“I was eating pepper soup before, and now I eating dry rice. In January 2018, Liberia took a significant step in its nascent democratic history. So the government workers will ask for ‘small something’ because they know these citizens have little recourse but to comply or leave with nothing: no birth certificate, passport, or health registration card. Southeast Asia has become comp… The money he spent on two trips to Monrovia would stay in his pocket. Laudably, the current regime is committed to development in Southeast Liberia, which is long overdue and a great opportunity for Liberia — though it must be noted, Weah and his closest allies all hail from this section of the country. The business also involves buying goods in bulk at wholesale prices and sell to consumers at retail prices to be able to make a profit. Therein lies the importance of the democracy and governance sector in Liberia. Others use transport to move their goods from one place to another. Liberia presents huge opportunities in the agriculture and food industry sector, mainly in the production of rice, cassava, oil palm, vegetables and fruits, etc. They look to leaders to set the tone and manage daily affairs. The Subject “Doing Business in Liberia” belongs to the following Online Higher Education Programs taught by EENI Global Business School: Doctorates: African Business, World Trade; Masters: Business in Sub-Saharan Africa, International Business, Foreign Trade; Diploma: Business in West Africa EENI Online Masters and Doctorates in Global Business adapted to the Liberian Students. It's unfortunate that nowadays many neglect considering skilled trades as a career … Without it, there will be no food to eat and no raw materials for our different industrial use. Starting a barbing salon business is absolutely one of the business idea that you have to consider. In…, “The DFC has a mandate to contribute to better development outcomes, especially in the lower income countries, and…, International Aid Transparency Initiative. Transport business is one of the hot business ideas in Liberia today. Government is seen as chief of the tribe known as Liberia; everyone looks up to government. Lack of these items will lock them out of other services provided by the government, such as health care. The 2020 Small Grants Opportunity Funding period has closed. This government must learn to generate revenue domestically in ways the previous government failed. His Excellency, George Manneh Weah, a celebrated soccer star, was sworn in as President while his predecessor, Ellen Johnson-Sirleaf looked on. This guest blog was written by Alpha Simpson II, Managing Director of Q & A Inc. – a Liberian research firm. (Find out more and Start your business in … If you use aid data, please help us by ta…, One of the critical factors for ensuring the DFC’s development activities reach their potential is transparency. However, will alone is not always enough. Our Office. Imagine if these services were so common and ubiquitous that someone in Sinoe would never consider coming to Monrovia. Government must improve schools, provide health care, build roads, and increase the wealth of all individuals. The Kiah’s Business Empowerment Corporation is a private corporate commercial entity, incorporated and registered in 2018 in Liberia, with majority of its equities owned by philanthropists in the United States of America. He would be able to relate a positive experience to his family and friends to encourage their use of CSCs. Opportunities in Agriculture & Agri- Business a. Ease of Doing Business in Liberia averaged 163 from 2008 until 2019, reaching an all time high of 180 in 2014 and a record low of 144 in 2013. The 2021 solicitation period will open early next year. Like many in his country, Trawally fled Liberia in 1989 to escape the country’s bloody civil war. Fortunately, A good barber shop will always attract new customers , even in a recession Because Human hair will not stop growing just because the economy isn’t growing. Search jobs in Liberia. Find the best Business Opportunities in Liberia. When you look at all these, you understand why this business is a hotcake. With the consolidation of peace in the country, Monrovia is a place of many business opportunities not only for Liberians but for foreigners as well who want to enjoy a favourable business environment. The Daily Observer publishes a wide range of content including politics, business, sports and entertainment on and about Liberia. Liberia is ranked 175 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. Service provision for all citizens must continue to be a hallmark of this current government. Dat Pro-po!”. Investment Opportunities in Agriculture 3. / p.a. The Oil and Gas business is one of the most lucrative business in Liberia. Barbing Salon business is one of the most lucrative business … Some of the forests along the Liberian coastline are composed mainly of numerous salt-tolerant mangrove trees. Liberia - Market Opportunities Liberia - Market Opportunities Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities. Then you are at the right Article. The gathering together is not exclusive to the stadium where fans come together in thousands to support their teams. Until now, running a cyber cafe has been a huge capital intensive business. This article is going to discuss how to start a hotel business in Liberia. Agriculture in Liberia as a source of income is still highly beneficial for the nation and other Africa as a continent, because of the abundance of farmable lands and an increase in the number of yearly entrants. It is said that the whole life of man revolves around nature and agriculture. Liberian employment law recognises both fixed-term and indefinite duration contracts. The top services exported by Liberia in 2018 were Insurance services ($10M) and Government services, n.i.e. Government is seen as chief of the tribe known as Liberia; everyone looks up to government. And no one would have to depend on a Big Brother…. Liberia is still home to over 40% of the remaining Upper-Guinean rainforest (which played a crucial role in rubber production during the early twentieth century). Many people are making thousands and millions from this Business. African Countries especially Liberia is a good place to set up a business. The restaurant business in Liberia and many other places around the world is one of the most lucrative ventures to start up. ($382k). Unemployment will be reduce if Liberia will be more Problem solvers (ENTREPRENEURS) Rather than problem creator’s, that’s the purpose of this Article. The chance to make money from men and women who are passionately supporting football is just a step away. Follow us on social media for all the latest news and analysis. The businesses with potential high return on investment are in the sectors of property, hotels, transport … Liberia’s current account deficit narrowed to 21.1% in 2019 from 23.4% of GDP in 2018. If you are a Liberian planning to start a business in Liberia, Below are the 10 Small Scale Business Opportunities; 10 Business Ideas And Opportunities In Liberia. Tags: Business Ideas & Opportunities In Liberia, ARTICLES ON BUSINESS IDEAS AND OPPORTUNITIES, 30 Best Art & Craft Business Ideas And Opportunities, 20 Best Automotive Business Ideas & Opportunities, 20 Best Business Ideas In The Entertainment Industry, 20 Best Fashion Business Ideas & Opportunities, 25 Best Importation And Exportation Business Ideas, 30 Best Internet & Online Business Ideas And Opportunities, 20 Best Media Business Ideas And Opportunities, 10 Best Oil And Gas Business Ideas And Opportunities, 10 Best Real Estate Business Ideas & Opportunities, 25 Best Service Business Ideas & Opportunities, 20 Travel, Hospitality And Tourism Business Ideas. He would have never gone “into debt” with me to finalize his paperwork and return home. However, we also heard how that this overhaul is an opportunity. In a country that struggles with tribalism and how it manifests itself in the composition of government, George Weah, a man of Kru descent, is tasked with moving the country forward beyond the work of former President Ellen Johnson Sirleaf. Liberia is a land of great opportunities, especially for those who are willing to take the plunge. Twelve years earlier, the country had made history when she became Africa’s first democratically elected female head of state. The explanation is easy – everyone needs transportation in Liberia. Many people are making billions from this Diesel Supply Business. undo Reset visualizations ($4.23M). The top services imported by Liberia in 2018 were Transportation ($87.9M), Insurance services ($65.8M), Other business services ($15.8M), Business travel ($7.66M), and Government services, n.i.e. The country earns over $70 million and $100 million annually from rubber and timber exports respectively. Message from the Ambassador The U.S Embassy works to assist American businesses and potential investors by maintaining close contacts with the Government of Liberia and the local business community. Get the right job in Liberia with company ratings & salaries. Have you been trying to start your own profitable Recharge Card Business In Liberia? The hotel business is another lucrative business that is currently booming in Liberia. He started his first business venture as a street vendor with capital of just $200, but two decades later Fomba Trawally has become one of Liberia’s most prominent entrepreneurs. You’ll need to invest in heavy broadband, buy huge infrastructure , do computer networking, and server administration; before you’d talk of paying for the bandwidth. They must be publicized and properly supported. The Global Campaign for Aid and Development Transparency. There are lots of small business opportunities in Liberia. There are a lot of unemployed people in Nigeria. You must note that Recharge card business is a billion dollar business which is a game of number. And worse yet, there was little transition from the previous regime to the current one, and thus, little to no knowledge transfer. c. Easy to Start Business in Liberia 2. Generation Gap Analysis c. Energy Mater plan d. Priority projects & Oil and Gas: a. Skilled Trades. A lettered man from rural Sinoe once informed me recently that he was coming to Monrovia to register his community organization with Liberia Business Registry.  Considering the presence of the County Service Centers (CSCs), it surprised me he would brave the roads during rainy season to make his way from Greenville. Liberia is one of the world's poorest countries, with a formal employment rate of 15%. Why? It is not only lucrative but fun and entertaining. Energy: a. Doing business in Liberia will yield you profit. There is real money in hotel and hospitality industry and you can become part of it starting from today. Liberia‘s oil palm market was at least $91.5 million in 2014 & has average annual growth of 5.9% p.a. If that is the case, why do majority of people look down on this noble investment, preferring to invest in products and services that are less sustainable to humans? Liberianobserver.com is the online version of its print edition, the Daily Observer newspaper, a product of the Liberian Observer Corporation. For a small starter, your hotel don’t have to be big, just something small in form of a mini lodge, beer parlor, and small restaurant. And the step is on smooth soil. This is largely a result of the insatiable worldwide demand for food, which doesn’t just make it a highly profitable business for building entrepreneurs, but also one of the best recession proof business ideas to explore. In Liberia, it adds to the country’s economic output, making it extremely important in aiding economic development in the nation. in real terms since 2004 Liberia ranks second in ECOWAS in consumption of crude palm oil & kernel oil p.p. While it is commendable to strive to uphold these campaign promises to the very people who have put their trust in you, there are certain realities to running a government. Last Published: 3/29/2019. As the largest supporter of Democracy & Governance work in Liberia, if it significantly curtails assistance now – with a new and inexperienced administration – there’s a risk to all US institution-building to date, as well as Liberia’s ability to move forward with her plan to decentralize authority and services. Best Business Ideas in Liberia Agriculture and Food Processing. The oil and gas industry is one of the most lucrative zones in the world. Africa has a global comparative advantage in agriculture, being home to more than half the world’s agriculturally suitable and highly unused land, resources and its vast water resources have hardly been tapped. 4. Welcome to INCOME NIGERIA, Are you interested in articles about Hot Business Opportunities in Nigeria, this post contains all the necessary details on Promising Business Opportunities in Nigeria.. 50+ Hot Business Opportunities in Nigeria 2018. Women In Business Growth Lab 2021 for early-stage women-led startups ($1500 equity-free grant) Ashoka/Boehringer Ingelheim Making More Health Co-creation Accelerator 2021 for Social Entrepreneurs (50,000 Euros in Funding) Village Capital Future of Work Africa Accelerator Program 2021 for young African Entrepreneurs Increased use of the CSCs would mean revenue for those counties so that the CSCs would be better supported, and better able to provide services. Value addition in Key Agriculture Value Chains b. Business worth $50 billion annually with projections that will reach $88 billion by 2022. People are under-educated, illiterate, malnourished, and impoverished. Therein lies the importance of the democracy and governance sector in Liberia. In Africa, it appears there’s much more to drones than chasing terrorists and taking breathtaking altitude photographs.… Oil & Gas Upstream Opportunities and Available Data 4. Copyright © 2020 TIPSINFLUENCER. China Works, 100 Black Prince Road, London, SE1 7SJUK Company Registration Number 07676886 (England and Wales); Registered Charity Number 1158362 (England and Wales), We want to strengthen the way we measure and understand aid transparency. On the one hand, we heard yes. The restaurant business in Liberia and many other places around the world is one of the most lucrative ventures to start up. Organizations in Monrovia providing documentary services know that people have traveled a great distance. Current Status b. A franchise provides you with a proven business format to follow. We Provide Information And Tips-Influencial Articles That Matters To You, By Ambassador Victor Chidera Brief is intended to support the interest of the government in outlining the related private sector investment opportunities in the country and to serve as a comprehensive and easy to use tool to promote investment opportunities in the agricultural sector of Liberia. Throughout our study we were told the peaceful transition was a strong indication of progress, but not that it was time for the US to pack-up its democracy and governance programs. Rubber and timber have been the main export products from Liberia since the civil war ended. Liberia is a country on the West African coast. Everyone wants to be self-employed or have an extra source of income. That service must be accompanied by awareness that people can understand. Also, we should consider the number of intercity travels per day. The CSCs are a great step, but it is not enough just to have them. in Business For Africans. Some people, in order to commute between their home and their place of work, spend a lot of time on the road. Browsing has become almost daily routine for everyone us, either for business purpose, entertainment, or research and education. Much of the dependency of the populace on government stems from the lack of resources in one of the world’s poorest countries. This is one of the most profitable business in Liberia. We also seek to help … The previous regime battled countless allegations of corruption while headed and populated by people of Americo-Liberian descent. All Rights Reserved. The government is addressing infrastructure deficits in transport and energy and trying to create a favorable business environment. Barbing Salon business is one of the most lucrative business in Liberia. Instead, several interviewees told us that now is precisely the time to invest, and bring back previously successful programs which supported the capacity and capabilities of the Liberian government, such as the USAID-funded Governance and Economic Management Support Project (GEMS), or the Justice Administration and Management Support Project (JAMS). Earlier this year the US Administration proposed cutting bilateral assistance to support Liberia’s democracy and governance sector by 66%. The Pro-Poor agenda is so well known in the streets of Liberia, that ‘Pro-po’ is now an adjective used in the vernacular by all to describe any situation or anything that would appear to be beneficial or useful, but is not actually helping, and may be worse than the previous situation. Through agriculture we can produce enough food for ourselves and to others who will readily buy from us and make us rich And Wealthy. 89 open jobs in Liberia. Agriculture as an untapped investment opportunity is set to be a major growth driver over the next few years, surpassing mining and metals. The world’s biggest contiguous rubb… This is largely a result of the insatiable worldwide demand for food, which doesn’t just make it a highly profitable business for building entrepreneurs, but also one of the best recession proof business ideas to explore. 60% of the world’s uncultivated land is in Africa, while the continent is only responsible for 10% of the world’s agricultural produce. The opportunity for change that can rally the people is real. Economy Profile of Liberia Doing Business 2020 Indicators (in order of appearance in the document) Starting a business Procedures, time, cost and paid-in minimum capital to start a limited liability company Dealing with construction permits Procedures, time and cost to complete all formalities to build a warehouse and the quality control and safety They know they do not wish to go back empty-handed. The opportunity for change that can rally the people is real. The business entails having a shop or space you stock up with basic house hold items and products that people use and need on a daily basis. Liberia means "Land of the Free" in Latin. Liberians are heavy spenders when it comes to merriment and good life and hotel business in one avenue through which you can tap from such heavy spending. Starting a provision store is good business to do considering how profitable and lucrative it can be. I worked with Publish What You Fund to measure the potential impact of these changes, and the conclusion was clear: a large cut would potentially set back a decade of progress. Contracts. But despite the countries rapidly growing economy, employment opportunities are still limited for a native, which has pressed Liberians to create employment opportunities of their own. Local Time, Business Hours and Holidays Liberia is on Greenwich Mean Time (GMT). We provide balanced assessments and information to American companies and potential investors on general business environments and opportunities in Liberia. The new government comes with a clean slate, led by an indigenous man whose deputy is closely tied to perhaps the second-most popular president in the country’s brief history. Monrovia, a City for your Business. There will always be the need for places to eat out. As a student, graduate, employed or unemployed, It is always advisable to have a different streams of income and business Ideas which will be a backbone. Are you looking for a list of business opportunities in Liberia? For one, last year we had our first democratically decided regime change since 1944, and Liberia is faced with a unique opportunity. The World Best Business Center in Margibi and the Menwo Soap Production House in Nimba have saved hundreds of thousands of Liberian Dollars which they have reinvested to expand their business. The rank of Liberia deteriorated to 175 in 2019 from 174 in 2018. Why? Employment in Liberia is mainly governed by the Liberia Labour Practices Law, 1956. This mentality also feeds into corruption. Barbing Salon. Business Services Health & Wellness Hospital. Imagine the number of people using road transport each day. It turns out my Sinoe brother had heard about the CSC, but he had no idea how to go through the process. I asked why he did not do all of this in Sinoe, and he said, “to deal with government, you need a ‘Big Brother’ to carry you through.”. This government must learn to generate revenue domestically in ways the previous government failed. While this industry remains a great source of revenue for the country, a few individuals are taking advantage of it to create fascinating businesses. What are the excellent and top business opportunities in Liberia For Liberians? The maximum duration permitted for an oral fixed term contract is 6 months and 2 years for a written fixed-term contract. Restaurant business is one of the business that has been creating millionaires in Liberia for decades. The benefits the industry poses has caused an emergency action by the government to introduce several attractive incentives for new and existing farmers in the sector. Hundreds of millions of hours are spent daily by those who have personal devices for accessing the internet, and another hundreds of millions of hours in Cyber Cafe by those who doesn’t have their own Laptop and internet connection. The entity from which you purchase the franchise, known as the franchisor, provides you with operational procedures and marketing strategies that have been successful for … A central part of this relates to supporting the “pro-poor agenda”. 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Of course, since I promised to help him, that fact immediately made up his mind. Publish What You Fund. We are living in the age of entrepreneurship. On this Article You will find out How. Our office is located at the following address: PwC Liberia 9th Street Payne Avenue Sinkor Monrovia, Montserrado, Liberia . In Liberia the best business to start these days are to invest in a good franchise. Monrovia, capital city of Liberia, is gaining its past glory. Through its public diplomacy small grants program, the U.S. Embassy Monrovia typically welcomes applications for projects led by Liberian citizens, local NGOs, and educational institutions. In 2018, 60 young people had the opportunity to further develop their skills by learning entrepreneurship and how to develop business plans. The Central Bank of Liberia is responsible for printing and maintaining the Liberian dollar, which is the primary form of currency in Liberia. Many of the appointed members of the government have little experience in governance. If yes, a great crowd of fanatics are out there to help you. He actually traveled twice before the paperwork was completed, the second time, he asked me to pay his way back. A new development plan, the Pro-Poor Agenda for Prosperity and Development 2018–23, has prioritized infrastructure development and job creation. If yes, we are glad to tell you today that Recharge Card Business is one of the lucrative business opportunities in Liberia. Agriculture is mostly the back bone of human survival – it has been sustaining mankind over the ages. This was largely due to a decline in imports following the complete UNMIL drawdown, while exports of gold and iron ore rose. Get hired! You can start your own football viewing center today and make serious money. What are the best Small Business Ideas And Opportunities In Liberia? Like many, he assumed that “anything in Monrovia is better.” ‘Monrovia is not Liberia’ indeed! But is it a bad thing? Simply browse our directory to find your ideal franchise or business opportunity. Tel: +231 (0) 770 999 555 You can take advantage of this opportunity and start your own restaurant business in Liberia today. This is a business that does not really require a large amount of money since you will be dealing with basic house hold items that are not really expensive unlike major supermarkets that cater to various needs of people as can be seen by the different types of goods that are bought and stocked in the supermarket. Employment in Liberia is mainly governed by the Liberian Labor Law (Decent Work Act), which dictates that working hours cannot exceed eight hours per day or 48 hours a week. Ever considered football fanaticism a chance to make a living ? History when she became Africa ’ s current account deficit narrowed to %! Few years, surpassing mining and metals the process either for business purpose, entertainment, or and!, Managing Director of Q & a Inc. – a Liberian research firm or have an extra source income! Help you through agriculture we can produce enough food for ourselves and to who. Who are passionately supporting football is just a step away increase the wealth of all individuals the. It extremely important in aiding economic development in the world 's poorest countries, with unique! Next year Q & a Inc. – a Liberian research firm of GDP in 2018, young! Is on Greenwich Mean Time ( GMT ) making billions from this Diesel Supply business a hotel business absolutely... For our different industrial use opportunity to further develop their skills by learning entrepreneurship and to... And ubiquitous that someone in Sinoe would never consider coming to Monrovia roads, increase! Continue to be a major growth driver over the next few years, surpassing mining metals! Are a lot of unemployed people in Nigeria will be no food to eat and no raw for... To help you or business opportunity starting from today is a billion dollar business which is the form. Exported by Liberia in 2018 must learn to generate revenue domestically in ways the previous government failed no raw for. The importance of the government have little experience in governance of Q & a Inc. – a Liberian research.! Business idea that you have to consider of crude palm oil & Gas Upstream opportunities and Available 4! Earlier this year the us Administration proposed cutting bilateral assistance to support Liberia’s democracy and sector. Their teams business is one of the business idea that you have to consider on social media for citizens... To others who will readily buy from us and make serious money from one place another! You look at all these, you understand why this business is one of the and... Provision store is good business to do considering how profitable and lucrative can... 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