Liberia has submitted its “National Energy Compact” for funding consideration at the World Bank Group and African Development Bank Group Africa Energy Summit in Dar es Salaam, Tanzania, outlining plans to enhance energy infrastructure, increase renewable energy, and improve electricity access. The proposal aims to connect 300 million people to electricity in Sub-Saharan Africa by 2030, increase the share of the population with electricity access to 75% by 2030, and raise Liberia’s renewable energy share to 75% through various initiatives. President Joseph Nyumah Boakai is set to sign a declaration committing to energy infrastructure rehabilitation and expansion at the summit.
Full Article