Liberia: Govt, Partners Push for Stronger MSMEs

10 December 2025
The New Republic Liberia (Monrovia)
By Stephanie M. Duncan

The Ministry of Commerce, Trade and Industry on Monday launched a three-day high-level conference aimed at improving market access and financing opportunities for Micro, Small and Medium-Sized Enterprises (MSMEs), with a special focus on boosting Made-in-Liberia products.

Held under the theme "MSMEs Access to Market and Finance through Policy Reforms: The Role of the Government, Partners and the Private Sector - Focus on Made-in-Liberia Products," the conference brings together government officials, private sector actors, development partners, and local entrepreneurs to review and strengthen national policies that support MSME growth.

Speaking at the opening ceremony, Minister of State for Presidential Affairs Samuel Stevquoah urged Liberian business owners to embrace honesty and transparency, especially when accessing loans from financial institutions.

He noted that integrity in business dealings is crucial for improving confidence between banks and entrepreneurs.

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"When our business people are truthful in their financial engagements, it strengthens the trust with banks. That trust will open more doors for financing and expand support for locally made products," Minister Stevquoah emphasized.

For her part, Minister of Commerce, Trade and Industry Magdalene Dagoseh encouraged entrepreneurs to actively contribute to shaping a business environment that is open, modern, fair, and globally competitive. She said such an environment is necessary if Liberian-made products are to thrive in both domestic and international markets.

"We must build a system that encourages innovation, competition, and quality. When the environment is right, our local products will not only grow but stand strong globally," Minister Dagoseh said.

The conference will spotlight policy reforms intended to enhance MSME financing, strengthen market linkages, and boost the visibility and competitiveness of Made-in-Liberia products. Participants are expected to discuss challenges facing small businesses and propose actionable strategies to improve access to capital, technology, and regional markets.

The three-day event is part of government's broader effort to promote economic diversification and empower local entrepreneurs as key drivers of national development.

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