Doing Business in Liberia

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Syllabus of the Subject: Foreign Trade and Doing Business in Liberia - Monrovia.

  1. Introduction to the Republic of Liberia (West Africa)
  2. Doing 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. Case Study: Ellen Johnson-Sirleaf
  6. International Trade of Liberia
  7. Ports of Liberia. Freeport of Monrovia
  8. Liberian Maritime Programme
  9. Access to the Liberian Market
  10. Business Plan for Liberia

The objectives of the subject “Foreign Trade and Doing Business in the Republic of Liberia” are the following:

  1. To analyse the Liberian economy and foreign trade
  2. To evaluate the business opportunities in the Republic of Liberia
  3. To explore Liberia's trade relations with the country of the student
  4. To know Liberia's Trade Agreements
  5. To develop a business plan for the Liberian Market
The Subject (e-learning) “Doing Business in Liberia” is part of the following Higher Education Programs taught by EENI (Business School) and the Hispano-African University of International Business:
  1. Doctorate in Business in Africa
  2. Masters (e-learning): International Business, Sub-Saharan Africa
  3. Course: West Africa
  4. Bachelor's Degree in Inter-African Business

African Students, Master in Business, EENI (Business School) and HA University

Recommendations for the Liberian Students.

Course learning materials in Higher Education in English or Post-secondary Education in French Libéria Study in Portuguese Liberia Tertiary Education in Spanish Liberia

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

Area of Knowledge: Africa

Sample of the subject (Doing Business in Liberia):
Doing Business in Liberia

Hispano-African University of International Business

Hispano-African University of International Business

Description of the Subject (Doing Business in Liberia).

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

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

Main religions in Liberia:

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

Liberia belongs to the West African Economic Area (African Civilisation).

Liberian Maritime Programme:
Liberia Maritime Programme

Liberian Economy:

We Trust in Africa

  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 GDP
  4. service sector: 44% of GDP
  5. GDP per capita growth: 4.4%
  6. Inflation: 6.6%
  7. Top Liberian sectors are: iron ore exports, construction, and services
  8. Top Liberian export products: iron, diamonds, timber, rubber, cocoa, and coffee
  9. Top Liberian export partners: China, the United States, Spain, Thailand, and Ivory Coast
  10. Foreign direct investment (FDI) in Liberia: 1.354 billion dollars
  11. Top sector attracting FDI: iron ore, forestry, rubber, and palm oil
  12. Currency: Liberian dollar
  13. Liberia participates in the Economic Community of West African States (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

Access to the Dakar-Lagos Corridor

Liberia has preferential access to the markets of.

  1. Economic Community of West African States (ECOWAS)
  2. West African Monetary Zone (WAMZ)
  3. African Growth and Opportunity Act (AGOA US)
  4. Trade Agreement with India
  5. The European Union: Generalised System of Preferences/Africa-European Union Strategic Partnership

Ellen Johnson-Sirleaf Liberia

Liberia is a member of:

  1. Mano River Union
  2. African Union (AU)
  3. Economic Commission for Africa (ECA)
  4. African Development Bank
  5. New Partnership for Africa's Development (NEPAD)
  6. Africa-South America Summit
  7. Africa-China Forum/India

Samples - Business in Liberia

ECOWAS Economic Community of West African States

West African Monetary Zone (WAMZ)

Common Market (West African Economic and Monetary Union)

Mano River Union



(c) EENI- Business School & Hispano-African University of International Business