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MCC and the Government of Liberia Recognize Closeout of $257 million Compact, Boosting Access to Power and Economic Growth

MCC and the Government of Liberia Recognize Closeout of $257 million Compact, Boosting Access to Power and Economic Growth
MCC and the Government of Liberia Recognize Closeout of $257 million Compact, Boosting Access to Power and Economic Growth
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MONROVIA – The Millennium Challenge Corporation (MCC) and the Millennium Challenge Account Liberia (MCA-L) marked the successful closeout of the $257 million MCC Liberia Compact which aimed to address limited access to reliable and affordable electricity in the country and poor-quality road infrastructure. The compact funded the rehabilitation of Liberia’s largest power source, the Mt. Coffee Hydropower Plant, supported the creation of an independent energy sector regulator, developed a training program for technicians in the electricity sector, supported improved delivery of electricity services by the Liberia Electricity Company, and established a data-driven road maintenance system. ....

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Millennium Challenge Compact Ends after Five Productive Years

Figure 1: A view of the Mt. Coffee Hydro Power Plant, downstream of the main spillway.
After Doubling Electricity Access and Building a Data-Driven Road Maintenance System in Liberia, Millennium Challenge Compact Ends
(Monrovia January 20, 2021) – The Millennium Challenge Account-Liberia has announced the end, effective January 21, 2021, of the Millennium Challenge Compact between the United States Government and the Government of Liberia. The Compact has improved the amount and reliability of electricity supply, more than doubled the number of homes with electricity access, and left the Liberian government with a sustainable, data-driven road maintenance system.
With the signing of the Compact in October 2015, the United States Government, acting through the Millennium Challenge Corporation (MCC), provided US$257 million to help increase access to more reliable and affordable electricity; and improve the planning and execution of routine, periodic, and emergenc ....

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