AGP Executive Report
Last update: 6 hours agoHydrocarbons Oversight: The House Committee on Hydrocarbons is pushing for further scientific testing into a reported crude oil discovery in Grand Bassa, saying current findings don’t confirm commercially recoverable petroleum. Power & Industry Inputs: LEC has started cutting electricity imports from Côte d’Ivoire and Guinea after Mount Coffee hydropower returned to full capacity and a new 20MW solar facility added generation. Mining Governance Finance: Liberia and the AfDB signed a US$16.7m loan to boost fiscal sustainability and strengthen mining governance, with reforms aimed at improving revenue and transparency. Concession Reform Debate: Lawmakers want Liberia to redesign future concession deals, shifting from royalty-based terms to profit-sharing and equity participation—without changing existing agreements. Energy Infrastructure Rollout: EU-backed “Light Up Greenville” received single- and three-phase energy meters to support electrification and future customer connections. Digital Finance: Vita Money launched plans for a full digital banking platform for mobile payments, transfers, bill payments, and remittances, pending Central Bank of Liberia approval. Clean Cooking Planning: World Bank/ESMAP validated inputs for Liberia’s first National Clean Cooking Strategy and a proposed national clean cooking program, targeting the country’s very low clean-fuel use. Fisheries Transparency Push: A Liberia workshop launched activities under an Ocean5-funded project to improve fisheries transparency and oversight.
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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