West Africa: Liberia Launches Digital Collateral Registry to Curb Duplicate Claims, Expand Business Credit

– Liberia has launched an upgraded digital registry that will allow lenders to verify ownership and existing claims against assets before accepting them as collateral, a reform intended to reduce lending risks and expand credit to small businesses.

The Enhanced Collateral Registry System, launched Thursday at the Ellen Johnson Sirleaf Ministerial Complex in Monrovia, provides a unified platform for registering and searching security interests in movable and immovable property.

The publicly…