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National Investment Commission Clarifies Status of Hotel Africa Property

Hotel Africa Property in Monrovia, Liberia
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By James O. Gaygay — Monrovia, Liberia

The National Investment Commission clarifies that no developer has been authorized for the Hotel Africa Property outside official government processes and urges the public to exercise due diligence.

Communications — communications@nic.gov.lr

The National Investment Commission (NIC) wishes to clarify recent public discussions concerning the Hotel Africa Property.

The NIC categorically states that at no time has the Commission recognized, appointed, endorsed, or authorized any individual or entity as a developer for the Hotel Africa Property outside of the established Government processes.

The Government of Liberia, through the Inter-Ministerial Concessions Committee (IMCC), is currently engaged in structured discussions with a potential developer in accordance with the established framework and applicable laws governing public assets.

The public is hereby informed that there is a defined statutory process for acquiring rights, entering into negotiations, or claiming any form of partnership with the Government of Liberia regarding national assets. This process includes:

  • Formal submission
  • Due diligence
  • Inter-agency review
  • Legislative ratification, where applicable

Any individual or entity claiming to represent, negotiate, or develop the Hotel Africa Property without formal authorization through the Government’s established channels does so independently and without the knowledge or approval of the National Investment Commission.

Accordingly, the NIC advises all investors, financial institutions, contractors, and members of the public to exercise due diligence. Any engagement with unauthorized persons purporting to act on behalf of the Government of Liberia regarding the Hotel Africa Property shall be undertaken strictly at the engaging party’s own risk.

The Government of Liberia remains committed to transparency, lawful process, and safeguarding public assets in the national interest.

For official inquiries, please contact the National Investment Commission Communications Office.