OPIC signs commitment for US$20 million to Liberia

The U.S Government's development finance institution, OPIC, today signed a commitment letter for a US$20 million direct loan to International Bank Liberia Limited (IBLL) to support lending in sectors such as construction, services, manufacturing, agribusiness, hospitality, and transportation. The landmark deal is the first of its kind in Liberia and seeks to foster jobs and opportunities by supporting investments in key economic areas and increasing long term lending to the Liberian Private Sector. Find the full report here.