Tuesday, July 21, 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
1 month 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

CTE FTO Sylvia and Titouan

CNN’s Call to Earth Spotlights Two Climate Champions Protecting the World’s Oceans

21 July 2026
Stanbic Bank Kenya - Purshottam Place

Stanbic Bank Kenya named Kenya’s Best Investment Bank at Euromoney Awards for Excellence 2026

21 July 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

CTE FTO Sylvia and Titouan
Sustainability

CNN’s Call to Earth Spotlights Two Climate Champions Protecting the World’s Oceans

21 July 2026
Stanbic Bank Kenya - Purshottam Place
Business

Stanbic Bank Kenya named Kenya’s Best Investment Bank at Euromoney Awards for Excellence 2026

21 July 2026
Sports

Wakhu Wins Fifth Leg of the PGK Equator Tour in Ruiru

21 July 2026
Mshwari
Deal

Win KES 50,000 for saving on your MShwari Account

20 July 2026
BasiGo

BasiGo and Rubis Energy Kenya Partner to Expand EV Charging Infrastructure Across Kenya

20 July 2026
NewsTrendsKE with APO News Updates

Merck Foundation Chairman & Chief Executive Officer (CEO), and 12 First Ladies of Africa and Asia inaugurate the 13th Merck Foundation Africa Asia Luminary 2026

18 June 2026

Why Safaricom’s Data Privacy Awareness Drive Matters to Every Kenyan

15 July 2026

Spotify’s Karibu Night Brings Kenyan Music and Fashion Together in Nairobi

17 July 2026
BLACKISH Icecream

BLACKISH Ice cream: Dairyland Introduces Kenya’s First-Ever Black Ice Cream

17 July 2026
NewsTrendsKE with APO News Updates

Kora Highlights Africa’s Growing Role in Global Payments Conversations at iFX Expo International

15 July 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.

Go to mobile version