By Jessica Cox
Monrovia, – Liberia’s partnership with the United States Millennium Challenge Corporation (MCC) is set to enter a new phase, as a high-level delegation arrived in Monrovia to lay the groundwork for a potential second multi-million dollar compact.
The delegation, led by MCC Africa Managing Director Carrie Monahan, aims to build on the success of the first $257 million agreement, which revitalized the country’s energy sector between 2016 and 2021.
Upon her arrival at Roberts International Airport, Monahan praised Liberia as a “strong partner” and expressed pride in the achievements of the initial compact. “We are here to begin the crucial process of analyzing Liberia’s economic constraints and identifying where a new investment can have the greatest impact,” she stated.
The landmark first compact focused on rehabilitating the Mount Coffee Hydropower Plant, strengthening the Liberia Electricity Corporation, and supporting critical institutional reforms. These projects significantly expanded electricity access and provided essential technical training, creating a foundation for sustainable economic growth.
The current mission will conduct a rigorous Constraints to Growth Analysis, a diagnostic tool the MCC uses to pinpoint the most significant barriers to economic development. Monahan emphasized that any new grant would be tailored to Liberia’s national priorities while fostering opportunities for Liberians and international investors alike.
“The MCC grant is an investment in the Liberian people,” Monahan affirmed. “We are here to engage with stakeholders across government and the private sector to ensure the program delivers inclusive growth and lasting impact.”
She also framed the potential compact within the broader context of Washington’s commitment to fostering sustainable development partnerships across Africa, viewing it as a catalyst for long-term trade and economic cooperation.
Welcoming the delegation on behalf of President Joseph Nyuma Boakai, Finance and Development Planning Minister Augustine Kpehe Ngafuan voiced the government’s enthusiasm for the renewed engagement.
“We are very elated that you have come,” Minister Ngafuan said. “From where we were to where we are today, we deeply appreciate the support received thus far. Liberia is ready to cooperate fully in this process.”
Ngafuan assured the MCC team of the government’s full cooperation in the upcoming analysis and stressed that a future compact would be designed to deliver nationwide benefits. “We will ensure this program benefits all Liberians, not a select group,” he added.
The visit kicks off a series of intensive consultations with government institutions, private sector leaders, and civil society organizations. The findings will be critical for the MCC Board’s December meeting, where Liberia’s eligibility for a second compact will be formally considered.
