March 04
Liberia: GOL, AfDB Sign U.S.$40m Loan for MRU Road Development and Transport Facilitation Project Phase 1
On Friday, March 1, 2024, the Government of Liberia and the African Development Bank (AfDB) signed a US$40 million loan agreement for the Mano River Union Road Development… Read more »
November 23, 2023
Liberia: World Bank Suspends Liberia's Access to Loans Over Failure to Meet Its Debt Payment Obligations
Liberia faces a setback as the World Bank suspends its access to "unwithdrawn loans" due to the George Weah administration's failure to service previously disbursed loans, marking… Read more »
June 30, 2023
Liberia: Opposition Lawmakers Previously Opposed to IDA U.S.$56 Million Loan Summersault in Vote
In a stunning turn of events, the Liberian Senate faced an unprecedented situation on Thursday, June 29, 2023, as several opposition senators defected during a crucial vote on the… Read more »
June 09, 2023
Liberia: GT-Bank's U.S.$1.2 Million Debt Action Against Kailondo Petroleum Sparks 'Smear Campaign'
Several mainstream and social media outlets have been flooded with news in recent days regarding the reemergence of a legal battle between GTBank and George Kailondo, along with… Read more »
December 16, 2022
Liberia: LBDI President Disassociates Itself From Recent List of Published Debtors
The Liberia Bank for Development and Investment (LBDI) has distanced itself from publications claiming that the bank has disclosed a list of borrowers, some of whom are… Read more »
December 12, 2022
Liberia: IMF Concerned Over Loan Defaulters At LBDI, Put Big Shots On Notice
Barely a week after the Board of Directors of the Liberian Bank for Development and Investment (LBDI) accepted the resignation of its President/CEO Deo Z. Delaney over reported… Read more »
October 18, 2022
Liberia: NaFAA Secures U.S.S.20 Million Loan From OPEC
The government of Liberia through the National Fisheries and Aquaculture Authority has signed a US$20 million loan and a US$240,000 complementary technical assistance grant with… Read more »
July 08, 2022
Liberia: Domestic Debt Profile Hits Over U.S.$800 Million As Senate Sets Statue of Limitation for Such Debts
Liberia's current domestic debt stands at over eight hundred million United States Dollars and that is exclusive of foreign debt. The disclosure was made Thursday by the Senate… Read more »