Monrovia, Liberia – A Root Cause Analysis Workshop on the energy sector is currently held in Gompa, Nimba County, by the Millennium Challenge Corporation (MCC) in collaboration with the Ministry of Finance and Development Planning. According to a MFDP release dated March 3, 2026, it is the second workshop of its kind which include representatives from ministries, the Liberia Electricity Corporation (LEC), regulators, private sector actors, development partners, and civil society are all in attendance.
Speaking, Carolyn Wetzel Chen, Acting MCC Liberia Team Lead, stated that discussions focus on the underlying causes of energy, one of Liberia’s most significant barriers to economic expansion. “The evidence we bring to this room, the discussions we will have, and the decisions that are made to define and prioritize the root causes of this binding constraint will make history,” she said.
According to Madam Chen’s plan, the compact will be developed between 2027 and 2028, signed in 2028, and implemented between 2029 and 2035. She further mentioned that President Boakai reiterated Liberia’s commitment to working with the United States during a meeting with U.S. President Donald Trump at the White House in July 2025.
The Ministry of Finance and Development’s Assistant Minister for Economic Policy, Hon. Henry D.Z. Yanquoi, stated that the workshop looks at the reasons for limits rather than just identifying them. The MCC collaboration with Liberia started in 2015 with a $257 million agreement that reinforced institutions, funded road maintenance, and restored the Mount Coffee Hydropower Plant. It greatly expanded the potential for domestic electricity generation and was put into effect between 2016 and 2021.
Liberia was chosen to create a second compact in 2024 under President Joseph Nyuma Boakai, Sr. In order to promote equitable growth and lessen poverty, the energy sector is the main focus.
