The UK-Liberia trade mission will take place today in a hybrid format. The event will bring together the private and public sectors
The UK-Liberia trade mission will take place today in a hybrid format.
The event will bring together private and public sector players in Liberia and the UK to discuss investment opportunities in Liberia. The primary focus of this investment will be energy transition, but the prospects for investing in the Liberian private sector and the ease of doing business in Liberia – where the US dollar is legal tender alongside the Liberian dollar – will also take priority. during a meeting.
In the short term, expect Liberian government agencies to emphasize the benefits associated with increased investment in their country, especially in mining and private energy.
In the medium term, expect continued private sector support as Liberia hopes to reap previously untapped and desirable dividends from tourism.
In the long term, expect the significant UK investment in Liberia to continue to facilitate development. This follows similar regional investments aimed at countering simultaneous investments by China, the UK’s geopolitical rival, in Africa. Ultimately, if the UK and its allies fail to garner support for their investments in Africa, expect China to quickly fill the gaps and present continued challenges to the current international landscape as they leverage their overseas investments to authoritarian export surveillance governance.