Liberia has sealed a $1.8 billion agreement with American company Ivanhoe Atlantic to develop and operate a multi-user railway corridor. The deal is seen as a major boost for regional trade and infrastructure.

The rail will be crucial in transporting mineral resources, particularly iron ore, from Guinea to Liberia’s ports, potentially transforming the country into a key export hub in West Africa.

Negotiations for the deal lasted over a year, reflecting the high stakes and complexity of the transnational project.

Officials say the agreement marks a milestone in Liberia’s push for investment-led growth and regional economic integration.