Resources - Africa

Liberia

Liberian Business Association

The Liberian Business Association of the Americas (LIBA) was founded in 2007 in Maryland, the USA, as an independent business entity with its foremost objective to aid, counsel, assist and protect the interests of Liberian own businesses in the United States while at the same time working to preserve free competitive enterprise and strengthen the overall economy of Liberia.   The Association restructured in 2016 in Minneapolis. The first president of the association was Mrs. Hawa Johns.

LIBA recognizes that business is critical to our economic recovery and strength, to building Liberia’s future, and to helping Liberia compete in today’s global marketplace.

https://www.export.gov/article?id=Liberia-Principle-Business-Associations

There are several business associations, trade unions, and professional bodies in Liberia. Some of the major business associations include the following:

• Liberia Chamber of Commerce (LCC)

• Liberia Business Association (LIBA), no local website but you can access LIBA USA

• Concern Liberian International Business Organization (COLINBO)

• Coalition of Liberian Business Associations (COLBA), no website

• Liberia Bankers Association (LBA), no website

• Liberia Marketing Association, no website

• Association of Liberian Construction Contractors (ALCC), no website

• Engineering Society of Liberia (ESOL)

• Patriotic Entrepreneurs of Liberia, no website

• Association of Liberian Professional Secretaries & Clerks (ALIPROSEC), no website

• Liberia Timber Association (LTA)

• Liberia Labor Congress, no website

http://www.libausa.org/

African Development Bank Knowledge Products:

• https://www.afdb.org/en/countries/west-africa/liberia/liberia-knowledge-products/

• https://www.ifc.org/wps/wcm/connect/ea80d20043d0bcdaa54bbd869243d457/WB+Liberian+Women+4-1-14+web.pdf?MOD=AJPERES

• http://www.thepatrioticvanguard.com/doing-business-in-liberia

• https://lr.usembassy.gov/business/

Liberia Economic Outlook

Economic growth has stagnated in Liberia since 2014 due to low commodity prices and the Ebola outbreak in 2014–15. After estimated growth of 0.7% in 2014 and 0% in 2015, the economy contracted 1.6% in 2016. A modest pickup in gold exports supported growth at an estimated 2.6% in 2017. Further gold and iron ore expansion, commercial palm oil production, and normalization of investment after the political transition are projected to support a growth rate of 3.9% in 2018 and 5% in 2019. Nevertheless, medium-term growth is expected to remain below pre-Ebola levels of over 7%.