Liberia Country Profile

57% Literate Education

There is no doubt of the need for investment and innovation in Liberia’s education system. The decades of civil war have left 42% of the children out of school. Literacy in Liberia is at 57%. Although 1.5 million children are in school and classrooms overcrowded, many kids cannot read by the time they reach secondary level. Only 20% of children enrolled in primary school complete secondary school. The government is determined to work with education providers with proven models of school management, teacher support, and increasing learning outcomes to transform free public primary and nursery schools. Bridge International Academies is the first partner to participate in the initiative, alongside other Liberian organizations. The partnership is entirely funded by international donors, and will not use any funds reserved for existing educational programs. Bridge has implemented its tried and tested models in over 50 schools and is working in Kenya, Uganda and Nigeria. It has been a proactive and successful partner to parents and governments, delivering statistically significant learning gains for its pupils. In Kenya, Bridge’s pioneer pupils had a 40% higher chance of passing national primary exit exams in 2015. We aim to achieve similar results in Liberia and welcome any investor who wants to partner with the Government of Liberia to provide quality education to Liberia and its people.

7213 Health Workers Health

The national health system is based on three main levels of care — primary, secondary and tertiary — with each level acting as a gate-keeper for the next level. The Tertiary Level is represented by the John Fitzgerald Kennedy Medical Center (JFK- MC), which serves as the only referral hospital for complicated emergencies, surgical and specialized services. It comprises a paramedical and nursing school; a large laboratory for various tests and diagnosis, X-ray, Dental, Optometry, and Emergency and Surgical units. The JFK-MC was severely damaged during the country’s 14 years Civil War and is being rehabilitated to enable it to serve as a tertiary referral facility for the whole country. The health care system is managed by 727 public, private and faith-based health facilities throughout the country at all levels (clinics, health centers and hospitals). There are 7,213 health care workers on government payroll (excluding Presidential Appointees). The health sector faces huge, competing challenges that continue to impede and ruin progress made in recent years. However, these challenges can be perceived as investment opportunities for public private partnership (PPP) with the government of Liberia.

42% Green Area Tourism And Hospitality

Liberia’s tourism sector possesses unique and competitive assets that remain largely untapped. The country is endowed with a rich culture and a wide variety of natural beauty ranging from plains to spectacular white sand beaches to rainforest. Liberia enjoys three main touristic features: costal and marine sites, natural sites/features and cultural and historical sites. The potential for Liberia’s tourism sector is massive. Liberia’s natural attractions include two natural forest reserves, wetlands and mangroves, and biological and landscape diversity. Liberia is endowed with approximately 42% of the Upper Guinea Forest of West Africa, rich in endemic flora and fauna. There are two upper Guinea biodiversity hotspots: East Nimba Natural Reserve and the Sapo National Park. Both are home to rare birds, and high diversity of mammals such as elephants, monkeys, antelopes and Liberia’s national symbol, the Pigmy Hippopotamus. All sorts of touristic services can be tapped around these natural sites, such as ecotourism activities, e.g. birds watching, and rural tourism activities, e.g. village tours. The Ministry of Information, Cultural Affairs and Tourism, has developed a Liberia National Tourism Strategy (NTS) to serve as a road Map for the development of tourism in Liberia. The National Tourism Strategy represents the consensus of a wide consultative process in the tourism industry, both Public and Private Stakeholders. This Strategy provides a framework for the mobilization of resources in order to realize long-term national objectives. As articulated in the Liberia National Development Plan of Vision 2030, which are; sustained economic growth, employment creation, poverty reduction, reduced inequalities in income, gender and between regions and the promotion of economic empowerment. The NTS covers several aspects of the economy, environment and society as a whole. More precisely, with the level of Terrorist activities carry out in the World today, we were cognizant that, tourists are temporary residents in communities and as such share benefits and services provided by all divisions of government. Both tourists and nationals want security, good roads, efficient transport services, comfortable accommodation, hygienic restaurants, good value shopping, entertainment, efficient tele-communication services and access to health services in the event of indisposition. The Government of Liberia is seeking partnerships with local, regional and international leisure service providers to see the potential in its tourism and hospitality sector.

Energy Energy Production and Transmission

The Government of Liberia, through the Ministry of Lands, Mines and Energy (MLME), is implementing a comprehensive Electricity Master Plan for developing the sector in Liberia up to 2030. Key objectives of this plan include; Aggressive reconstruction and expansion of the transmission and distribution infrastructure, Expansion of firm generation capacity and diversification of generation sources, Reduction in cost of electricity and increasing the reliability of electricity supply, Development of the capacity to effectively manage the energy sector, Developing a new legal and regulatory framework which facilitates execution of this strategy, Attracting private investment to the energy sector, particularly in generation, transmission and distribution of electricity in order to leverage the use of public resources. The provision of clean and reliable energy to urban and rural Liberia is high on the government’s agenda. With less than 10 percent of urban and less than 2 percent of rural residents receiving power from Liberia Electricity Company, the government -owned electricity provider, significant investment in this sector will help the government reach its target of 30 percent and 15 percent respectively. Electricity on the national grid has increased from zero and by the end of 2017 will be at least 150 megawatts reaching a target of 54.000 households across the country. Additionally, there is the power grid covering the Mano river union countries which provides electricity to leeward counties in Liberia. Investment is still needed to make the dream of providing consistent and clean carbon neutral energy for all a reality. Liberia has also joined the west Africa power pool and recently passed a new electricity law that allows private participation in power generation and an independent regulatory authority providing investment opportunities to this sector. Energy Demands Secured mining demand scenario Total demand under the Secured mining demand scenario will increase to about 452 MW in 2033. Mining demand makes up a portion of about 40 %. Ram-Up Mining Demand Scenario Total demand under the ram-up mining scnenarion will increase to about 837 MW in 2033. The share of mining demand in total demand is around 67% HFOs 38 MW – Current Capacity Mt. Coffee hydro 88 MW (revamped by December 2016) Approx. 2000 MW aggregate hydro potential Potentials biomass 500 MW; solar energy Power Distribution and Transmission Development of National power grid Concrete poles Hydro Power Potential High potential for hydropower - difference between the dry and wet seasons. This overview of potential hydropower capacity in Liberia shows that there is a significant potential of up to 1,500 MW, However, it is necessary to review these projects with reference to the followings aspects: Suitability for hydropower plants with and without reservoir Verification of technical and hydraulic data Integration into transmission grid Environmental and social impacts. For the Mano and Cavalla Projects, these rivers are Border Rivers to neighboring countries (Sierra Leone and Ivory Coast). Hence, Regional Approach - Potential Small and Mini-Hydro Sites
- Small Hydro Power Potential
- Solar Potential
As Liberia is located near to the equator, the conditions are generally favorable for any kind of use of solar radiation. Estimates from satellite measurements suggest monthly average daily solar radiation between 6.02 kWh/m2/d in February/March to 3.85 kWh/m2/d in July/August which show good prospects for photovoltaic systems. Total production of 1400 - 1700 kwh/kW peak (including losses) is a realistic figure for concept evaluations. There is potential for solar power generation especially in rural areas where no connection to a grid or a local power station can be made available. Possible solutions in combination with other sources and storage systems will be encouraged, taking into account that power generation by photovoltaic systems is not in accordance with times of maximum use of electricity. Wind Potential Based on globally available wind speed data, the estimate of the wind speed in the coastal area is about 3.5 m/s to 6 m/s in the different months of the year. There is a significant potential for power generation based on windmills all over the country if turbines specialized for low wind speeds are installed. The advantage of the coastal areas is there is higher wind speed in some months, whereas the advantage of the mountainous areas is the more constant availability of wind over the year. Waste To Energy Potential Liberia is generally favorable for waste to energy power production. Municipal Solid Waste (MSW) production for different regions of Liberia in 2014 was estimated as 269,626 tons/year with Monrovia producing 75% of the estimated waste. This lead to a projected energy production of 16,645 MWh/year In general, a proposal for the use of waste to energy generation must include details for implementing a waste collection system. For the future, there will be a potential for the use of waste as long as an efficient collection system can be set up. Collection system can be set up. Biomass Potential: In general, Liberia has the following available classes of biomass resources: o Forestry products, forestry byproducts and forestry residues
o Agricultural crops and residues
o Residues and byproducts from all kinds of biogenic material processes (saw mill byproducts, byproducts
from harvesting and milling) From a current perspective, power production in combination with the palm oil mill process seems the most viable option. For all other biomass, it is necessary to evaluate the potential locally to find suitable amounts for power generation without a competing use. For big plantations, the use of biomass can be part of the concession contract

Finance Advantages Investment Opportunities

Providence Island - The Door of Return: Located in the heart of Monrovia, is the landing site for freed emancipated slaves that settled in what would become Africa’s first republic - Liberia. Ideal investment for an amusement park. Robertsport – located in Grand Cape Mount County is home to some amazing investment opportunities. It is a coastal town with elaborate mountains, beautiful beaches and lakes and home to the once famous Hotel Victoria. Lake Piso – situated in the Western cluster of the Country, Grand Cape Mount County, Lake Piso is the country’s largest and most serene lake, which enables amazing artisanal fishing for commercial purposes. This lake stretches wide into the Atlantic Ocean, and can be viewed from the top of the Cape in Robertsport. Hotel Victoria - A distance view of the once famous Hotel Victoria, located on the shores of the Atlantic Ocean in Grand Cape Mount County. Its natural beauty drew lots of tourists to this part of the Country and generated profitable revenue. Kpatawee Waterfall - Rated by many visitors as the most dramatic and green waterfalls located in any forest. This waterfall has been tagged as a biodiversity hotspot and major tourism asset by the Liberian government. The Nimba Mountain Range - is the largest portion of the Upper Guinea rainforest and extends from Liberia into neighboring Guinea. Home to the world’s largest butterfly (African Giant Swallowtail) and the nearly extinct (Nimba Otter Shrew, a toad found only in Liberia), the ENNR is an environmentalist dream come true. With a beautiful blue lake in the midst of the mountain and a misty dew that covers the entire range at certain hours in the day, this place has major advantages for tourism investors. East Nimba Nature Reserve – Is Liberia’s largest biodiversity hotspot and is on course to be named a world heritage site. SAPO National Park - The renovation and rehabilitation of the Sapo National Park; situated in the Southeastern part of the Country, precisely Sinoe County, where wildlife preservation has been the basis for the establishment of the area, is home to the Pigmy Hippopotamus, Liberia’s national symbol. As a result of the civil conflict, this area was abandoned and the roads leading to the park is in disrepair. Investment in SAPO National Park has the potential to generate great returns in the travel and tourism industry, which generated $7.7 trillion (10% of global GDP) in 2015. Liberia National Symbol - Pigmy Hippopotamus Hotel Africa – located in Virginia, Montserrado County The construction of the Ducor Intercontinental Hotel, Hotel Victoria, Hotel Africa and the Presidential Villas for the 1979 O.A.U. Summit of African leaders, were among Government initiatives to develop the hospitality industry.

Studies Infrastructure

Liberia suffered badly from its 14 years of conflict, and the nation’s stock of infrastructure remains inadequate and poorly maintained. There are, however, a number of opportunities to reverse this trend. Related infrastructure investment priorities like roads, port, energy, sanitation and ICT offer great investment potentials that can best bring Liberia out of its relative isolation. These will enable Liberia to play a larger role on an agricultural trading stage within the Mano River Union, on a regional stage within the ECOWAS energy, communications and transit trade markets, and on a globally competitive stage as an attractive investment destination for manufacturing, mining and agro-industry. The African Development Bank views poor infrastructure as a critical barrier to reducing poverty and accelerating growth. Liberia’s new poverty reduction strategy, the Agenda for Transformation, recognizes that economic growth and development cannot be achieved without adequate infrastructure. At the same time, key insights from the nation’s history indicate that the social and economic benefits of growth must be inclusive, and an enclave orientation must be minimized to avoid growth without development. Infrastructure investment must therefore be planned to support key growth corridors that connect urban centers with the rural milieu and foster conditions for economic advancement by smallholders and the domestic private sector, as well as foreign direct investors. Infrastructure services must strive to improve quality, availability and affordability to citizens throughout the country. The government of Liberia is looking to partner with interested investors in overhauling the country’s ailing infrastructural. While significant donor funding from the World Bank (WB), European Union (EU), Swedish International Development Agency (SIDA), USAID and other major donors have resulted in works being carried out on major roads leading to key investment areas, more is needed to sustain recovery and acceleration of development progress in Liberia. Opportunities in Infrastructure

  • Road and Highways
  • 4 and 5 Star Hotels
  • Affordable Houses
  • Airport and its expansion,
  • Energy and Renewables
  • Logistics
  • Oil & Gas
  • Rehabilitation and expansion the airport(s)
  • Sea Ports
  • Rehabilitation and expansion of harbor(s) 

  • Free zone

FAQ FAQ For Liberia

- Capital City: Monrovia
- Economic Capital City: Monrovia
- Other Populated Counties: Bomi, Bong, Gbarpolu, Grand Bassa, Grand Cape Mount, Grand Gedeh, Grand Kuru, Lofa,
Margibi, Maryland, Montserrado, Nimba, River Cress, River Gee, Sinoe.
- Government Working Hours: 8am-5pm
- Population: 4.399 Million ( as of 2016 )
- Population Urban as of Total Population: 50 % as of 2016.
- Population Median Age: 18.3 ( as of 2016 estimated )
- Internet Users as % of total Population: 5.9% (as of 2015)
- Educational Background: Age 15 and over can read and write
- Government Type: Unitary Constitutional Republic & Representative Democracy
- Head of Country: H.E George Manneh Weah - Ruling Party: Unity Party
- Opposition Party: Liberty Party and others.
- Country Flag by All It Means:
The eleven stripes symbolize the signatories of the Liberian Declaration of Independence, red and white symbolizing courage and moral excellence. The white star represents the first independent western-styled republic in Africa, above the blue square representing the African continent -Coat Of Arms of Liberia: The coat of arms of Liberia consists of a shield containing a picture of a 19th-century ship arriving in Liberia. The ship symbolizes the ships which brought the freed slaves from the United States to Liberia. Above the shield the national motto of Liberia appears on a scroll: The love of liberty brought us here, and below the shield another scroll contains the official name of the country, Republic of Liberia. The plow and the shovel represent the dignity of labor and hard work through which the nation will prosper. The rising sun in the background represents the birth of a nation. The palm tree, the nation's most versatile source of food, represents prosperity. The white dove with a scroll represents the breath of peace. -National anthem of Liberia All hail, Liberia, hail! (All hail!) All hail, Liberia, hail! (All hail!) This glorious land of liberty, Shall long be ours. Though new her name, Great be her fame, And mighty be her powers, And mighty be her powers. In joy and gladness, With our hearts united, We'll shout the freedom, Of a race benighted. Long live Liberia, happy land! A home of glorious liberty, By God's command! A home of glorious liberty, By God's command! All hail, Liberia, hail! (All hail!) All hail, Liberia, hail! (All hail!) In union strong success is sure. We cannot fail! With God above, Our rights to prove, We will o'er all prevail, We will o'er all prevail! With heart and hand our country's cause defending, We'll meet the foe with velour unpretending. Long live Liberia, happy land! A home of glorious liberty, By God's command! A home of glorious liberty, By God's command! - Founder: Joseph Jenkins Roberts, First President of Liberia - Neighborhood Border Countries: Sierra Leone, Guinea, Cote D’Ivoire - International Airport: Roberts Field International Airport. - List of Local Airports in Liberia: City served ICAO IATA Airport name Buchanan GLBU UCN Buchanan Airport Buchanan GLLB Lamco Airport Harper (Cape Palmas) GLCP CPA Cape Palmas Airport Foya FOY Foya Airport Greenville GLGE SNI Greenville/Sinoe Airport Harbel GLRB ROB Roberts International Airport Monrovia GLMR MLW Spriggs Payne Airport Nimba GLNA NIA Nimba Airport Sasstown GLST SAZ Sasstown Airport Tchien GLTN THC Tchien Airport Voinjama GLVA VOI Voinjama Airport - National Aviation Company: Liberty Aviation Airlines for domestic flights. - International Seaport: Port of Monrovia.
- Industrial, Commercial and Private Sector Railway: N/A
- Roads and Highways in Km: 10.600 km of roads, only 657 km of these roads are paved,
- Currency: Liberian Dollar
- Local Currency Against USD-Euro-GBP: US$1=L$ as of December 2016.
- Inflation Rate by Local Currency / Annum: 8.6 % by 2016, 8.5 % by 2017 estimated
- Inflation Rate by Foreign Currency / Annum:
- Labor Force: minimum wage for skilled labor is only US$7/day, unskilled labor its US$4/day.
- Unemployment Rate: 3.8 % as of 2014