U.S. Billionaire Calls for More American EngagementsThe Analyst (Monrovia)
NEWSApril 27, 2007 Posted to the web April 27, 2007 By J. Edwood Dennis
African-American billionaire, Mr. Robert L. Johnson, who led a 25-member delegation to Liberia early this week, left here wednesday with the impression of huge potentials for investment in the post-war economy.
Members of the delegation included Oscar winning actress Cicely Tyson, former Secretary of Transportation Rodney Slater, scholar and educator Walter Leonard, among others.
Mr. Johnson has announced a US$30M loan program to assist Liberian-owned businesses to boost private sector investment following 14 years of civil conflict.
He said the money would be managed by RLJ Liberia Enterprise Development Fund, announced on February 15 in Washington DC at the Partners Forum.
Addressing a news conference in Monrovia before his departure, Mr. Johnson disclosed that the Liberian government has licensed his group of companies to invest in Liberia and he has already begun to receive applications from several individuals and institutions for small loan purposes.
He dispelled news speculation that his visit to Liberia is a showbiz adding, "It is aimed at helping Liberians to have access to job opportunities through investment in the private sector".
2 comments:
2 words.....BET UNCUT.
...just finished reading his autobiography. In one word "Inspirational".
He gives a whole new meaning to the phrase "I'm a businessman."
Post a Comment