U.S. Embassy Welcomes $1.8 Billion Ivanhoe Atlantic Deal with Liberia

Monrovia, Liberia: The United States Embassy in Monrovia has officially welcomed the signing of a landmark concession and access agreement between U.S.-owned Ivanhoe Atlantic and the Government of Liberia, marking a major milestone in the country’s development and international investment efforts.

The agreement, valued at an estimated $1.8 billion, is seen as a critical move toward President Joseph Boakai’s vision of establishing a multi-user rail infrastructure policy that benefits a range of stakeholders, both domestic and foreign.

“This estimated $1.8 billion deal is a crucial step towards President Boakai’s objectives of developing Liberia’s multi-user rail policy and securing new international investment,” a statement from the U.S. Embassy read.

The Embassy emphasized that growing U.S. investments in Africa serve to boost shared prosperity and are central to the ongoing shift in U.S.-Liberia relations—from aid to trade.

“By increasing U.S. investment in Africa, we drive mutual prosperity and support Liberia’s move from aid to trade,” the statement added.

This deal reflects growing confidence in Liberia’s stability and economic direction under the Boakai administration and positions the country as a rising destination for responsible global investment.