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Liberia to Benefit from Investment Bank Establishment

MONROVIA, LIBERIA-Liberia is among three countries to benefit from the establishment of an investment bank for young entrepreneurs.

The African Development Bank (AfDB) is rolling out the plan in Liberia, Ethiopia and Nigeria, to provide employment across Africa for the youthful population.

The AfDB Vice President, Solomon Quaynor, made the disclosure at a meeting with officials of the Finance Ministry in Monrovia on Tuesday, April 5, 2023.

For his part, Finance Minister Samuel Tweah welcomed the plan and expressed optimism that it will help improve the business systems.

Minister Tweah believes the establishment of the investment bank for young entrepreneurs will not only provide access to finance, but also improve the accounting skills of young entrepreneurs.

By: Jarp Davies/Jerry Byepu

 

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