The US State Department’s 2022 report on Liberia said the country’s fishing industry which had been long dormant compared to pre-war levels, was making advancements that could make it more appealing for investment under President Weah’s government.
The National Fisheries and Aquaculture Authority (NAFAA), confirmed this through its press release and noted that the US Department of State had recognized the agency’s efforts to return Liberia’s fisheries to their pre-war condition.
Part of the press release added that the government of Liberia, through the National Fisheries and Aquaculture Authority, had made significant changes and enhanced investment and regulatory frameworks in order to make the sector appealing.
Further, it stated that the US State Department assessment also showed that Liberia has wealth of natural resources, including vast tracts of potentially productive agricultural land and abundant rainfall to support agribusinesses despite the country’s many investment hurdles.
