Liberia has taken a major step toward strengthening its energy sector following the signing of a landmark US$26 million agreement aimed at establishing the country’s first electrical manufacturing and refurbishment plant.
According to the Executive Mansion Liberia, President Joseph Nyuma Boakai witnessed the signing of a Memorandum of Understanding (MoU) between the Liberia Electricity Corporation (LEC) and Kenya-based Thames Electrical Limited during the Africa Forward Summit in Nairobi, Kenya.
The agreement is expected to significantly transform Liberia’s electricity sector by introducing local production and refurbishment of critical electrical components, including transformers, conductors, switchgears, smart meters, and other essential power materials.
Officials say the initiative is intended to reduce Liberia’s heavy reliance on imported electrical equipment while improving the speed and efficiency of infrastructure development across the country.
Speaking on the agreement, President Boakai reportedly described the deal as “the beginning of the end of Liberia’s dependence on imported electrical materials.” He emphasized that the investment will help shorten procurement timelines, improve electricity infrastructure delivery, and create employment opportunities for Liberians.
The Liberian leader also noted that the project has the potential to position Liberia as an emerging regional hub for the supply of electrical equipment within West Africa.
The planned manufacturing and refurbishment facility is expected to support ongoing efforts to expand access to reliable electricity while boosting local industrial growth and technical capacity in the country’s energy sector.
