Monday, September 4th, 2023
House Joint Committee Commences Public Hearings on Restated and Amended MDA between GoL and Bea Mountain Mining Corporation
The House Joint Committee on Natural Resources and Concessions has officially commenced public hearings to review and assess the Restated and Amended Mineral Development Agreement (MDA) entered into by the Government of Liberia and Bea Mountain Mining Corporation. The public hearings, according to the House Press and Public Affairs, which began on Monday, 4 September, mark a significant step in ensuring transparency, accountability, and public participation in the management of Liberia’s valuable mineral resources. The House Joint Committee, composed of members from Mines, Energy & Natural Resources, Investment and Concessions,Read More
African Energy Week 2023’s Invest in Nigeria Energies to Unlock Opportunities in Africa’s Energy Powerhouse
CAPE TOWN, South Africa, September 4, 2023/ — Nigeria is blessed with significant oil and gas reserves, making it one of the largest producers and exporters of hydrocarbons in Africa. Despite this status, opportunities for investors and project developers continue to grow, owing largely to efforts by the government to mitigate production decline, bolster electrification and industrialization while consolidating the country’s position as a regional powerhouse. With the aim of connecting investors to Nigeria’s evolving energy prospects, this year’s edition of the African Energy Week (AEW) conference will host ‘InvestRead More
African Oil and Gas Exploration is Going Strong
(By NJ Ayuk) 2023 has been another banner year for African exploration, with half a billion barrels of oil equivalent (bboe) in recoverable oil and gas reserves found around the continent to date Access Multimedia Content Despite the call heard ’round the world commanding the global business community to divest from fossil fuels and shrink their carbon footprints in the name of net zero, international oil companies (IOCs) still recognize Africa as their next frontier. As detailed in the African Energy Chamber’s recently released report, “The State of African EnergyRead More
CBL Rejects Allegations of Unauthorized Withdrawal from the Bank
The Board of Governors and Management of the Central Bank of Liberia (CBL) refute a Spoon live talk show claim on August 31, 2023, alleging unauthorized withdrawal of funds from the CBL. CBL rejects the allegations as untrue; and outlines the following steps in the encashment of checks as part of its procedures, processes and controls to avert unauthorized disbursement: Ensures the availability of funds Verify signature Seek confirmation from issuer Approval by authorized signature Encashment of checks Given these steps, under no condition or circumstances can a single individual Read More
‘Join Hands With Me To Push Liberia Higher,’ – President Weah Urges Bassa Citizens
Grand Bassa County – The President of Liberia and Standard Bearer of the Coalition for Democratic Change (CDC), H.E. Dr. George Manneh Weah, on Saturday, September 2, crisscrossed some of the remotest parts of Grand Bassa County in continuation of his citizens’ engagement tour ahead of October’s polls. President Weah endured rough and challenging road condition for hours in order to reach several towns and villages in the county, including Gbassigiar Town in St.John, Gorblee or Compound 3, as well as LAC in Electoral District 4 – in Wee StatutoryRead More
Africa’s youth biggest asset for the continent and the world, say Kenya’s President Ruto and African Development Bank’s Adesina
NAIROBI, Kenya, September 4, 2023/ — Hundreds of young people from across Africa are demanding a significant role in decision making for climate action. Youth leaders, entrepreneurs and policymakers presented the Africa Youth Climate Assembly Declaration to Kenya’s President, William Ruto, and African Development Bank Group President Dr Akinwumi Adesina. The Declaration, which was the culmination of the Africa Youth Climate Assembly held in Nairobi from 1-3 September, advocates for the accelerated establishment of a Global Green Bank and a New Global Financial Pact (https://apo-opa.info/3PuSLk1), aiming to prioritise young peopleRead More
Joe Boakai Warns Against Re-electing Pres. Weah
Former Vice President Joseph Boakai who doubles as the Presidential candidate of the former ruling Unity Party, is calling on Liberians not to give President George Weah and his administration a second term. He said providing a second term will amount to giving the regime a matching order to further destroy the country and its citizens. Speaking during a campaign tour in Montserrado County District 14, on Sunday, Boakai said his administration is coming to address the constraints facing the nation and its people. He said if elected, his administrationRead More