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flag Liberia boosts MSMEs with $10M World Bank pledge and new programs to drive growth and jobs.

flag Liberia's government, development partners, and private sector have renewed efforts to boost MSMEs as a driver of economic growth, job creation, and innovation, highlighted at the 2025 National MSME Conference in Monrovia. flag The World Bank pledged $10 million to support MSMEs, noting they comprise 90% of the private sector but remain largely small, underemployed, and constrained by limited market access and financing. flag Key initiatives include the $6.5 million LIFT Project, a Youth Entrepreneurship and Investment Bank, and plans for a national credit guarantee scheme, digital marketplace, and quality infrastructure to support local products.

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