The World Bank Vice president for Western and Central Africa, Ousmane Diagana, accompanied by the Regional Vice president for Multilateral Investment Guarantee Agency (MIGA) and Chief Finance, Risk, Legal and Sustainability Officer, Ethiopis Tafara, has arrived in Liberia.
During the visit which officially begins from today, January 13 to 14, 2025, Mr. Diagana and Mr. Tafara will meet President Joseph Boakai and senior officials of the Liberian government and the Development Trust Fund Partnership Council to discuss the World Bank’ Group’s engagement in Liberia over the next five years.
The delegation, according to a release, will also visit key projects including the Mount Coffee Hydro Power plant and Afropa Factory Liberia, Inc., showcasing the World Bank Group’s investments in energy access and private sector development.
The World Bank Group is currently investing in Liberia’s energy sector to support the country’s ambitious energy access goals.
IFC has invested in Afropa, one of Liberia’s leading local corporates with diversified businesses across automotive trading, real estate, fast moving consumer goods (FMCG), and beverages.
It can be recalled that the World Bank has been a development partner to Liberia since 1962, with a current portfolio of 19 active projects amounting to US$922 million.
These projects span critical sectors such as: infrastructure (roads & energy), health systems strengthening & disease surveillance, agriculture and fisheries, education, social protection, governance, water, women empowerment and finance.
