with regard to meeting legal and regulatory demands. According to the World Bank’s Ease of Doing Business Index, a transparent and smooth registration process woos investors to any nation.
Staff, 12:11 am
The African Union is set to launch a common electronic passport that would grant visa-free travel to all of its 54 member states. Statelessness is a particular concern. Millions of Africans lack official documentation of nationality, though its hard to estimate how many are stateless. In some countries, access to citizenship is difficult because of rules limiting rights for children of foreigners, racial, ethnic and gender discrimination and lack of accommodation for a nomadic lifestyle.
Dana Sanchez, 12:20 pm
Michelle Obama has joined the popular messaging app Snapchat to promote her upcoming trip to Liberia, Morocco and Spain, where she plans to talk about the educational obstacles facing women. Joining her are Sasha and Malia Obama; their grandmther Marian Robinson; actor and U.S. gender equality activist Meryl Streep; and Indian star Freida Pinto of “Slumdog Millionaire.” Michelle already has 5 million Instagram and 4.6 million Twitter followers.
Kurt Davis Jr., 12:36 am AFKI Original
Overexploitation is the story of a new crisis in Africa — the quick depletion of Africa’s coastal fisheries. At its heart is illegal, unreported and unregulated fishing. This is the case with up to a half of West Africa’s fish catch. A regional registry of fishing vessels should be established. The Port State Measures Agreement’s basic principal is simple: If ports where fish are landed are the checkpoints for the fishing industry, then it more difficult to find a port-side buyer for illegally caught fish.
Kate Thomas, 7:00 pm
Back in the 1960s and 1970s, Monrovia was practically dripping with luxury hangout spots, like the now-defunct Ducor Hotel. Then the 14-year civil war swept through, and many businesses shuttered their doors. But after the conflict and the recently ended Ebola outbreak, luxury is back — and it’s supremely affordable, by European or North American standards. Here are five places in Monrovia to eat, sleep, and drink that might just convince the comfort-minded traveler to take the plunge and head to Liberia.
Dana Sanchez, 12:09 pm
The entrepreneurs running African firms tend to have longer planning horizons than foreign owned companies for kick-starting industries that don’t rely on extractives. This is pivotal to economic diversification in Africa. Often indigenous, they’re physically and psychologically vested in their operating environments. They have risk mitigation strategies which often elude their foreign counterparts.
Kate Thomas, 6:00 pm
West Africa’s Ebola outbreak didn’t just steal lives; it also decimated economies and forced tourism to a halt. But now, as the region celebrates an end to active transmission of Ebola, visitors are coming back. Curfews have been lifted, sports events are scheduled and beaches await. From beautiful white sands to music and mountains, here are ten reasons to visit Liberia and Sierra Leone.
Lillian Mutiso, 5:07 am AFKI Original
Most nations in Sub Saharan Africa have poor legislation on taxation which is not well-detailed and interpretation on taxation guidelines are in most cases ambiguous. But there a few countries that have managed to position themselves as tax havens for foreigners. Apart from Mauritius and Seychelles, there are a few other country that have achieved the tax haven status but are not has prominent as these two. Below are countries in Africa that you probably didn’t consider tax-havens:
Dana Sanchez, 1:24 pm
Until the virus was sequenced by scientists in Senegal, it was uncertain if the outbreak in Cape Verde was caused by the African or Asian strain of Zika virus. The Asian type has hit Brazil and other Latin American countries. Tests show that Cape Verde is affected by the Asian type — the same one blamed for birth abnormalities in Brazil. The Zika virus has been circulating at a low level in African countries for more than 50 years, so some of the population may already be immune.
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