There is a large market opportunityLiberia is the optimal country for horticulture production. Among the leading fruit and vegetable producing countries in Sub-Saharan Africa, Liberia has the largest renewable water assets. It boasts 200 billion cubic meters of renewable internal water resources, compared to 77 billion in Côte d’Ivoire, 45 billion in South Africa, 30 billion in Ghana, and just 21 billion in Kenya. Its rainfall is 2,391 millimeters per year, compared to 1,348 in Ghana, 1,187 in Côte d’Ivoire, and 730 in Kenya. It has a large and growing domestic market, access to a large ECOWAS market and sea access to European and American markets. With huge investments in road and energy infrastructure, a large renewable water source, and cheap labor and fuel costs, it is the ideal country to invest in horticulture production and processing. Liberia provides a great market opportunity for investors in horticulture production: the provision inputs such as seed and fertilizer, aggregation of produce, cold chain infrastructure and warehousing, and value chain addition such as packaging.
The Liberia market for horticulture in 2013 was worth $103.6 million, of which $90.4 million was produced locally. In 2013 Liberia produced 291,000 tonnes worth of fruit and vegetables and imported 14,300 tonnes. There are 20 concessions operating in Liberia, with the potential to create 100,000 jobs and demand high quality produce. These provide big market opportunities. Liberia has preferential access to several lucrative markets, including EU (EBA) and the USA (AGOA). It boasts proximity to these markets compared to leading exporters like Kenya andSouth Africa
Getting your inputs in and your outputs out
Liberia has completed the pavement of the main highway from Liberia to Ganta up to the Guinean border, thus linking the main horticulture areas in Lofa, Bong, and Nimba to the Freeport of Monrovia, the Port of Bassa, and the Monrovia- Bomi Highway that links to the border of Sierra Leone. Travel time from Ganta to Monrovia is about 3 hours.