Liberian Observer - Liberia's First Independent Daily https://www.liberianobserver.com/ Liberia's First Independent Daily en Sun, 28 Apr 2024 00:36:30 +0000 Wed, 10 Apr 2024 07:23:55 +0000 Liberia: Natural Rubber Hits the Road to Local Value Addition https://www.liberianobserver.com/liberia-natural-rubber-hits-road-local-value-addition — Jeety Rubber Factory holds grand tour of cutting edge rubber processing plant In the heart of the remote and economically isolated community of Weala, Margibi County, a ray of hope emerges in the form of the Jeety Rubber Factory. The massive investment is ensuring the processing of natural… liberianobserver@gmail.com (Staff Editor) c5451e41-2527-492b-bfec-656f72999d72 Wed, 10 Apr 2024 07:23:55 +0000 Liberian Observer - Liberia's First Independent Daily Afreximbank to Help Enhance Liberia’s Development https://www.liberianobserver.com/afreximbank-help-enhance-liberias-development — Bank’s Regional Chief Operating Officer, Anglophone West Africa promises huge investment here Eric Monchu Intong Regional Chief Operating Officer, Anglophone West Africa, Afreximbank, has said that the bank is here to ensure collaborative efforts with public and private institutions to… harmonwilliam89@gmail.com (William Q. Harmon) dd2e488a-5019-405e-a8fd-6a33a3e61909 Wed, 20 Mar 2024 08:44:31 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: Cemenco CEO Commits to Liberia’s Development https://www.liberianobserver.com/liberia-cemenco-ceo-commits-liberias-development — Meet President Boakai Mr. Hakan Gurdal, the CEO of Cemenco Africa, East Mediterranean, Russia, Kazakhstan (AMWA), has expressed his company’s commitment to Liberia’s economic and infrastructural development programs. Gurdal on Monday, February 26, led a delegation of executives from… 5e62347f-46fe-4ab8-8ba4-f54574119f32 Wed, 28 Feb 2024 07:08:43 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: Freeport of Monrovia Embraces Modernized Trade with Arrival of Gearless Vessels https://www.liberianobserver.com/liberia-freeport-monrovia-embraces-modernized-trade-arrival-gearless-vessels The Freeport of Monrovia has witnessed a transformative period with the recent visit of several gearless vessels, marking a significant step towards modernizing trade and shipping in Liberia. APM Terminals Liberia, the operator of the Port, has successfully welcomed these vessels,… ba75ce85-9c12-492d-a12e-01827697ea0f Tue, 27 Feb 2024 06:51:57 +0000 Liberian Observer - Liberia's First Independent Daily HPX, Liberia and Guma Africa to Invest in New Multi-User Railroad, Deep Water Port https://www.liberianobserver.com/hpx-liberia-and-guma-africa-invest-new-multi-user-railroad-deep-water-port  — President Boakai assures new development partner transparent deal; President and CEO says Over 2 Million people to benefit The President and Chief Executive Officer (CEO) of US Company High Power Exploration Inc. (HPX), Bronwyn Barnes, has announced the signing of a letter of intent with… 518d4381-d5a4-4eee-8ca4-ce6c5184cd75 Thu, 15 Feb 2024 04:39:16 +0000 Liberian Observer - Liberia's First Independent Daily MRU Supports Liberty Corridor Project by HPX, Liberia, and Guma Africa Group https://www.liberianobserver.com/mru-supports-liberty-corridor-project-hpx-liberia-and-guma-africa-group The Mano River Union Secretariat (MRU), representing the collective interests and development aspirations of its member states, expressed its full support for the recent announcement made by High Power Exploration Inc (HPX) regarding a pioneering agreement letter of Intent with the… dyates460@gmail.com (David A. Yates) a7a88222-2337-4d3f-81ed-724beb7d45ca Thu, 15 Feb 2024 04:26:55 +0000 Liberian Observer - Liberia's First Independent Daily World Bank Announces New Country Director for Ghana, Liberia, and Sierra Leone https://www.liberianobserver.com/world-bank-announces-new-country-director-ghana-liberia-and-sierra-leone The World Bank has appointed Robert Taliercio O’Brien as Country Director for Ghana, Liberia, and Sierra Leone in the Western and Central Africa Region. His appointment takes effect from January 2, 2024, and he will be based in the World Bank’s Accra Office. Taliercio, an American… 0fee60bb-9d90-4cf9-b34e-81ae0ae57efb Thu, 21 Dec 2023 09:13:30 +0000 Liberian Observer - Liberia's First Independent Daily World Bank Lifts Liberia’s Suspension https://www.liberianobserver.com/world-bank-lifts-liberias-suspension — After the country settled all of its overdue payments The World Bank has lifted the suspension imposed on Liberia after the country settled all outstanding debt payments. The lifting of the ban marks a significant development for Liberia's economic growth and development.  The… dyates460@gmail.com (David A. Yates) ef18d2dd-ea98-454d-9323-85bdb1e1a7c6 Fri, 01 Dec 2023 06:52:49 +0000 Liberian Observer - Liberia's First Independent Daily World Bank Suspends Liberia’s Access to Loans https://www.liberianobserver.com/world-bank-suspends-liberias-access-loans ….  “We sincerely hope that all such payments will be cleared soon to allow the resumption of withdrawals for the execution of the important operations the Bank has been supporting,” Diagana’s letter to the Minister of Finance, dated November 15, noted. The World Bank has suspended Liberia… dyates460@gmail.com (David A. Yates) c5f710ab-81cc-4c2f-a41a-f7dfac522008 Wed, 22 Nov 2023 06:43:44 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: US Foreign Relations Committee shows Special Interest in Multi-user Access of Liberia’s Railways for All Investors https://www.liberianobserver.com/liberia-us-foreign-relations-committee-shows-special-interest-multi-user-access-liberias-railways Investment in Liberia, particularly in the mining sector, has been encountering a sensitive blockade that has become a nightmare for all companies thinking about investing in Liberia. The use of the railway by other companies to export iron ore out of the country through the port of… liberianobserver@gmail.com (Staff Editor) f2fba4be-572d-4237-8ec7-a90a0ae6c4a9 Mon, 30 Oct 2023 09:16:18 +0000 Liberian Observer - Liberia's First Independent Daily Old Liberian Dollar to Phase Out by 2024 https://www.liberianobserver.com/old-liberian-dollar-phase-out-2024 — As the Central Bank of Liberia announces the termination of Legal Tender Status The Central Bank of Liberia has announced that banknotes printed before 2021 will cease to exist as legal tender as of March 31, 2024.  While the bank did not specify the value that would be affected,… dyates460@gmail.com (David A. Yates) 8b28ae18-bbb9-4ce8-94cd-b4dda056b0f5 Wed, 04 Oct 2023 04:29:57 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: APM Terminals Presents US$15M Mobile Harbor Cranes to Port Stakeholders https://www.liberianobserver.com/liberia-apm-terminals-presents-us15m-mobile-harbor-cranes-port-stakeholders … to propel trade The Freeport of Monrovia, the gateway and the heartbeat to the economy, has seen increased activity over the last few weeks. On Friday, September 29, APM Terminals Liberia, operators of the Freeport of Monrovia, presented to stakeholders their latest investment, a US$15… f39dd7f8-62e6-4eb8-b8df-fb91c8f2773b Mon, 02 Oct 2023 06:58:05 +0000 Liberian Observer - Liberia's First Independent Daily APM Terminals Lands 2 New Mobile Harbor Cranes https://www.liberianobserver.com/apm-terminals-lands-2-new-mobile-harbor-cranes APM Terminals, the operators of the Free Port of Monrovia, have landed two large harbor cranes that enable the safe and efficient handling of shipping containers at the port.  The coming of the equipment is such a welcome development that photos of them quickly popped up on port… liberianobserver@gmail.com (Staff Editor) 6f4420f7-01e4-4493-8f50-c9244b9a5215 Sun, 17 Sep 2023 19:19:17 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: World Bank Country Policy Assessment Report for Africa Shows Improvement, But… https://www.liberianobserver.com/liberia-world-bank-country-policy-assessment-report-africa-shows-improvement ... “The frequency, comprehensiveness, and rigor of the CPIA review can help drive country engagements and underpin an evidence-based dialogue around countries’ reform agenda,” said Andrew Dabalen, World Bank Chief Economist for Africa. Despite new international challenges, poor harvests… 4010e89e-ec17-48e2-99eb-fd96967484eb Fri, 15 Sep 2023 15:05:05 +0000 Liberian Observer - Liberia's First Independent Daily Brussels Airlines, Liberia Airport Authority Strengthen Partnership https://www.liberianobserver.com/brussels-airlines-liberia-airport-authority-strengthen-partnership — Both parties signed a Memorandum of Understanding Brussels Airlines and the Liberia Airport Authority (LAA) have signed a Memorandum of Understanding to strengthen the partnership between the two parties.  The agreement, signed by all parties at the end of August 2023, marks the… bb9a404e-7209-4555-9687-4dabd191d79f Wed, 13 Sep 2023 08:21:00 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: World Bank to Support Digitizing Liberia’s Economy https://www.liberianobserver.com/liberia-world-bank-support-digitizing-liberias-economy The World Bank has officially announced its commitment to support Liberia’s digitalization efforts, which would foster significant economic growth and development. The Bank position, which was made known by Georgia Wallen, the Liberia Country Manager, aims to harness the power of… swiakanty902@gmail.com (Simeon Wiakanty) 75fbd1b0-51d2-418c-a290-7ba1e152c851 Wed, 13 Sep 2023 08:08:05 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: House Grants Gboni Enterprises Tax Waiver, But https://www.liberianobserver.com/liberia-house-grants-gboni-enterprises-tax-waiver .... Denies Liberian American Poultry The House of Representatives has given Gboni Enterprises Incorporated, a petroleum company, a tax waiver following  the ratification of an investment incentive agreement between the company and the government. The lawmakers, however, refused to… lmsonpon@gmail.com (Leroy M. Sonpon 4fff4655-caf8-420a-b0a1-c50c2e99f363 Fri, 08 Sep 2023 10:40:32 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: House Convenes at Night to Approve Bea Mountain Concession https://www.liberianobserver.com/liberia-house-convenes-night-approve-bea-mountain-concession .... The agreement, signed between the government and Bea Mountain Mining Corporation, is expected to grant the mining company exclusive mineral exploitation rights and significant tax incentives for the coming quarter-century for an investment of US$520 million in mining operations by June 2024… lmsonpon@gmail.com (Leroy M. Sonpon ea7ae85a-44fc-41e0-9f2a-caa02921e3f3 Thu, 07 Sep 2023 04:53:42 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: Liberia Nearing Domestication of Continental Free Trade Agreement https://www.liberianobserver.com/liberia-liberia-nearing-domestication-continental-free-trade-agreement   liberianobserver@gmail.com (Staff Editor) e09f0584-c965-4447-aa4f-334bfc0c717a Fri, 21 Jul 2023 07:50:29 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: Liberia Consumes More Rice than Nigeria, Ghana https://www.liberianobserver.com/liberia-liberia-consumes-more-rice-nigeria-ghana   dyates460@gmail.com (David A. Yates) 18a1500b-2289-4ac3-8ba8-c5440b494e0c Wed, 19 Jul 2023 08:13:33 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: Liberia Consumes More Rice than Nigeria, Ghana https://www.liberianobserver.com/liberia-liberia-consumes-more-rice-nigeria-ghana   18a1500b-2289-4ac3-8ba8-c5440b494e0c Wed, 19 Jul 2023 08:13:33 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: LRA Partners with Ecobank to Simplify Tax Payment https://www.liberianobserver.com/liberia-lra-partners-ecobank-simplify-tax-payment   178dcbed-92b6-4219-93a6-d82e7496a967 Fri, 07 Jul 2023 06:39:48 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: 2023 Budget Short by US$23M, Pres. Weah Says https://www.liberianobserver.com/liberia-2023-budget-short-us23m-pres-weah-says ….. “To ensure that year-end spending is in line with available resources, adjustments in spending entities' program allocation balances have been made such that the risk is absorbed by all and sundry,” Pres. Weah said. In a significant blow to Liberia's economy,  President George Weah… lmsonpon@gmail.com (Leroy M. Sonpon 31c4c008-d93d-4c95-be2a-587fb1ced553 Wed, 05 Jul 2023 02:46:19 +0000 Liberian Observer - Liberia's First Independent Daily International Finance Corporation Accused of ‘Enabling Human Rights Violations’ https://www.liberianobserver.com/international-finance-corporation-accused-enabling-human-rights-violations   dyates460@gmail.com (David A. Yates) 463ab019-1389-4ff9-a001-e27ef3a823f6 Tue, 04 Jul 2023 05:25:49 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: France Gives Liberia US$9.5M for Economic Empowerment https://www.liberianobserver.com/liberia-france-gives-liberia-us95m-economic-empowerment   dyates460@gmail.com (David A. Yates) 61f76f14-76b5-495d-a013-c6b6172dabe6 Thu, 15 Jun 2023 10:15:46 +0000 Liberian Observer - Liberia's First Independent Daily World Bank Says Global Economy on Precarious Footing https://www.liberianobserver.com/world-bank-says-global-economy-precarious-footing  --- Global growth to slow to 2.1% in 2023, with prospects clouded by financial risks Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates, according to the World Bank’s… a79f6ee3-0abc-46af-b7ae-efdafa1ef9a6 Wed, 07 Jun 2023 22:48:23 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: Liberia to Contribute US$1 million to African Development Fund https://www.liberianobserver.com/liberia-liberia-contribute-us1-million-african-development-fund   liberianobserver@gmail.com (Staff Editor) 53001f50-9fd6-45a1-a094-8142efbe62fb Wed, 31 May 2023 06:47:21 +0000 Liberian Observer - Liberia's First Independent Daily Liberia: Central Bank of Liberia Raises Monetary Policy Rate https://www.liberianobserver.com/liberia-central-bank-liberia-raises-monetary-policy-rate   liberianobserver@gmail.com (Staff Editor) 47e0a0c6-5572-4b0b-b501-f39a242855aa Wed, 31 May 2023 06:41:59 +0000 Liberian Observer - Liberia's First Independent Daily World IP Day: World Celebrating the ‘Can Do’ Attitude of Women Inventors, Creators and Entrepreneurs https://www.liberianobserver.com/world-ip-day-world-celebrating-can-do-attitude-women-inventors-creators-and-entrepreneurs ... What you need to know: Globally, only 16.2 percent of inventors named in the Patent Cooperation Treaty (PCT) in 2022 were women..... Most IP offices in the world are developing active research and policy agendas to strengthen women’s contribution to patenting..... ARIPO is committed to… 70eae23d-d061-4c4e-ab8d-b99ecb1fdc22 Thu, 27 Apr 2023 14:59:51 +0000 Liberian Observer - Liberia's First Independent Daily African Finance Ministers Demand Action on Global Financial Architecture Reform https://www.liberianobserver.com/african-finance-ministers-demand-action-global-financial-architecture-reform  ....“We have discussed Africa’s most pressing economic priorities on several occasions over the past months, and now is the time to put a plan of action in place for real and sustainable change that better serves Africa’s people,” said  Nadia Fettah Alaoui, Minister of Finance of… 4f15a097-896c-411b-8ac1-7e818a1efabc Sat, 22 Apr 2023 13:44:52 +0000 Liberian Observer - Liberia's First Independent Daily