Providence Island Heritage & Cultural District

Company Description

The Liberia National Tourism Authority (LNTA), created by the 2025 Liberia National Tourism Act, is the principal government agency tasked with promoting, regulating, and developing Liberia's tourism sector. It aims to boost the economy, generate foreign currency, create jobs, and protect natural/cultural heritage.

Countries of Operation

Liberia

Ownership of Company: Local company

Number of years since incorporated

1 year

Project Pitch

Providence Island Heritage & Cultural District: The Providence Island Heritage & Cultural District is a flagship cultural tourism project anchored on Liberia’s historic birthplace—the 1822 landing site that gave rise to Africa’s first republic. Located in central Monrovia, the 11-acre island will be transformed into a world-class heritage destination combining a modern museum, living history experiences, cultural performance spaces, and curated public realms. The project operates on a blended-value business model, balancing modest direct revenues with strong economic, social, and reputational returns. Core revenue streams include tiered admission fees, event and venue rentals, retail and food concessions, and corporate sponsorships/naming rights. These diversified income sources are designed to cover operating costs and long-term maintenance while enabling inclusive local enterprise participation. Operations will be managed by a dedicated Providence Island Heritage Trust (SPV) under a public-interest PPP structure. The Trust will oversee asset management, programming, partnerships, and financial controls, while outsourcing specific functions—such as retail, events, and facilities management—to qualified private operators under concession agreements. Continuous cultural programming, school partnerships, and diaspora-focused engagement will drive visitation and sustainability. The project targets impact investors, CSR sponsors, and development partners seeking long-term legacy assets with measurable cultural, economic, and national-branding impact.

Providence Island offers stable financial returns while delivering immeasurable cultural and social value. This investment preserves Liberia's founding heritage, creates sustainable employment, and establishes a dignified space for national remembrance and diaspora reconnection

Team

Information not provided

Type of Project

Governmental/Institutional project

Stage

Early Venture

Annual Revenue (in EUR)

1.000.000 - 5.000.000 EUR

Number of employees

1-10

Total Project Cost (in EUR)

14,000,000 EUR

Financing needs (in EUR)

7,000,000-10,000,000 EUR

Type of financing needed

Equity; Grant

The Company is looking for:

Financing; Joint Venture/Partnership; Technology Solution/Equipment

Planned allocation of fundraising capital

Greenfield (new activity for the company); Expansion (expanding an existing activity); PPP (Public-Private Partnership)