Monrovia (mənˈroʊviə) is the capital city of the West African country of Liberia. Founded in 1822, it is located on Cape Mesurado on the Atlantic coast and as of the 2008 census had 1,010,970 residents, home to 29% of Liberia’s total population. As the nation's primate city, Monrovia is the country's economic, financial and cultural center; its economy is primarily centered on its harbor and its role as the seat of Liberian government. Monrovia is named in honor of U.S. President James Monroe, a prominent supporter of the colonization of Liberia and the American Colonization Society. Along with Washington, D.C., it is one of two world capitals to be named after a U.S. President. Timeline of Monrovia Before 1816, the area around Cape Mesurado and the mouth of the Mesurado River was called Ducor. It had long been established as a crossroads and place of trade, and was inhabited by fishing, trading and farming communities of various ethnicities, including the Dey, Kru, Bassa, Gola, and Vai. The French cartographer and slave trader Chevalier des Marchais visited Ducor and the Cape in 1723, conducted business there and later published a map of the area. In 1816, with the aim of establishing a self-sufficient colony for emancipated American slaves, something that had already been accomplished in Freetown, the first group of African American settlers arrived in West Africa from the United States under the auspices of the American Colonization Society and with the support of the U.S. government. They landed at Sherbro Island in what today is Sierra Leone. On January 7, 1822, a ship took these settlers to Dazoe Island (now called Providence Island) at the mouth of the Mesurado River. They subsequently went ashore at Cape Mesurado, and established a settlement they called Christopolis. In 1824, the city was renamed Monrovia after James Monroe, president of the United States at the time. Monroe was a prominent supporter of developing the city as a place to relocate formerly enslaved Black people from the United States of America and Caribbean islands, as an alternative to abolishing the institution of slavery in America.