By: Augustine N. Myers – As part of efforts by the Liberian Government to speed up with the nation’s post-conflict development drive, an Investment Company “SEK Liberia” has begun partnership with Government. The partnership between Government and SEK Liberia has led to an agreement for the Logan Town – Mombo Town Road Pavement Project. The Project which has already commenced, will ensure quality asphalt pavement of 3.19 kilometers or 2 miles of residential neighborhood road that links Logan Town –Mombo Town Communities. The outcome of the Project, according to the Liberian Government, contributes to the Roads and Bridges objective of... Continue Reading
By Nawa Mutumweno – The International Finance Corporation (IFC) of the World Bank increased investments in sub-Saharan Africa to a record $2.4 billion in the year to the end June 2010 from $1.8 billion in 2009, the first time that the IFC’s yearly investments in the region surpassed $2 billion. Apart from 31 countries in the region benefitting from this massive investment, the IFC also supported the mobilization of an additional $1.1 billion from other investors and approved 40 new advisory services projects during the period under review. The organization, which extends development finance to the private sector in developing... Continue Reading
ABIDJAN, 24 January 2011 (IRIN) – While the UN Operation in Côte d’Ivoire (UNOCI) faces a climate of orchestrated and growing hostility, local UN employees, even those working with agencies completely separate from UNOCI, are living in fear. All local UN staff deemed non-essential have been instructed to stay at home until further notice, and not report to work, while many international staff within ONUCI now live permanently in their offices, sleeping on camp beds. For Francois*, a driver with a separate UN agency, the current crisis is a cause of extreme stress, not least because it resurrects traumatic memories... Continue Reading
By Nawa Mutumweno – Africa’s economy will expand by 5% and 5.1% this year and 2012 respectively on the backdrop of rising infrastructure investment and agricultural productivity and a growing demand for the continent’s exports. Falling exports and weak commodity prices slowed the continent’s growth to 2.3% in 2009, but improving global trade enabled Africa to rebound to 4.7% in 2010, according to the United Nation’s World Economic Situation and Prospects report launched in Ethiopia on Tuesday, January 18, 2011. The growth is anchored on the recovery in global trade and the strong economic rebound in East Asia supported by... Continue Reading
…AKEWA Group of Companies Prioritizes Development – By: Augustine N. Myers – As part of efforts to buttress development efforts of the Liberian Government and partners, an Investment Company operating in Liberia, “AKEWA Group of Companies” has extended its investment activities to Compound # 1 in Grand Bassa County, as part of efforts to join the Liberian Government in the growth development of post-conflict Liberia. Partial view of the local village to benefit The AKEWA Group of Companies which has met all requirements of the Liberian Government under the laws of the Country, is investing in the forestry sector. After... Continue Reading
