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Flashback: “Why I Need Dangote’s Investment” – Liberian President, Boakai

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President Boakai and TheNEWS' Hashim
President Boakai and TheNEWS’ Hashim

Abubakar Hashim

Liberia’s President Joseph Boakai is a man of enlightened, extensive, and extemporaneous discussion. This may be so due to his over 40 years of experience at decision-making levels of government. No wonder he speaks carefully and in measured tones.

During an exclusive interview with this medium at his residence in Rehab, Monrovia, on a Saturday morning, August 17, 2024, President Boakai revealed why he needs Dangote’s investment in Liberia.

“Why I Need Dangote”

“Aliko Dangote is a true Pan-African investor in critical sectors of the economy. If you look at all his investments in Africa, he is not solely looking for ostentatious profits but is committed to developing every sector he invests in across the continent. He even empowers locals through his foundation,” President Boakai said.

Aliko Dangote and President Boakai
Aliko Dangote and President Boakai

He further confirmed that “Dangote’s investment will come to Liberia in critical areas like cement manufacturing.”

“Liberia needs such a true patriotic investor in vital areas of the economy,” he added.

Dangote Group, headquartered in Lagos, Nigeria, operates in 14 African countries, creating over 50 million direct and indirect jobs, particularly for the youth.

Dangote once revealed to CNN Chief Correspondent Christiane Amanpour that “I don’t own a house in the US or in any European city. I do know that most of my staff own houses in these cities. I’m not bothered, as long as they own these houses legitimately. I only concentrate on my investments in Africa, to develop and industrialize Africa.”

President Boakai may have sensed the patriotism in Aliko Dangote and his true love for African countries, hence his desire for Dangote’s investment in Liberia.

Liberia is a resource-rich country. Its people are expressive and vociferous. It is the oldest African republic, with a governmental system modeled after that of the United States.

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