The U.S. Embassy has hailed the signing of a landmark concession and access agreement between Ivanhoe Atlantic, a U.S.-owned company, and the Government of Liberia. Valued at an estimated $1.8 billion, the deal marks a major milestone in Liberia’s economic and infrastructure development.
This partnership aligns closely with President Joseph Boakai’s vision to implement a multi-user rail policy—an initiative aimed at opening up Liberia’s rail system to multiple investors and users to stimulate trade and economic activity. The agreement is not only a leap forward for infrastructure, but a strong signal of growing confidence in Liberia’s investment climate.
The U.S. Embassy emphasized that increased American investment in Africa helps create mutual prosperity, supporting Liberia’s transition from aid dependency to trade-driven growth. With deals like this, Liberia is positioning itself as a key player in West Africa’s development and attracting global partnerships for long-term transformation.