Power Africa Investment Guide: Liberia

Speeches Shim

Liberia’s economic growth is severely constrained by an insufficient supply of reliable and affordable electricity. The only on-grid electricity sold in the capital city, Monrovia, currently has an approved single tariff exceeding US$ 0.50/kWh. The capitol city of Liberia, Monrovia and the rural towns and cities has consequentially witnessed a proliferation of an estimated several hundred megawatts of mostly micro off-grid self-generators/sellers operating at an even greater cost. Electricity is, therefore, the single largest component of operational expenses in Liberia for large concessions, industries, and businesses that must have electricity and has also completely prevents new business establishments due to an inability to show projected positive returns on investment.

Date 
Tuesday, May 19, 2015 - 8:15am

Last updated: May 19, 2015