Liberia: Latest News
Makula Dunbar, 5:33 pm
The International Finance Corporation (IFC), the largest global development institution, said on Tuesday it had invested more than $63m in a housing solutions fund for the support and development of affordable housing in South Africa and sub-Saharan Africa. The International Housing Solutions (IHS) Fund II aims to address the need for housing across the continent and the lack of affordable housing.
Makula Dunbar, 3:34 pm
Jindal Steel & Power is planning to set up a coal fired power plant in the West African country of Liberia. The project will consist of two units of 175 MW each at an investment of $200 -$250 million, Naveen Jindal chairpman JSPL group said.
Dana Sanchez, 4:20 pm
Forty-seven sub-Saharan African countries have agreed on frequency coordination for digital switchover in 2015. Africa will be the first region globally to be in a position – by 2015 – to allocate so-called digital dividend spectrum to mobile services in both the 700MHz and 800MHz bands.
Makula Dunbar, 2:57 pm
Seven hundred officers and soldiers of the Nigerian Army have been deployed on a peacekeeping mission to Liberia as part of the country’s contribution to the United Nations peace mission in Liberia.
Makula Dunbar, 5:35 pm
Wednesday August 28, U.S. senator Chris Coons (D-Del.) and Deborah Malac, U.S. Ambassador to Liberia, visited a host of farmers in Liberia who are a part of The United States Agency for International Development (USAID) Food and Enterprise Development Program.
Dana Sanchez, 1:44 pm
Oil drilling expenditure is expected to grow for all major producers in the region, with West Africa leading. Countries relatively new to the offshore drilling industry, such as Sierra Leone and Liberia, may prove to be future competition for the more established West African producers.
Makula Dunbar, 11:12 am
Liberia President Ellen Johnson Sirleaf celebrated a decade of peace on Sunday by attending a prayer service held at the scene of one of the worst massacres recorded during the country’s 14-year civil war.
Makula Dunbar, 5:14 pm
Liberia’s domestic revenue generation has increased by 17 percent as a result of an effective implementation of the Revenue Enhancement project that was recently initiated by the Ministry of Finance. Accordingly, the Ministry says it has collected $77m more than in the previous 2012/13 fiscal budget. The Ministry of Finance says its revenue enhancement project is a legitimate operation that is currently closing loopholes in the system.
Makula Dunbar, 11:58 am
Liberians are expected to receive a major boost in the supply of electricity to Monrovia and its environs following a recent signing of bilateral agreement between the Governments of Liberia and Japan.
Makula Dunbar, 5:58 pm
The National Oil Company of Liberia (NOCAL) has reminded the Liberian people that Liberia is not generating oil revenue as the country is yet to discover oil in commercial quantity.
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