AGP Executive Report
Last update: 6 hours agoWorld Bank Financing: The World Bank approved a US$55.8M package to back Liberia’s resilient and inclusive growth reforms, including public financial management, private sector development, social protection, and steps to improve the Liberia Electricity Corporation and renewable energy investment. Energy & Infrastructure: Liberia also signed three World Bank deals totaling US$125M for energy upgrades (RESPITE), digital connectivity (WARDIP 2), and road corridor asset management (SECRAMP), with Mount Coffee solar expansion and storage highlighted. Maritime Trade: The National Port Authority berthed the CMA CGM Springs, Liberia’s largest vessel to date, and says port operations now run 24 hours while launching new transparency and efficiency media initiatives. Mining & Skills: ArcelorMittal Liberia says expansion work is progressing in Yekepa and Buchanan, including new port facilities and a concentrator plant, alongside community projects and a vocational training push. Agribusiness: The Ministry of Agriculture signed a 20-year US$60M partnership with JR Farms Group to revitalize Liberia’s coffee sector, targeting large-scale planting and major job creation. Telecom Governance: A telecom regulatory controversy is growing after LTA approval of a Numtel/Numbase joint venture despite a legislatively ratified TIA concession agreement. Petroleum Rules: NOCAL and partners agreed to apply to the LPRA for reconnaissance licenses, ending a dispute over who authorizes offshore survey activities. Local Industry Training: River Gee Technical College graduated its first 203 students, while 4Life Zoe expands vocational training to Ganta, including heavy-duty equipment operations. Anti-Illicit Trade: EU-supported enforcement seized 735kg of pangolin scales in Liberia, with arrests and investigations into wider trafficking networks.
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