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

Liberia, Jan. 26 -- 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.

MCC programs are designed with part...