AGP Executive Report
Last update: 9 hours agoMining & Investment: Liberia’s Dugbe Gold Project gets a major boost as Mansa Resources signals about US$600m for development, with the Liberia Chamber of Commerce urging transparency and strong local content so Liberian firms benefit in logistics, construction, catering, security, ICT and services. Energy & Power: LEC says it has restored Mount Coffee Hydropower to full 88MW and added a new 20MW solar facility, cutting electricity imports from Côte d’Ivoire and Guinea; government also flags further expansion discussions to raise capacity toward 130MW. Clean Cooking: World Bank Group and ESMAP, with Liberia’s Ministry of Mines and Energy and RREA, validate plans for a National Clean Cooking Strategy and program after a sector assessment showing only 0.8% clean cooking access. Fiscal & Mining Governance: AfDB and Liberia sign a US$16.7m loan for fiscal sustainability and mining governance reforms, aimed at improving revenue and public service delivery. Concessions Reform: Lawmakers push a landmark overhaul of Liberia’s concession model, moving from royalty-heavy terms toward profit-sharing and equity participation for future deals. Oil Discovery Scrutiny: House lawmakers call for further scientific testing into reported crude oil in Grand Bassa, citing lack of conclusive proof of commercially recoverable reserves. Digital Finance: Vita Money launches plans for a full digital banking platform for mobile payments, remittances, bill payments (including LEC tokens) and school fees. Trade Finance: Ghana International Bank and AfDB confirm a trade finance guarantee that can help keep cross-border deals moving, explicitly naming Liberia among target markets. Women & Health Costs: A menstrual pads tax fight heats up as lawmakers consider reducing taxes on pads and ActionAid urges free/low-cost support plus school water, toilets and education. Youth & Leadership: ActionAid challenges Liberian youth to demand real decision-making power now, not just “leaders of tomorrow.” Maritime & Fisheries Governance (Regional): Liberia is among countries backing new commitments to share fisheries data and crack down on illegal fishing, with a focus on transparency and vessel monitoring.
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