<< Back             Poser >> Liberia signs deal to build airport city Business A new deal has been reached to transform Liberia’s International Airport into a modern airport city. Margibi County, Liberia, May 9, 2025-The Liberia Airport Authority (LAA), in partnership with the Liberia Special Economic Zones (LSEZ), has signed a Memorandum of Cooperation (MoC) to establish the country’s first Airport Special Economic Zones (ASEZ) at Roberts International Airport (RIA), marking a major milestone in the Government of Liberia’s infrastructure-led development strategy. The signing ceremony, held Thursday, May 8, 2025, at Roberts International Airport in Margibi County, brought together key executives from both institutions and underscores the government’s commitment to transforming the aviation sector into a powerful engine for economic growth and diversification. The ASEZ initiative is designed to convert designated airport lands into modern business and industrial hubs that promote light manufacturing, logistics, infrastructure development, and commercial activity. The zones are expected to boost foreign direct investment (FDI), generate new jobs, and stimulate sustainable economic growth in Liberia and the broader West African region. “This agreement lays the foundation for a vibrant airport city,” said Mr. Jero Mends-Cole, Managing Director of the Liberia Airport Authority. “By designating airport lands as Special Economic Zones, we’re creating a space that attracts investment, drives economic diversification, and enhances Liberia’s position in regional and global markets.” The MoC represents a joint strategic effort to leverage Liberia’s unique geographic advantage and existing airport infrastructure to establish a globally competitive economic zone. “Liberia’s geographic position offers a gateway to West Africa,” said Hon. Prince A. Wreh, Executive Chairman of the Liberia Special Economic Zones Authority. “This initiative leverages that strength, alongside our airport infrastructure, to create an environment that supports trade and sustainable economic activity across the region.” The launch of the ASEZ initiative coincides with the Liberia Airport Authority’s upcoming modernization program for Roberts International Airport. Planned infrastructure upgrades include, Modernized terminal facilities, Enhanced runway and taxiway conditions, Upgraded firefighting and safety systems, Improved power supply infrastructure, and Deployment of advanced aviation technologies. These developments are expected to improve operational efficiency, increase passenger and cargo capacity, and create a more attractive and competitive investment climate. The Liberia Airport Authority remains committed to playing a central role in Liberia’s economic transformation by developing airport infrastructure that supports trade, investment, and regional integration. New Dawn Liberia	Ghana signs $270m poultry project deal to cut chicken imports The 24-Hour Economy and Accelerated Export Development Secretariat has brokered a $270 million investment agreement to revitalise Ghana’s poultry industry, expand domestic production and reduce the country’s dependence on imported chicken. Construction work to begin on Ogun Deep Sea Port in November — Abiodun The governor said the groundbreaking ceremony for the project would take place in November, after which construction would commence immediately, with the port expected to be substantially completed within two and a half years. Court convicts 21 firms of operating illegal investment schemes, imposes N630m fines The EFCC accused the convicted 21 firms of acting in violation of section 57 (1) of the Banks and Other Financial Institutions Act of 2020. Nigeria’s Power Sector: Lack of coordination slows reliable electricity supply – Tegbe The Minister of Power, Joseph Tegbe, said a lack of coordination had slowed the delivery of reliable electricity supply to Nigerians. The Minister made this disclosure on Monday at the announcement of the Off-Grid Stakeholder Coordination in Abuja. According to the Minister, who was represented by his Chief of Staff, Adelabu, the fragmentation of the […] Nigeria’s Power Sector: Lack of coordination slows reliable electricity supply – Tegbe IFC-LMI Holdings partnership expands renewable energy for Ghana industries The International Finance Corporation (IFC) and LMI Holdings have expanded their partnership to provide renewable energy infrastructure to businesses in the Tema and Dawa Industrial Zones. Interior Minister asks traditional authorities to enact, enforce anti-bushfire byelaws Alhaji Muntaka Mubarak, the Minister of Interior has called on traditional authorities to enact and strictly enforce anti-bushfire byelaws in their respective communities, to prevent bushfire outbreaks in the 2026/2027 seasons.