AGP Executive Report
Last update: 25 minutes agoMining & Concessions: The House of Representatives urged more scientific tests on a reported crude oil discovery in Grand Bassa, saying there’s no confirmed commercially recoverable petroleum yet. Lawmakers also pushed a major overhaul of Liberia’s concession model, moving from royalty-based terms toward profit-sharing and equity participation for future deals. Energy & Power: LEC says it has started cutting electricity imports from Côte d’Ivoire and Guinea after Mount Coffee returned to full 88MW output and a new 20MW solar facility came online; government also outlined plans to expand generation further by 42MW. Clean Cooking: The World Bank Group and partners validated findings to accelerate Liberia’s clean cooking push, where only about 0.8% of households use clean fuels. Gold Investment: Liberia’s Chamber of Commerce welcomed Mansa Resources’ reported US$600m Dugbe Gold Project, highlighting local content and supplier opportunities. Trade Finance: AfDB will cover up to 100% of default risk on trade deals confirmed by Ghana International Bank—explicitly including Liberia in the target markets. Digital Finance: Vita Money announced plans for a full digital banking platform with mobile payments, transfers, and bill payments. Gender & Health: A menstrual products tax fight is underway as girls in rural areas report using unsafe materials due to high costs. Fisheries: Civil society and media met to launch a fisheries transparency drive aimed at exposing illegal, unreported and unregulated fishing.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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