21 January 2013

Liberia: U.S. Based Group Targets Investment in Liberia

A seven-man delegation under the banner "College-100 and the Project for the New Liberia" is expected in the country in March to explore investment possibilities.

A dispatch said while in the country, the group will meet with the Legislature, President Ellen Johnson-Sirleaf, civil society and visit few counties as well as communities. The meeting is geared towards forming a partnership for several grassroot projects.

According to the dispatch, Yahoo Co-Executive, former US Ambassador to Liberia Ed Perkins, C-100 Executive Director Saumitra Thakur and Garmondeh Clinton, Executive Director of the Project for the New Liberia will form part of the delegation to forge a partnership for Liberia's post war recovery and growth.

The groups, the dispatch said, have targeted several areas for investment including the construction of public libraries, the advancement of information technology, entrepreneurship program for young people, climate change and education.

College-100 has worked with Ambassador Ed Perkins to build a global coalition of elite student presidents, Rhodes scholars, and other distinguished young leaders.

"Their members come from the strongest academic institutions in the world (Harvard and the Ivy Leagues, Oxford, Cambridge, and hundreds of other flagship schools); they used their network to engage millennial leaders in important global initiatives," the dispatch noted.

The dispatch said the groups want to collaborate with the Liberian government to provide greater opportunities and career paths for the people of Liberia.

"In Liberia, we propose specifically to send out a small team to meet with business leaders, government officials, and young Liberians to outline a larger conference; at the conference, we can bring in a major keynote (perhaps a Silicon Valley CEO or investor) and many emerging American business leaders to meet with their Liberian counterparts to discuss and build resources for entrepreneurship;" the dispatch added.

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