Liberia Sees Mine and Oil Deals Drawing $4.8 Billion in Investment

Liberia’s leader expects mining and oil deals with multinational companies to generate $4.8 billion in investment in the West African nation.

Mining and infrastructure agreements with US firm Ivanhoe Atlantic Inc. and Luxembourg-based ArcelorMittal SA are expected to spur investment of $4 billion, and those with TotalEnergies SE and Nigeria’s Oranto Petroleum about $800 million, President Joseph Boakai said in a speech late Monday.