Liberia: Latest News
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 sub-Saharan African countries have poorly detailed tax legislation and interpretation of their tax guidelines is sometimes ambiguous. But a few countries have managed to position themselves as tax havens for foreigners. Mauritius and Seychelles are among the most prominent. Foreign individuals or businesses are taxed at low rates. Some tax havens help people to legally hide money with little or no government oversight from their home countries. If there are records of transactions, these may not be available to other governments or tax agencies. Here are some other African countries that have achieved tax-haven status but are somewhat under the radar.
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.
African governments have tried to limit and stop its use, but marijuana remains deeply ingrained in African traditions, economies and recreation. It is an important source of income, but is illegal everywhere in Africa. Tolerance and enforcement vary from country to country. There’s a growing belief that with the proper regulations, marijuana should be legalized for the greater good. AFKInsider compiled a list of African countries and ranked them for marijuana tolerance. We’ve also provided a list of most marijuana-friendly countries in the world as a basis for comparison.
Staff, 5:56 pm
There is widespread social resistance under way in Africa. Grassroots protesters are questioning the logic of export-led “growth” and fiscal austerity. They are demanding that their basic needs be met instead. After the dramatic Arab Spring, protesters picked up the pace in many sub-Saharan countries. Even if it is ignored in Kigali, or repressed on the ground, the popular risings against the WEF’s dubious “Africa Rising” rhetoric await…
Dana Sanchez, 12:08 pm AFKI Original
Gathering robust, near-real-time data from Africa has been slow and expensive in a continent notoriously lacking access to quality data. A U.S.-based market researcher has a new product that it says will make it easier and cheaper for anyone to create and send mobile surveys in Africa. The self-service survey product can jump through hoops, according to its creator. GeoPoll CEO Steve Gutterman talked to AFKInsider about what the product can do for companies that need data from Africa fast.
Dana Sanchez, 1:18 pm
The deal will help Senegal and the U.S. “face common security challenges in the region,” Senegal said. Al Qaeda has Senegal in its sights due to its close ties with France, which has 3,500 soldiers fighting with regional armies against Islamist militants in West Africa. The agreement upgrades an existing 2001 agreement providing U.S. forces access to certain facilities in Senegal and enabling U.S. forces to make improvements while there.
Dana Sanchez, 2:22 pm
Liberia does not conform to the definition of a tax haven and is not considered one by France and the U.S., the Liberian government said in response to a report last week that the West African country is about to be blacklisted on an E.U. tax haven blacklist. While the E.U. collects information on how its member states view other jurisdictions, it has not engaged in any action against tax havens. In response to the Panama Papers data leak, that may change. Three out of four companies doing business with World Bank funds in sub-Sahara used tax havens, according to anti-poverty group Oxfam.
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