A $200 Million Lost Opportunity: Turning Liberia’s natural-resource windfalls into national wealth
THE GOVERNMENT of Liberia recently received a $200 million signature bonus from ArcelorMittal in connection with the extension of its Minerals Development Agreement. Under the agreement, the government is expected to receive an additional $100 million in 2027, $100 million in 2028, and another $100 million in 2029, bringing total signature-bonus payments to $500 million. […]