Iron ore mining operations are starting to resume after being shut down during the Ebola outbreak. With a slump in iron ore prices, Robtel Neajai Pailey and Silas Kpanan Ayoung Siakor in a blog on The African Angle, argue that the slow-down affords Liberia an opportunity to bring communities into the process of renegotiating mining concessions.
There has been a call for debt relief and an infusion of aid in the form of grants and loans to mitigate the loss of revenue during Liberia’s bout with Ebola. Yet, the most important formula for economic recovery will be value addition, rigorous tax assessments, collection, and oversight in the country’s mining sector.
To read the blog, please click here.
The African Angle, an initiative of The Africa-America Institute, Fireside Research, and World Policy Journal, seeks to amplify the voices of contemporary African thought leaders speaking on issues of global concern. The views and opinions expressed in the blogs are those of the authors and do not necessarily reflect the official policy or position of The Africa-America Institute.