The Government of Liberia and the World Bank have signed financing agreements worth US$125m, including US$57m in additional funding for the country’s energy sector through the Regional Emergency Solar Power Intervention Project (RESPITE).

The energy financing will support renewable energy infrastructure, including upgrades at the Mount Coffee Hydropower Plant, expansion of Liberia’s solar park from 20MW to 30MW, and the deployment of battery energy storage systems to improve grid reliability.

Speaking at the signing ceremony in Harrisburg, Montserrado County, Finance and Development Planning Minister Augustine Kpehe Ngafuan said the investments would help address key development challenges and strengthen critical infrastructure.

According to the minister, the RESPITE funding will increase access to affordable electricity, support businesses and improve living conditions for Liberian households.

“Energy, roads, and digital connectivity are among the most important foundations for economic development. By investing in these areas, we are laying the groundwork for sustainable and inclusive growth,” he said.

Ngafuan said the projects support the government’s ARREST Agenda for Inclusive Development and paid tribute to World Bank Country Manager Georgia Wallen for her role in advancing the initiatives.

“We extend our sincere appreciation to Madam Georgia Wallen for her tireless efforts and dedication, which contributed significantly making these projects to reach this stage” Ngafuan added.

The US$125m package also includes US$50m for the Western Africa Regional Digital Integration Program (WARDIP 2) and US$18m for the Southeastern Corridor Road Asset Management Project (SECRAMP).

World Bank Country Manager Georgia Wallen said the projects would strengthen infrastructure, improve energy access and support economic development.

“These investments are designed to improve lives, strengthen economic resilience, and create opportunities for Liberians,” Wallen emphasised.

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