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Liberia needs Africa Corporate Council investment-Prez Sirleaf

By Moses Sonkarlay
The Liberian Leader, President Ellen Johnson-Sirleaf
The Liberian Leader, President Ellen Johnson-Sirleaf

(mylbsonline/Liberia)-President Ellen Johnson-Sirleaf is urging companies in the United States to invest in Africa.

President Johnson-Sirleaf made the statement Monday, May 20, 2013 when she addressed a meeting of the Corporate Council on Africa’s New Liberia Working Group in Washington, DC, the United States of America.

The President said, “Investors from Asia, China and Europe have seen what   Liberia’s great potentials are and responding”.

During the May 20, 2013 Washington DC’s meeting, President Sirleaf appealed to US companies to invest in the Liberian economy, especially in construction, electricity, housing, among others.

Speaking on the topic, ‘Private Engagement for Liberia’s Economic Future’, President Johnson-Sirleaf reminded the audience about her administration’s effort to rebuild a devastated country as a result of the Liberian civil war.

She said: “I am pleased with the Liberia Working Group, but want you to quickly identify areas where US businesses would invest.”

“Regional security and investment climate between Liberia and Côte d’Ivoire have been possible as we have managed to contain potential problems on the border,” the President added.

We managed to contain the problems, due to high level cooperation between the security and intelligence forces of the two countries, with support from UNOCI and UNMIL Peace Keeping Forces.”

The Liberian Leader noted: “What is still needed is peace promotion and reconciliation between the two ethnic groups on both sides of the border.”

For his part, the President and CEO of the Corporate Council on Africa, Stephen Hayes, disclosed that the Council will hold its ninth biennial U.S.-Africa Business Summit, in Chicago, in October, 2013.

The pending Chicago biennial summit will discuss ways and means in which U.S. companies would do business in Africa. 

Former U.S. envoy to the United Nations, John Negroponte, reiterated the positive roles by the Security Council and the US in restoring peace to Liberia.

Responding, President Johnson-Sirleaf thanked Ambassador Negroponte for being a part of the peacekeeping effort, saying: “It was the presence of peacekeeping forces that secured Liberia’s stability.

This gave the country the opportunity to rebuild its own security forces.”


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