EENI Global Business School

Business in Liberia

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Syllabus of the Subject

Foreign Trade and Business in Liberia. Freeport of Monrovia

  1. Introduction to the Republic of Liberia (West Africa)
    1. Case Study: Ellen Johnson-Sirleaf
  2. Business in Monrovia
  3. Liberian Economy
  4. Business and Investment Opportunities in Liberia:
    1. Road and Coastal Transport
    2. Fisheries
    3. Fruits and Vegetables
  5. International Trade of Liberia
  6. Access to the Liberian Market
  7. Business Plan for Liberia

The objectives of the subject “International Trade and Business in Liberia” are the following:

  1. To analyze the Liberian Economy and Global Trade
  2. To know the business opportunities in Liberia
  3. To explore the Liberian trade relations with the country of the student
  4. To know the Liberian Trade Agreements
  5. To develop a business plan for the Liberian Market

(Foreign Trade and Business in Liberia):
International Trade and Business in Liberia

Students, Doctorate, Master in International Business, Foreign Trade

The Subject “Foreign Trade and Business in Liberia” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Doctorate in International Business (DIB) Online

Masters: Business in Africa, International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Business in West Africa.

Foreign Trade and Business in West Africa

Languages: Masters, Doctorate, International Business, English or Study Doctorate in International Business in French Libéria Masters Foreign Trade in Portuguese Liberia Study Master Doctorate in International Business in Spanish Liberia.

  1. Credits of the subject “Doing Business in Liberia”: 1 ECTS Credits
  2. Duration: one week

Area of Knowledge: Africa.

We Trust in Africa (Affordable Higher Education for Africans)

Masters adapted to Liberia Online Master / Doctorate in International Business, Foreign Trade Liberian Students.

International Trade and Business in Liberia.

Liberia: towards a leading maritime country. A country with a former President with Nobel Peace Prize (Ellen Johnson-Sirleaf).

Transport and Logistics in Africa. Corridors, ports

Transport and Logistics in Liberia

  1. Ports of Liberia. Freeport of Monrovia
  2. Liberian Maritime Programme
  3. Access to the Dakar-Lagos Corridor

African Economic Integration

Market Access - Free Trade Agreements

Liberian Preferential Access and Trade Agreements:

  1. Liberia and the West African Economic Area
  2. Economic Community of West African States (ECOWAS)
    1. ECOWAS Regional Road Transport and Transit Facilitation Programme
  3. West African Monetary Zone (WAMZ)
  4. African Continental Free-Trade Area
  5. AGOA
  6. Trade Agreement with India
  7. Liberia-EU:
    1. GSP
    2. Africa-EU Partnership
  8. Mano River Union

Economic Community of West African States (ECOWAS)

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Agreement on the Application of Sanitary Measures
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. Convention on the Harmonization of Frontier Controls of Goods
  4. Hamburg Rules
  5. Customs Convention on Containers
  6. TIR Convention (Road Transport, IRU)
  7. International Chamber of Shipping
  8. International Maritime Organization
    1. Istanbul Convention - not a member

Liberian Maritime Programme:
Liberia Maritime Programme

African Institutions (AU, AFDB, AUDA-NEPAD, UNECA)

  1. Economic Commission for Africa
  2. African Union
    1. AU Convention on Combating Corruption
    3. Africa Agriculture Development Programme
  3. African Development Bank
  4. Africa-India Cooperation
  5. Africa-BRICS
  6. Africa-Turkey Partnership
  7. Africa-Asia Partnership
  8. Africa-Korea Partnership
  9. Africa-Japan Cooperation
  10. Africa-South America Summit
  11. China-Africa Cooperation
  12. Afro-Arab Cooperation
  13. BADEA

Globalization and International Organizations

  1. UN
    1. UNCTAD
    2. ITC
    4. WIPO
  2. WB
  3. WTO
  4. IMF

Ellen Johnson-Sirleaf, Liberian Nobel Peace Prize, Methodist (Liberia)

  1. Borders of the Republic of Liberia: Sierra Leone, Guinea, and Ivory Coast
  2. Capital of Liberia: Monrovia (29% of the Liberian population)
  3. Liberian Population: 4 million people
    1. Mandinka
  4. Liberian Area: 111,369 km²
  5. Liberian official language: English
  6. Liberia was founded in 1822 by U.S. African-Americans
  7. Liberian Independence: 1847 (U.S.)

More information about Liberia (EENI African Business Portal).

Main religions in Liberia:

  1. African Traditional Religions
  2. Christianity (86%)
  3. Islam (12%)

Christianity and Global Business (Catholicism, Protestantism)

Liberia belongs to the West African Economic Area.

Mano River Union (MRU): Sierra Leone, Liberia, Guinea, and Ivory Coast (West Africa)

Foreign Trade (Importing, Exporting)

Liberian Economy:

  1. Liberian GDP growth: 8.1%
  2. Agriculture, fisheries, and forestry sector represent 33% of the Liberian GDP
  3. Industrial and manufacturing sector: 25% of the GDP of Liberia
  4. Services sector in Liberia: 44% of the GDP
  5. GDP per capita growth: 4.4%
  6. Inflation in Liberia: 6.6%
  7. Top Liberian sectors are iron ore exports, construction, and services
  8. Top Liberian export products are iron, diamonds, timber, rubber, cocoa, and coffee
  9. Top Liberian export partners are China, the U.S., Spain, Thailand, and Ivory Coast
  10. FDI in Liberia: 1.354 billion dollars
  11. Top sector attracting FDI are iron ore, forestry, rubber, and palm oil
  12. Currency of Liberia: Liberian dollar
  13. Liberia participates in the ECOWAS Common External Tariff (CET)
  14. The Freeport of Monrovia is the largest port in Liberia (West African Ports)
  15. Liberia is the second-largest Ship registry in the World
  16. Liberia is a tax haven

West African Monetary Zone (WAMZ) Gambia, Ghana, Nigeria, Sierra Leone

(c) EENI Global Business School (1995-2023)
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