Liberia and MCC target electricity and mining reform
By the AFREEQUE newsroom, based on The Liberian Investigator
Liberia and the Millennium Challenge Corporation (MCC), a US development agency, are preparing a second compact focused on electricity transmission and reform of energy and mining sector governance. Joint design is to be completed by mid-2027, following consultations with public and private sector stakeholders, according to Liberia’s compact development team.
Liberia and the Millennium Challenge Corporation (MCC), a US development agency, are working on a programme covering electricity transmission, energy sector governance and mining reform. The two sides aim to complete the joint design of this second compact by mid-2027, The Liberian Investigator reports.
The priorities were identified after two weeks of consultations between Liberia’s compact development team and the MCC. Discussions focused on investment in transmission lines to improve distribution and meet industrial demand, as well as legal and regulatory reforms intended to improve the sector’s performance and attract private investors.
The Liberian government also plans to allocate $1 million in the 2027 budget for an aerial geophysical survey of the Harper quadrangle, one of the country’s nine geological mapping units. The national compact development team said that the sum remained subject to budget approval.
The Liberian team’s national coordinator, Alieu Fuad Nyei, said the programme was intended to address obstacles holding back investment and growth. Kevin George, the MCC’s country director in Liberia, said the organisation had not arrived with a pre-defined reform programme. President Joseph Nyuma Boakai reaffirmed his support for the compact’s objectives at a closing meeting.
Summary produced with the help of artificial intelligence tools, under AFREEQUE’s editorial responsibility.
