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"This inaction has led to a stalemate, with HPX warning that it may be forced to consider alternative export routes thro...
23/08/2024

"This inaction has led to a stalemate, with HPX warning that it may be forced to consider alternative export routes through Guinea. Such a move would result in Liberia losing HPX as a cornerstone user of the existing rail and port infrastructure and, consequently, the planned Liberty Corridor—an economic development project with significant implications for the region."

Read the full article: https://liberianeconomy.com/delays-in-multi-user-agreement-jeopardize-millions-in-hpx-investments-in-liberia/

"The acquisition of 285 yellow machines by Boakai’s administration has stirred significant controversy, with increasing ...
16/08/2024

"The acquisition of 285 yellow machines by Boakai’s administration has stirred significant controversy, with increasing demands for transparency.

The secrecy surrounding the procurement process has also led to public outcry, particularly regarding the lack of information from the Executive on how these machines were acquired."

Read the full article: https://liberianeconomy.com/liberia-yellow-machines-gate-national-orator-urges-pres-boakai-to-change-course-on-285-earth-moving-equipment/

"HPX engineers recently completed a comprehensive due diligence trip to Buchanan Port, focusing on its technical and ope...
08/07/2024

"HPX engineers recently completed a comprehensive due diligence trip to Buchanan Port, focusing on its technical and operational viability for future use. The team met with port management and staff to assess current conditions, identify potential deficiencies that could hinder operations, and explore ways HPX can provide assistance."

Read the full article: https://liberianeconomy.com/hpx-engineers-conduct-due-diligence-trip-to-buchanan-port-amid-recent-movement-on-the-rail-multi-user-agreement/

"ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs, dealing anoth...
07/12/2023

"ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs, dealing another blow to the continent’s third-biggest economy.

South Africa’s failing power and transport systems as well as a skills deficit are thwarting efforts to revive the economy, with electricity outages and logistical bottlenecks hobbling the country’s industrial base."

Read the full article: https://liberianeconomy.com/aml-cuts-3500-south-africa-jobs-as-demand-craters/

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