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Claim: A supporter of the ruling establishment asserted that “there was no foreign direct investment in Weah’s six years.”
Verdict: False! Data from the National Investment Commission shows the Weah government attracted millions of foreign direct investments.
Full Text
The government of former President George Weah has been accused of ruining Liberia’s international image.
In his May 2, 2025, appearance as a guest on an afternoon show on OK FM, Kansualism Kansuah, a steward of the ruling Unity Party establishment, said the Weah administration was unable to meet its foreign obligations, which he said gave the country a very disdainful image internationally.
When the host, Trokon Wrepue, asked about some of the missteps of the former ruling establishment, Kansuah reacted that Weah could not attract any foreign direct investments.
He said, “There was no foreign direct investment in Weah’s six years.”
He is heard from 13:18 to 13:25 of the 53-minute offline show. DUBAWA, however, accessed the interview to verify the information.
Due to the economic ramifications this could mean for the Liberian economy, DUBAWA probed the truth.
Verification
DUBAWA visited the National Investment Commission’s head office to inquire about Liberia’s foreign direct investment.
The NIC is the government’s agency responsible for investment promotion, generation, and facilitation.
The commission handed DUBAWA a one-page report on Liberia’s foreign direct investment from 2017 to 2024 through its Investment Promotion Officer, Christiana Yorgbor.
The data shows a US$130 million foreign direct investment in 2018, the year Weah took office as president of Liberia.
And in 2019, the investment dropped to US$90 million, but by 2020, it had sharply increased to US$740 million.
In the fourth year of Weah’s tenure, the investment dropped again by US$540 million, and by 2022, it surged to US$960 million.
In the last year of his administration, Weah attracted US$740 million.
Screenshot of the one-page data
Conclusion
As these facts show, Kansuah’s claim that there was no foreign direct investment in Weah’s six years is false.
