President Joseph N. Boakai has committed Liberia to the AfCFTA agreement at the ECOWAS Summit, indicating that the country’s programs are aligned with the initiative.
By Lincoln G. Peters
Abuja, June 23, 2025: President Boakai, while pledging Liberia’sPresident, Joseph N. Boakai’s has pledged Liberia’s support to the African Continental Free Trade Agreement, noted that Liberia is investing in road networks and port infrastructure to support the seamless movement of goods and services across its borders.
Addressing the West Africa Economic Summit (WAES) 2025 at the Abuja International Conference Centre, Saturday, June 21, 2025, President Boakai said that the Summit, being held in the ambience of the Community’s Golden Jubilee, provides a vital platform for reflection, coordination, and renewed commitment to the economic transformation of the sub-region.
According to him, even after 50 years of the regional body’s existence and work, the challenges they face are still present and complex, but they are not insurmountable.
” As we chart a path toward economic renewal, consistent with the well-thought-out theme of this Submit, Liberia strongly supports the African Continental Free Trade Area as a transformative platform for economic integration. Our budgetary priorities are increasingly focused on sustainable agriculture and rural transformation, aligning with the AfCFTA’s goals. We are investing in road networks and port infrastructure to support the seamless movement of goods and services across our borders,” President Boakai noted.
On June 21, 2025, President Boakai joined several African leaders at the West Africa Economic Summit (WAES) 2025 held in Abuja International Conference Centre, Abuja, Federal Republic of Nigeria.
The gathering was graced by Bola Ahmed Tinubu, GCFR, President of the Federal Republic of Nigeria and Chairperson of the ECOWAS Authority of Heads of State and Government.
The program was also graced by esteemed Leaders of the ECOWAS Commission, Ministers, representatives of International Organizations, the Private Sector and NGOs and trade Representatives, among others.
The Liberian leader further indicated that these actions reflect Liberia’s determination to play an active role in the regional and continental value chain, while adding that Liberia has also identified several priority sectors for strategic investment:
“Agriculture, where we seek to scale productivity, increase food security, and promote agribusiness. Ports and Logistics, where efforts are underway to modernize the Free Port of Monrovia and other key gateways to improve competitiveness and trade efficiency. Energy, where we are expanding access to affordable and reliable electricity to support economic diversification and industrial development. Digital Economy, where we are investing in infrastructure and human capital to enable innovation and position Liberia as a destination for technology-driven enterprise.” President Boakai disclosed.
He further pointed out that Liberia is working in close coordination with ECOWAS and the Mano River Union to harmonize policies, reduce trade barriers, and enhance competitiveness.
” Through the implementation of our recently launched ARREST Agenda for Inclusive Development, Liberia is pursuing comprehensive reform to foster economic growth, strengthen institutions, and improve public service delivery. Our vision is to transform Liberia into a stable, transparent, and attractive destination for private sector investment and inclusive development” he concluded.
