President Boakai Constitutes Board of Directors for Liberia Corporation for Strategic Investment

These appointments are made in accordance with Executive Order No. 158 and the by-laws governing the LCSI, noting that the Board's constitution takes immediate effect. The Board will provide oversight and strategic direction for the corporation's operations.

Honorable Minister Mamaka Bility, Minister of State without Portfolio, will serve as Chairperson of the Board, representing the Ministry of State for Presidential Affairs.

Other government institutions that will hold statutory membership are the Ministry of Finance and Development Planning, headed by Minister Augustine Kpehe Ngafuan, the Ministry of Justice, headed by The Attorney General, Cllr. N. Oswald Tweh, and the Chairman of the National Investment Commission.  The Board also includes the following regional representatives: Dr. Henrique F. Tokpa, Mr. Isaac Dapaye, and Mr. Elvis Garmoigar Morris. Representing the private sector on the Board is Ambassador Charles Minor on behalf of Afriland First Holding SA. The Company will nominate one additional representative.

The appointments reflect the government's commitment to promoting sound investment governance and ensuring greater accountability in the management of strategic national investments.

Meanwhile, President Boakai has further directed Minister Bility to convene the inaugural meeting of the Board at the earliest possible date to commence its statutory functions, including governance oversight and the approval of initial capital mobilization frameworks.

The President highlighted critical importance of the Board, stressing that its establishment marks an important step in advancing the Government's broader economic development agenda and positioning the LCSI as a key instrument for attracting and managing strategic investments in Liberia.