NATIONAL NEWS
MONROVIA – September 17, 2026: Liberia Electricity Corporation (LEC) Managing Director Mohamed Sheriff is calling for increased private sector investment in the country’s energy sector, warning that the scale of infrastructure needed to meet Liberia’s growing electricity demands cannot be financed by the utility alone.
By: Kabina S. Kabah – kabinaskabah98@gmail.com
Sheriff said sustainable investment in power generation, transmission, and distribution requires strong infrastructure, credible institutions, and reliable financing, as Liberia seeks to transform its electricity sector.
He made the statement at the official opening of the Millennium Challenge Corporation (MCC) Compact Development Team office in Liberia, where he reaffirmed LEC’s commitment to working with the MCC, the Government of Liberia, and development partners to advance electricity development.
According to Sheriff, the proposed second MCC compact presents an opportunity to address structural challenges that have historically constrained the performance of Liberia’s energy sector and limited private sector investment.
He disclosed that LEC is advancing solar concessions in Nimba and Grand Bassa counties, while engaging independent power producers in solar, thermal, hydro, and cross-border electricity supply.
The LEC Managing Director emphasized that attracting private investors will require a reliable power grid, a strong regulatory framework, a financially sustainable utility, and transparent procurement processes.
He said these conditions are essential to building investor confidence and sustaining private sector participation in Liberia’s electricity industry.
Sheriff assured the MCC Compact Development Team of LEC’s cooperation, stressing that the shared goal is to deliver reliable and affordable electricity, strengthen institutions, expand private investment, and create greater economic opportunities for the Liberian people.
