Tuesday, September 29, 2026
  • About
  • Advertise
  • Careers
  • Contact
NewsTrendsKE
  • Business
    • Deals
  • OpEds
  • Sustainability
  • Women in Business
  • Lifestyle
  • Featured
  • Technology
    • Phones
  • Sports
  • World
  • Contact Us
No Result
View All Result
NewsTrendsKE
No Result
View All Result

Home » APO News » Liberia: President Boakai Oversees Signing of US$125 Million in World Bank Financing Agreements for Digital Connectivity, Renewable Energy, and Road Infrastructure

Liberia: President Boakai Oversees Signing of US$125 Million in World Bank Financing Agreements for Digital Connectivity, Renewable Energy, and Road Infrastructure

Queen Amber by Queen Amber
4 months ago
in APO News
Reading Time: 2 mins read
A A
NewsTrendsKE with APO News Updates
Share on FacebookShare on TwitterShare on WhatsApp
Republic of Liberia: Executive Mansion

The signing ceremony took place at the Mount Coffee Hydropower Complex shortly after President Boakai officially switched on the newly completed 20-megawatt solar photovoltaic power plant, a landmark achievement in Liberia’s efforts to expand access to clean and reliable energy.

Also Read

Safaricom Deepens Focus on Disability Inclusion

28 September 2026
Canaan Developers' Oaks Series

A Walk Through Canaan Developers’ Oaks Series, from Foyer to Garden

28 September 2026
Load More

The agreements cover three key initiatives: the Western Africa Regional Digital Integration Program (WARDIP 2), the Regional Emergency Solar Power Intervention Project (RESPITE) Additional Financing, and the Southeastern Corridor Road Asset Management Project (SECRAMP) Second Additional Financing.

Minister of Finance and Development Planning Augustine Kpehe Ngafuan signed on behalf of the Government of Liberia, while World Bank Country Manager Georgia Wallen signed on behalf of the World Bank, as President Boakai looked on.

President Boakai thanked the World Bank for its continued partnership and support toward Liberia’s development priorities, noting that the investments will contribute significantly to the country’s economic transformation and regional integration efforts.

Under the agreements, Liberia will receive US$50 million through WARDIP 2 to expand broadband access and digital connectivity; strengthen cybersecurity and digital governance; promote digital entrepreneurship and innovation; support e-commerce and digital payment systems; and advance the development of a single digital market in West Africa.

An additional US$57 million has been approved for the RESPITE Project to support the expansion of renewable energy infrastructure, including the enlargement of the Mount Coffee Solar Park from 20MWp to 30MWp, deployment of battery energy storage systems, and improvements to the national energy network.

The financing package also includes US$18 million in second additional financing for SECRAMP to facilitate the completion of ongoing works along the strategic 100-kilometer Ganta–Tappita corridor. The project is expected to improve road connectivity, reduce transportation costs, enhance trade and economic activities, and improve access to markets and essential social services for communities in southeastern Liberia.

The President noted that the three projects align with the Government’s ARREST Agenda for Inclusive Development and represent strategic investments that will strengthen infrastructure, expand access to clean energy, accelerate digital transformation, and promote inclusive economic growth across the country.

The Liberian Chief Executive concluded by assuring that his government will continue working closely with its development partners to ensure the successful implementation of these projects for the benefit of all Liberians.

Distributed by APO Group on behalf of Republic of Liberia: Executive Mansion.

Media files
Republic of Liberia: Executive Mansion
Download logo
Previous Post

Joint Statement by the World Health Organization (WHO) and Food and Agriculture Organization of the United Nations (FAO) in South Africa on World Food Safety Day 2026: From burden to solutions – safe food everywhere

Next Post

President Mahama explores Belarus’ agro-industrial hub; seeks partnerships to boost Ghana’s food security

Related Posts

Sustainability

Safaricom Deepens Focus on Disability Inclusion

28 September 2026
Canaan Developers' Oaks Series
Real Estate

A Walk Through Canaan Developers’ Oaks Series, from Foyer to Garden

28 September 2026
Lifestyle

Recharge and Reset: How the Bible Can Help You Finish the Year Strong

28 September 2026
Mombasa Records 15% Decline in Road Traffic Fatalities and Serious Injuries in 2025
National

Mombasa Records 15% Decline in Road Traffic Fatalities and Serious Injuries in 2025

28 September 2026
Kenya economy

Kenya Rethinks Social Protection as Cash Transfers Reach 1.7 Million Households

28 September 2026
Mombasa Records 15% Decline in Road Traffic Fatalities and Serious Injuries in 2025

Mombasa Records 15% Decline in Road Traffic Fatalities and Serious Injuries in 2025

28 September 2026
Standard Chartered

Seven women-led startups to receive Sh8.75 million in Women in Tech Kenya awards from Standard Chartered Foundation

28 September 2026
Canaan Developers' Oaks Series

A Walk Through Canaan Developers’ Oaks Series, from Foyer to Garden

28 September 2026
Ninety Students Qualify for Open Lanes Grand Finale at Nyayo Stadium

Ninety Students Qualify for Open Lanes Grand Finale at Nyayo Stadium

28 September 2026

Safaricom Deepens Focus on Disability Inclusion

28 September 2026
NewsTrendsKE

NewsTrendsKE

A News Blog For Readers Who Want More

Follow us on social media:

  • About
  • Advertise
  • Careers
  • Contact

©2026 NewsTrendsKE.

No Result
View All Result
  • Business
    • Deals
  • OpEds
  • Sustainability
  • Women in Business
  • Lifestyle
  • Featured
  • Technology
    • Phones
  • Sports
  • World
  • Contact Us

©2026 NewsTrendsKE.