<< Back             Poser >> Liberia signs deal to build airport city 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. The New Dawn Liberia	ECOWAS to slash air fare, eliminate taxes by January 2026 Director of Transport and Telecommunications, Economic Community of West African States (ECOWAS), Chris Appiah, who spoke yesterday in Abuja, said the decision was taken after a decade of studies confirmed that West Africa has the most expensive air transport services in Africa.Appiah added that the high cost of regional flights is driven largely by both government taxes and aviation charges.“If you buy a typical ticket in West Africa from any of the airlines, you realise that about 64 Mahama arrives in Abuja for 68th ECOWAS Ordinary Summit  President John Dramani Mahama has arrived in Abuja, Nigeria to participate in the 68th Ordinary Summit of the ECOWAS Authority of Heads of State and Government, slated for today, Sunday, December 14. The post Mahama arrives in Abuja for 68th ECOWAS Ordinary Summit  appeared first on Ghana Business Asian markets drop with Wall St as tech fears revive Asian markets dropped Monday as concerns about the AI-fuelled tech rally returned to the spotlight after weak earnings from two big-name firms last week revived questions about the wisdom of the vast sums invested in the sector. Those concerns were compounded last week following disappointing earnings from sector giants Oracle and IMF set to disburse $17M to Gambia The Gambia’s economic outlook remains positive, with real GDP estimated to expand by 6 percent in 2025, supported by the agriculture, construction and tourism sectors. Headline inflation has further decelerated, reaching 7 percent by end-October 2025. The outlook remains subject to significant downside risks stemming from global geopolitical developments.The authorities are committed to the objectives set out in the ECF and RSF arrangements. 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