Monrovia, April 13 -- The World Bank and the government of Liberia on Monday signed the financial agreements for two projects, the Liberia Electricity Sector Strengthening, and Access Project (LESSAP) in the amount of US$ 64.2 million and the Recovery of Economic Activity for Liberian Informal Sector Employment (REALISE) project in the amount of US$10.
Dr. Khwima Nthara, the Country Director of World Bank speaking at the signing ceremony at the Boulevard Palace Hotel said the importance of the two projects cannot be over-emphasized.
He added that there is much work that remains to be done to ensure "the universal and affordable" access to electricity in Liberia.
"Currently, only 7 percent of the population has access to grid electricity ...