Liberia seeks African investment with business reforms
The nation hosts the Prosperity Africa Conference, promising predictability and fairness to attract manufacturing and agro-processing investments.
Liberia is hosting the 7th Prosperity Africa Conference to attract investment, expand trade, and create jobs. The three-day event, organized by the Pan African Chamber of Commerce and Industry and the Liberia Chamber of Commerce, brings together African business leaders, investors, and policymakers. Acting Commerce and Industry Minister Stephen M. Yekeson Jr. urged participants to move beyond policy discussions and establish practical partnerships, emphasizing Liberia's commitment to being a predictable and fair business partner.
The conference theme, “Innovation in Business Leadership & the Economics of Tomorrow,” highlights the need for Africa to move beyond raw material exports. Yekeson identified agriculture, agro-processing, manufacturing, mineral value addition, and digital and financial services as priority investment sectors. He pointed to opportunities in rice milling, cassava processing, palm oil production, gold refining, iron ore processing, and timber manufacturing, as well as special economic zones and industrial parks.
Pan African Chamber of Commerce and Industry Executive Director Kebour Ghenna called for the African Continental Free Trade Area to become a practical tool for transformation, urging stronger economies to invest in smaller ones and facilitate technology transfer. Liberia Chamber of Commerce President O. Natty Davis II stressed the importance of tangible economic benefits for citizens, including market access for farmers and financing for women entrepreneurs, and urged participants to identify concrete partnerships and investment opportunities.
Why it mattersAfrican investors and business leaders are affected by Liberia's promises of business reforms and opportunities in manufacturing and agriculture.