Author: Press Release

Mr. Cohen is credited for resurrecting Liberia’s maritime program in the early 2000’s, and led its transformation into becoming the renowned industry leader that it is today. Washington — Mr. Yoram Cohen, Founder and Chairman Emeritus of LISCR, has recently passed away. Mr. Cohen was regarded as business giant and senior statesmen in Liberia, and was instrumental in the national economic reconstruction following the civil conflict. He led the growth of the Liberian Ship Registry and established several successful local ventures, including Cellcom Telecommunications. To many esteemed Liberian’s, Mr. Cohen was fondly admired as a “big brother” who would dispense…

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MONROVIA – The Board of Commissioners (BoC) and staff of the Liberia Electricity Regulatory Commission (LERC) have bid farewell to the European Union (EU) Long Term Technical Assistance (LTTA) team assigned to support the Department of Energy (DoE) at the Ministry of Mines and Energy (MME) and the Commission.

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Monrovia − ArcelorMittal Liberia along with other mining companies and businesses has been inducted into the Liberia Chamber of Mines. The Liberia Chamber of Mines is a consortium of mining companies and businesses established to help strengthen the role of the sector actors in advancing the mining industry of Liberia and complementing the government’s efforts in achieving its development goals.

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Monrovia – The Charge d’ Affaires and Deputy Chief of Mission at the Chinese Embassy near Monrovia, Mr. Xu Kun has hailed the Minister of Foreign Affairs, H.E. Ambassador Dee-Maxwell Saah Kemayah, Sr. and members of his senior management team at the Ministry of Foreign Affairs for the huge transformation taking place at the ministry following the launch of the ministry’s reform agenda as enunciated by Amb. Kemayah.

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MONROVIA – The Monetary Policy Committee (MPC), proxied by the Board of Governors of the Central Bank of Liberia (CBL), during its first quarterly meeting of 2023 held on 16 February 2023, retained the monetary policy rate (MPR) at 15% and upheld the Liberian dollar and US dollar reserve requirement ratios at 25% and 10%, respectively.

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