France, Liberia Economic Cooperation Strengthened

By Julius Konton

President Joseph Nyuma Boakai, has called on French businesses to take advantage of the new investment openings in Liberia.

Boakai meanwhile, pledged a transparent and investor-friendly environment as his government pushes economic revitalization.

He made the disclosure on Friday at an Economic Roundtable in Paris, hosted by the Mouvement des Entreprises de France (MEDEF), France’s largest employer federation, Pres. Boakai positioned Liberia as a rising destination for trade and investment in West Africa.

Friday’s meeting brought together senior executives from prominent French corporations, including TotalEnergies, Vinci Construction Grands Projets, Bureau Veritas, Sunna Design, Group Ragni, Group Qair, IKA Technology, AVRIL, Matiere, and Orange/Sharp Vision.

In his presentation, Pres. Boakai highlighted Liberia’s development strategy, the ARREST Agenda for Inclusive Development, prioritizing: agriculture, roads and infrastructure, rule of law, education, sanitation and tourism.

He said Liberia is undergoing reforms to create a more predictable investment climate and restore international confidence.

“Liberia is embracing a new beginning rooted in self-discipline, reconciliation, and an uncompromising fight against corruption,” Boakai told the gathering.

To deepen commercial ties, Pres. Boakai proposed the creation of a Liberia, France Joint Chamber of Commerce to serve as a permanent platform for investment dialogue, and partnership coordination. The proposal received strong support from MEDEF International and business executives present at the Roundtable.  Both countries’ ambassadors will work together to finalize the framework. Pres. Boakai thanked French firms currently operating in Liberia; acknowledged their contribution to job creation and infrastructure development. “Please do not judge us by the past. The culture of Liberia is not dishonesty. Give us the chance to prove that today marks a new day for Liberia,” Boakai told the gathering.  Business leaders commended the President’s message; described it as direct, sincere, and reflective of a clear policy shift.

At the close of the session, MEDEF International announced plans to send a high-level French business delegation to Liberia in early 2026, to assess investment opportunities and advance discussions initiated in Paris.