Doing Business in Liberia
EENI - Business School.
Subject (Course): International Trade and Business in Liberia - Monrovia:
- Introduction to the Republic of Liberia (West Africa).
- Doing Business in Monrovia
- Liberian Economy
- Business and Investment Opportunities in Liberia:
- Road and Coastal Transport
- Fruits and Vegetables
- Case Study: Ellen Johnson-Sirleaf
- International Trade of Liberia
- Ports of Liberia. Freeport of Monrovia.
- Liberia Maritime Programme
- Access to the Liberian Market
- Business Plan for Liberia
Objectives of the subject “Doing Business in the Republic of Liberia”:
- To analyse the Liberian economy and foreign trade
- To evaluate business opportunities in the Republic of Liberia
- To explore Liberia's trade relations with the student's country
- To know Liberia's Free Trade Agreements
- To develop a business plan for the Liberian Market
Sample of the subject (Doing Business in Liberia):
Subject Description (Doing Business in Liberia).
The Republic of Liberia.
Liberia: towards a leading maritime country.
A country with a President with the Nobel Peace Prize (Ellen Johnson-Sirleaf).
- Borders of Liberia: Sierra Leone, Guinea, and Ivory Coast.
- Capital: Monrovia (29% of Liberian population)
- Liberian Population: 4 millions of people
- Liberian official language: English.
- Liberia was founded in 1822 by US African-Americans
The main religion in Liberia:
- Christianity (86%)
- Islam (12%)
Liberia belongs to the West African Economic Area of the African Civilisation.
The Liberia Maritime Programme:
- Liberian GDP growth: 8.1%
- Agriculture, fisheries, and forestry sector represent 33% of Liberian GDP
- The industrial and manufacturing sector: 25% of GDP
- Services sector: 44% of GDP
- GDP per capita growth: 4.4%
- The inflation: 6.6%
- Top Liberian sectors: iron ore exports, construction, and services
- Top export products: iron, diamonds, timber, rubber, cocoa, and coffee
- Top export partners: China, the United States, Spain, Thailand, and Ivory Coast
- Foreign direct investment: 1.354 billion dollars
- Top sector attracting FDI: iron ore, forestry, rubber, and palm oil
- Currency: Liberian dollar
- Participates in the Economic Community of West African States (ECOWAS) Common External Tariff (CET)
- Freeport of Monrovia is the largest port in Liberia (West African ports)
- Liberia is the second-largest ship registry in the World
Access to the Dakar-Lagos Corridor
Liberia has preferential access to the markets of.
- Economic Community of West African States (ECOWAS)
- West African Monetary Zone (WAMZ)
- African Growth and Opportunity Act (AGOA US)
- Trade Agreement with India
- The European Union: Generalised System of Preferences/Cotonou Agreement
Liberia is a member of:
- Mano River Union
- African Union (AU)
- Economic Commission for Africa (ECA)
- African Development Bank
- New Partnership for Africa's Development (NEPAD)
- Africa-South America Summit
- Forum Africa-China/India