Liberia: Latest News

  • Remittances Still Essential, 31% of Liberia’s GDP

    debt distress By Makula Dunbar, 5:39 pm

    The money that Liberian refugees and immigrants send back to family and friends in Liberia is a critical part of life in the West African nation as it enters its 10th year of peace following nearly 14 years of civil war.

  • World Bank Report: Shared Prosperity Africa’s Agricultural Goal

    By Makula Dunbar, 4:08 pm

    Sub-Saharan Africa is home to nearly half of the worlds usable, uncultivated land but so far the continent has not been able to develop these unused tracts, estimated at more than 202 million hectares, to dramatically reduce poverty and boost growth, jobs, and shared prosperity.

  • Malawi: Not Yet Time For Joyce Banda To Rejoice

    By FSoyombo, 12:01 pm

    Malawian Journalist Dan Nyirenda says, “It has been a happier place since Joyce Banda took over as president. We can assemble without the police interfering and we can criticize the government again.”

  • 3M Restructuring Africa Operations, Looking To Mining, Oil And Gas

    By Dana Sanchez, 2:59 pm

    U.S.-based 3M, maker of myriad consumer products, sees mining, oil and gas as potential industries for future growth in Africa, along with energy and healthcare, according to a report in NewBusinessEthiopia. Already established in Africa for 40-plus years, the company hopes to improve coverage on the continent and accelerate future growth by restructuring its business on the continent […]

  • Developing A Sustainable ‘Blue Economy’ For Africa

    By Dana Sanchez, 12:06 pm

    Proponents of a sustainable and integrated maritime domain in the waters around Africa say it will be easier to achieve than a United States of Africa, according a report in IndependentOnline. Such a domain would include an exclusive economic zone, key to developing a sustainable “blue economy” for the continent, the report said. Today, each […]

  • Report: Tents Are Big Business In Africa

    By Dana Sanchez, 5:46 pm

    African mining operations, African safaris and African refugee camps all use tents for temporary housing, and sometimes, the need is desperate. Competition in African tent manufacturing for safaris and events has grown in the last decade with party tents taking the lead, according to a report in All Africa. In East Africa, demand for tents […]

  • Open Data Platform Increases Investor Access To Africa Info

    By Dana Sanchez, 3:53 pm

    African Development Bank’s single-platform collection, analysis and sharing of information on Africa now gives global business leaders and investors access to data on all 54 countries in the continent, according to a report at VenturesAfrica. Users will be able to extract data, create and share customized reports, and visualize data across themes, sectors and countries through tables, charts, and […]

  • New Report: Africa Is World’s Fastest-Growing Economy

    By Dana Sanchez, 3:16 pm

    A third of African countries have economies growing by more than 6 percent and almost half of them – 26 out of 54 – are now considered middle income countries, according to a new report by African Development Bank. This growth was driven by the private sector. Looking ahead, growth will rely on regional economic co-operation […]

  • Financial Experts Question Central Bank of Liberia Loan, Operational Regulations

    By Makula Dunbar, 12:00 pm

    A $22.5 million loan and the Central Bank of Liberia’s (CBL) operational guidelines is the cause of the state Senate’s most pressing concern. The Senate Standing Committee on Banking and Currency, Judiciary, Claims and Petition recently called on financial experts to discuss public and private sector central banking ties as they relate to Liberia’s organic law, The Inquirer reported.

  • Nigeria Invests $2.5B For African Power; Sector Needs $300B

    By Dana Sanchez, 2:44 pm

    Sub-Saharan African will need more than $300 billion to achieve universal access to power by 2030, according to a report by the International Energy Agency.

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