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False! Boakai’s administration has recorded some Foreign Direct Investments

False! Boakai’s administration has recorded some Foreign Direct Investments

Photo of Darius Doe Photo source: Darius Doe

Claim: A panellist on Spoon Talk asserted that “two years into Boakai’s government, there has been no direct foreign investment.”

False! Boakai’s administration has recorded some Foreign Direct Investments

Full Text

Appearing as a panellist on a late-night political show, Darius Doe argued that the vast majority of the Liberian population is still living in hardship.

Doe stated that this is due to the government’s incapacity to employ many Liberians because of limited job opportunities.

He said that two years into President Joseph Boakai’s government, he has no tangible projects across the country to show, and he also claims there is “no direct foreign investment” yet.

He claimed in his parting statement around 26:21 to 26:26 of the show.

As of this report, the show had 30.9k views, 314 comments, 297 reactions, and 31 shares.

Due to the economic impact this could have on the Liberian economy, DUBAWA checked Doe’s assertion.

Verification 

DUBAWA visited the office of the National Investment Commission to ascertain whether there have been any direct foreign investments since President Joseph Boakai assumed office in 2024.

The commission handed DUBAWA the processing form for foreign direct investments made in Liberia from January 2024 to the time of Doe’s claim in August 2025.

From January 2024 to December of the same year, the commission earmarked five approved and in operation foreign direct investments.

One was in the process of being approved by the Ministry of Finance and Development Planning.

False! Boakai’s administration has recorded some Foreign Direct Investments
Screenshot of the 2024 processing form

As of January 2025, up to August of the same year, one was approved and in operation, while eight are awaiting approval by the finance ministry.

False! Boakai’s administration has recorded some Foreign Direct Investments
Screenshot of the January to August 2025 processing form

The commission said it is still consolidating the total number of investments made from 2024 to 2025 and that the results are expected to be finalised soon.

Conclusion 

Therefore, Darius Doe’s assertion that there has been no direct foreign investment in Boakai’s government is false.

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