Monrovia- Liberia Vice President Jeremiah Koung has disclosed the president Joseph Nyuma Boakai has understands that the economic transformation of the country and the African continent cannot be achieved without addressing the energy challenges that continue to hinder growth and development.
Monrovia– Liberia Vice President Jeremiah Koung has disclosed the president Joseph Nyuma Boakai has understands that the economic transformation of the country and the African continent cannot be achieved without addressing the energy challenges that continue to hinder growth and development.
According to him, the Government recognizing the importance of energy within its ARREST Agenda, the President asked him to serve as Chairman of a High-Level Steering Committee tasked with exploring immediate, medium and long-term solutions to Liberia’s energy crisis.
Speaking during gathering to address an issue that is central to Africa’s future VP Koung said “Energy is the foundation of economic growth, social progress, and technological advancement. Without affordable and reliable electricity, industrialization is impossible, and our efforts to uplift millions of people from poverty will remain difficult”.
He said the United States has long been a strategic partner in Africa’s energy sector stressing that the Initiatives such as Power Africa have mobilized billions of dollars in investments, helping to expand electricity access across the continent.
“Power Africa Initiative has been instrumental in supporting rural electrification and technical capacity-building in Liberia,the West African Power Pool (WAPP) and the Côte d’Ivoire, Liberia, Sierra Leone, and Guinea (CSLG) interconnector project have enhanced regional energy trade, increasing stability and access for about 2.8 million people” he said.
According to him “These partnerships have succeeded because they are built on mutual interests, strong governance frameworks, and long-term commitments”.
VP Koung further indicated “They have improved access to electricity by 31%, driven economic growth, and created a roadmap for further investments in clean energy and infrastructure”.
“The next decade presents an opportunity to build on these successes by Scaling Renewable Energy Investments. Liberia aims to increase its hydropower capacity, expand solar infrastructure, and explore wind energy solutions” he noted.
Liberia Vice president further disclosed that With Mount Coffee’s expansion from 88 MW to 132 MW including a 20 MW Solar farm, 16 MW SCATEC solar project, and the planned St. Paul 2 Hydropower Project (150 MW), the government envision a cleaner and more resilient energy mix.
“We encourage U.S. businesses and investors to explore Liberia’s energy sector opportunities, particularly in off-grid electrification, transmission infrastructure, and green energy innovation” he said.
Vice president Koung said Liberia is committed to fostering a transparent and investment-friendly environment that encourages innovation and sustainable financing for energy projects, stressing that the U.S.-Africa energy partnership is more than an economic opportunity—it is a commitment to shared prosperity, climate resilience, and energy equity.
