Tag Archive for 'Liberia'

Jacana merges with InReturn Capital, launches $75m private equity fund for SMEs

Entrepreneurs running small and medium-enterprises (SMEs) in West and East Africa stand to benefit from a new $75m private equity fund. The announcement follows the news on 29 Jan that two long-term private equity partners – Jacana and InReturn Capital – are merging.

Liberia reaches deal with 2 “vulture funds”

Liberia has reached a deal with 2 “vulture funds” who had taken it to court to repay debts incurred more than 30 years ago. According to a report on the BBC, Liberia is to pay just over 3% of the $43 million (£27 million) that they claimed it owed.

Share and debenture offers in Liberia

According to a report, the Central Bank of Liberia has given local company Cellcom permission to sell convertible debentures and the Liberia Bank for Development and Investment (LBDI) to sell shares although there is no formal stock exchange in Liberia.

Liberia considering stock exchange

Talks have started in Liberia on establishing a stock exchange and the Central Bank of Liberia is set to play a leading role, according to CBL Executive Governor Dr. J. Mills Jones.