GUINEA ATTRACTS BILLION-DOLLAR INVESTMENTS WHILE LIBERIA STRUGGLES: WHERE IS BOAKAI’S ECONOMIC DIPLOMACY?
MONROVIA — While Guinea is pushing ahead with major mining and infrastructure agreements worth billions of dollars, questions are mounting over why Liberia, despite its rich natural resources, is struggling to attract more large-scale investments capable of creating jobs and transforming its economy. The contrast presents an important challenge for President Joseph Nyuma Boakai’s administration, which came to power promising economic transformation through its ARREST Agenda for Inclusive Development. At the centre of Guinea’s investment drive is the massive Simandou iron ore project, one of the world’s largest untapped high-grade iron ore deposits. The project involves international mining companies, railway construction and port development, creating opportunities beyond mineral extracti…
