Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
Tonia Dabwe, founder & chair of Mineke Foundation.
Winner, International African Woman of the Year award.
Project manager ...
LIBERIA: a country located on the West coast of Africa.
Independent since 1847. Median age: 19.
www.minekefoundation.org
Liberia is currently one of the poorest countries in the world.
Unnecessarily.
www.minekefoundation.org
Population: 3,8 mln (2013).
Poverty rate at 56% ('10), but 78% in vulnerable employment.

www.minekefoundation.org
GDP: $1,1 bn ('89) → $548 mln ('05) → $1,5 bn ('12).
Per capita: $502 ('89) → $168 ('05) → $700 ('12).

www.minekefoundati...
Politics: 1st female African president. Free & fair democratic
elections (2017). Fractured opposition. UN peace keepers
(2...
Growth: 9% ('12); 7% ('13); 5% ('14). Iron ore & FDI driven.
Budget: $600 mln ('13). Inflation: 6% ('13). Interest: 16% ('...
Commodity export based economy. Vulnerable to volatility on
world markets. Exports: timber, diamonds, rubber, iron ore,
pa...
Less than 1% of Liberians have access to internet,
mostly due to high costs and low bandwidth.
Low literacy is also a prob...
Infrastructure & utilities devastated.
Low trust country. Optimistic & often opportunistic.
Education standards very low. ...
Investment opportunities: just about anything you can think of!
More specific: financial sector, real estate & constructio...
Financial sector: few banks, low profitability, poorly
capitalised, semi-fragile. NPLs: 15-45%. Liquid asset ratio: 55%.
C...
Real estate & construction: housing needs are huge and vary
from quality low-cost homes to housing for expats. No large
re...
Forestry: half the country is tropical rainforest. 2,3 mln ha
commercial forest. Estimated yield: 750 000 m3 over the next...
Mining: very rich iron-ore deposits. Was major exporter prior
to war. Also: diamonds. Challenges: rehabilitation of railwa...
Oil: off-shore exploration is ongoing and requires heavy
investments. Storage capacity insufficient. The refinery is
defun...
Hospitality: Liberia has beautiful beaches and exotic wildlife.
Hardly any tourism or facilities. High expat demand led to...
Agriculture (tree crops, fruits & vegetables): ideal climatic
conditions for many crops like rubber, oil palm & cocoa.
Cha...
Transportation: sea transport and ground trucking need more
players and services to enhance diversity. Challenges: road &
...
Fishery: 20 000 sq km of coastline, 180 000 MT/yr. Challenges:
traditional methods, lack of skilled labour, infrastructure...
Energy: renewable energy is key. Major hydro potential.
Renewable-based generation of 100MW can reduce US$250M
import of d...
Prioritised sectors: tree crops, fruits & vegetables,
transportation, fishery, and energy. Incentives available for
invest...
So how do you start a business in Liberia? It's all about
relationships and lots of patience.
Verify, verify, verify. Trus...
Incentives for investors include
tax deductions for machinery, hotel or tourist resort,
manufacturing of finished products...
LIBERIA RISING, Agenda for Transformation.
Key element: inclusive growth

The ambition is to become a middle income countr...
Liberia is a country recovering from a devastating war which
lasted from 1989-2003. 60.000 rebels, many child soldiers.
Ov...
The war resulted in a lost generation. Little to no education,
no skills, disconnected from social structures. No future?
In 1968, Dabwe Wiah and Mineke Muilerman settled in an area
that later became known as Dabwe Town. Their vision: teach
Lib...
They started with an experimental farm, growing a wide
variety of produce using organic farming methods.
www.minekefoundat...
Followed by a primary school offering affordable but high
quality education, including basic agriculture. It went on to
be...
Income from the school was invested in the community through
sponsoring, microfinance, infrastructure, and utilities.
www....
On December 24, 1989, a civil war started that lasted for
almost 15 years. Most of their work was destroyed.
My mother, Mi...
OORLOG
LIBERIA: EEN LAND HERSTELLENDE VAN OORLOG
In 2009, I established Mineke Foundation. Objective: to
continue and build upon my parents' dream.
Our philosophy: you are...
Renovation of Damiefa Kindergarten & Primary School

www.minekefoundation.org
Just Say No Club says NO:
– to drugs & alcohol abuse
– to criminality
– to risky sexual behaviour
– to disrespecting elder...
The Just Say No club also organises sports competitions.

www.minekefoundation.org
Vocational training and small business skills training

www.minekefoundation.org
At present: soap making and pastry

www.minekefoundation.org
Strategic plan 2014-2020: more vocational training, business
and NGO partners, education and youth leadership
development,...
So yes, there is a future! But it will take some time to get
there. And it will take time to rebuild trust and skills. Mos...
A life's dream, a life's work
Will you join us?
www.minekefoundation.org
Investment opportunities in Liberia
Investment opportunities in Liberia
Upcoming SlideShare
Loading in …5
×

Investment opportunities in Liberia

847 views

Published on

A presentation that I gave in November 2013, kicking off Classis Capital's business series on Understanding the economy through people. The presentation focuses on investment opportunities in Liberia and Mineke Foundation's work in the country. Topics covered range from infrastructure and utilities to mining, forestry, hospitality, and internet connectivity.

  • Earn on Forex from 25.7% to 300% per month realno.Otkroyte PAMM account LiteForex professional traders, spread their investments are not more control, thereby diversifying risks. Profitability of our managers depends on the style of trade. Choose managers for monthly rates of return. Choose only proven traders with trade experience not less half a year. How to open a PAMM account? Go to the website and click on the banner to the right http://vip-laitforex.net
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here

Investment opportunities in Liberia

  1. 1. Tonia Dabwe, founder & chair of Mineke Foundation. Winner, International African Woman of the Year award. Project manager and advisor. Dutch-Liberian. www.minekefoundation.org
  2. 2. LIBERIA: a country located on the West coast of Africa. Independent since 1847. Median age: 19. www.minekefoundation.org
  3. 3. Liberia is currently one of the poorest countries in the world. Unnecessarily. www.minekefoundation.org
  4. 4. Population: 3,8 mln (2013). Poverty rate at 56% ('10), but 78% in vulnerable employment. www.minekefoundation.org
  5. 5. GDP: $1,1 bn ('89) → $548 mln ('05) → $1,5 bn ('12). Per capita: $502 ('89) → $168 ('05) → $700 ('12). www.minekefoundation.org
  6. 6. Politics: 1st female African president. Free & fair democratic elections (2017). Fractured opposition. UN peace keepers (2015). Corruption. Services. Unemployment. Governance (forestry, palm oil, oil). Small arms. Land disputes. www.minekefoundation.org
  7. 7. Growth: 9% ('12); 7% ('13); 5% ('14). Iron ore & FDI driven. Budget: $600 mln ('13). Inflation: 6% ('13). Interest: 16% ('12). Debt: 14% of GDP ('12). Deficit: 5% of GDP ('13). Highly dollarised economy: 60% of all transations in USD. www.minekefoundation.org
  8. 8. Commodity export based economy. Vulnerable to volatility on world markets. Exports: timber, diamonds, rubber, iron ore, palm oil. Offshore oil exploration. Imports: almost everything, especially rice and oil (fuel). Hardly any manufacturing. www.minekefoundation.org
  9. 9. Less than 1% of Liberians have access to internet, mostly due to high costs and low bandwidth. Low literacy is also a problem. Mobile penetration is 40%. www.minekefoundation.org
  10. 10. Infrastructure & utilities devastated. Low trust country. Optimistic & often opportunistic. Education standards very low. Skilled labour hardly available. 50 000 youth enter labour market yearly. www.minekefoundation.org
  11. 11. Investment opportunities: just about anything you can think of! More specific: financial sector, real estate & construction, forestry, mining, oil, hospitality, agriculture, transportation, fishery & energy. Special attention to MSMEs (outgrowers). www.minekefoundation.org
  12. 12. Financial sector: few banks, low profitability, poorly capitalised, semi-fragile. NPLs: 15-45%. Liquid asset ratio: 55%. Creation of government debt market? Leasing! Challenge: bring people into the formal financial market. www.minekefoundation.org
  13. 13. Real estate & construction: housing needs are huge and vary from quality low-cost homes to housing for expats. No large real estate developer. New industries = construction. www.minekefoundation.org
  14. 14. Forestry: half the country is tropical rainforest. 2,3 mln ha commercial forest. Estimated yield: 750 000 m3 over the next 50 years.1,4 mln ha protected areas. Rubber! Government keen on value-added processes. Challenges: land rights. www.minekefoundation.org
  15. 15. Mining: very rich iron-ore deposits. Was major exporter prior to war. Also: diamonds. Challenges: rehabilitation of railway and port facilities. www.minekefoundation.org
  16. 16. Oil: off-shore exploration is ongoing and requires heavy investments. Storage capacity insufficient. The refinery is defunct. Big opportunity to build and operate a new refinery. www.minekefoundation.org
  17. 17. Hospitality: Liberia has beautiful beaches and exotic wildlife. Hardly any tourism or facilities. High expat demand led to building of expensive hotels ($200+ per night). Challenges: infrastructure and security. www.minekefoundation.org
  18. 18. Agriculture (tree crops, fruits & vegetables): ideal climatic conditions for many crops like rubber, oil palm & cocoa. Challenges: high energy costs, lack of expertise/skilled labour, building an agro-processing value chain. www.minekefoundation.org
  19. 19. Transportation: sea transport and ground trucking need more players and services to enhance diversity. Challenges: road & port rehabilitation, lack of skilled labour. www.minekefoundation.org
  20. 20. Fishery: 20 000 sq km of coastline, 180 000 MT/yr. Challenges: traditional methods, lack of skilled labour, infrastructure and cold chain facilities. Government goal: inclusive growth. www.minekefoundation.org
  21. 21. Energy: renewable energy is key. Major hydro potential. Renewable-based generation of 100MW can reduce US$250M import of diesel. Cost of electricity at $0,52 kWh (African average: $0,18). Challenge: regulatory framework. www.minekefoundation.org
  22. 22. Prioritised sectors: tree crops, fruits & vegetables, transportation, fishery, and energy. Incentives available for investors. Note: foreign nationals cannot own land in Liberia, and are banned from certain sectors. www.minekefoundation.org
  23. 23. So how do you start a business in Liberia? It's all about relationships and lots of patience. Verify, verify, verify. Trust is not always the basis for doing business with foreigners! Money is a strong driver. www.minekefoundation.org
  24. 24. Incentives for investors include tax deductions for machinery, hotel or tourist resort, manufacturing of finished products; exemption from GST and import duty for medical and educational equipment. www.minekefoundation.org
  25. 25. LIBERIA RISING, Agenda for Transformation. Key element: inclusive growth The ambition is to become a middle income country by 2030. Countless opportunities but also many challenges. www.minekefoundation.org
  26. 26. Liberia is a country recovering from a devastating war which lasted from 1989-2003. 60.000 rebels, many child soldiers. Over 200.000 dead, hundreds of 1000s of refugees. www.minekefoundation.org
  27. 27. The war resulted in a lost generation. Little to no education, no skills, disconnected from social structures. No future?
  28. 28. In 1968, Dabwe Wiah and Mineke Muilerman settled in an area that later became known as Dabwe Town. Their vision: teach Liberians to grow their own food; help develop the country. www.minekefoundation.org
  29. 29. They started with an experimental farm, growing a wide variety of produce using organic farming methods. www.minekefoundation.org
  30. 30. Followed by a primary school offering affordable but high quality education, including basic agriculture. It went on to become the third best primary school in Monrovia. www.minekefoundation.org
  31. 31. Income from the school was invested in the community through sponsoring, microfinance, infrastructure, and utilities. www.minekefoundation.org
  32. 32. On December 24, 1989, a civil war started that lasted for almost 15 years. Most of their work was destroyed. My mother, Mineke, went missing. www.minekefoundation.org
  33. 33. OORLOG
  34. 34. LIBERIA: EEN LAND HERSTELLENDE VAN OORLOG
  35. 35. In 2009, I established Mineke Foundation. Objective: to continue and build upon my parents' dream. Our philosophy: you are responsible for your own future. www.minekefoundation.org
  36. 36. Renovation of Damiefa Kindergarten & Primary School www.minekefoundation.org
  37. 37. Just Say No Club says NO: – to drugs & alcohol abuse – to criminality – to risky sexual behaviour – to disrespecting elders – to violence against women Youth Club 'JUST SAY NO' www.minekefoundation.org
  38. 38. The Just Say No club also organises sports competitions. www.minekefoundation.org
  39. 39. Vocational training and small business skills training www.minekefoundation.org
  40. 40. At present: soap making and pastry www.minekefoundation.org
  41. 41. Strategic plan 2014-2020: more vocational training, business and NGO partners, education and youth leadership development, basic infrastructure, solar power and water. www.minekefoundation.org
  42. 42. So yes, there is a future! But it will take some time to get there. And it will take time to rebuild trust and skills. Most importantly however, there are immense opportunities!
  43. 43. A life's dream, a life's work Will you join us? www.minekefoundation.org

×