VOINJAMA, Lofa County – The superintendent of Lofa County, William Tamba Kamba, wants permanent commercial banks established in the county to help promote trade and development. As of the 2008 Census, Lofa had a population of 276,863, making it the third-most populous county in Liberia. The superintendent said the absence of a permanent commercial bank is hindering the development of businesses and exposing residents to risks. However, despite all the commercial transactions, which generate large sums of money, the area lacks a commercial bank to facilitate the trade. Kamba explains that robbers have taken advantage of the absence of a commercial bank to regularly rob traders of their daily proceeds.

Source: Front Page Africa July 29, 2021 09:54 UTC