<< 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	SPECIAL REPORT: Beyond tuition, extra school charges deepen financial strain on Nigerian parents From Abuja to Lagos, Kaduna, Katsina and Benue, parents described additional bills for graduation ceremonies, textbooks, costumes, feeding, extra lessons, photographs, parties and other activities. Bank of Ghana woos Asian investors with lower inflation, improved credit rating The Bank of Ghana (BoG) has urged Asian investors to take advantage of Ghana’s easing inflation, improved debt sustainability and upgraded sovereign credit rating to explore investment opportunities in the country. Access Holdings’ nine-month profit dips 6% as cost of funds erodes earnings Gross earnings rose by 2.3 per cent to N4 trillion for the financial services group, which also has operations in pensions, payments and insurance brokerage, and also operates in 24 countries, serving over 63 million customers. Ghana recovers over GH¢18b from audit recommendations within four years – Auditor-General Dr Pamela Graham, the Auditor-General, says the country recovered over GH¢18 billion through the implementation of recommendations contained in audit reports from 2022 to date, as reflected in the Ministry of Finance's 2024 Consolidated Budget Annual Report. LifeTrac Tech, GRATIS Foundation unveil locally assembled tractor to boost farm mechanisation LifeTrac Tech Limited and GRATIS Foundation have unveiled the LifeTrac 6G tractor prototype, a locally fabricated machine aimed at improving agricultural mechanisation and strengthening Ghana’s capacity to manufacture and maintain its own farm equipment. The tractor was launched at the GRATIS Foundation Technology Solution Centre in Tema, following a partnership between the two institutions to […] Ghana requires over 1,000 additional physical planners for effective development planning – Prof Mensah Professor Lord Mensah, the Head of the Local Government Service (LGS) says inadequate personnel remain a major challenge confronting the Physical Planning Departments of the various Metropolitan, Municipal and District Assemblies (MMDAs).