Gradual stabilisation after years of civil war
After 14 years of civil war, a democratic election in 2005 marked the start of a process of political and economic stabilisation in Liberia. The elections in January 2018 led to a change of government, which was peaceful on the whole. Still, it is one of the poorest countries in the world. The infrastructure suffered significant damage from the civil war, and large parts of the country are only partially accessible, especially during the rainy season. The nation’s agricultural potential remains largely untapped. Against this background, improving infrastructure, increasing agricultural productivity and good governance are central pillars of the poverty alleviation strategy. Since the Ebola epidemic ended, the economy has been slowly recovering, posting growth of around 3% in 2017.
KfW Development Bank
Phone: +49 69 74 31-42 60