| Financier | Commitments |
|---|---|
| IDA Credit | 20.00 |
| IDA Grant | 20.00 |
Liberia Investment, Finance and Trade Project
Abstract*
The US$40 million Liberia Investment, Finance and Trade (LIFT) Project (the “Project”) is a World Bank (IDA) project in support of Liberia’s private and financial sectors, and the first operation for the main beneficiaries, the Ministry of Commerce and Industry (MOCI), and Central Bank of Liberia (CBL). The four components focus on: (1) trade and investment enabling environment; (2) SME access to market and finance; (3) digital financial services... Show More
Development Objective
To improve the investment climate, expand sustainable access to finance, and increase the efficiency of trade in Liberia
Key Details
Project Details
P171997
Active
Alari Mahdi , Neema Mwingu
Republic of Liberia
February 25, 2021
(as of board presentation)
February 9, 2022
October 27, 2022
US$ 40.00 million
Ministry of Commerce and Industry,Central Bank of Liberia
2022
US$ 40.00 million
N/A
Moderate
April 30, 2027
Yes
BANK APPROVED
January 21, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 40.00 |
| IBRD + IDA Commitment | 40.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 40.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 9, 2024 | IDA-70370 | Int Charges | 8.45 |
| May 9, 2024 | IDA-70370 | Int Charges | 9,501.69 |
| May 9, 2024 | IDA-70370 | Int Charges | 9,501.69 |
| Apr 16, 2024 | IDA-70370 | Int Charges | 841.02 |
| May 22, 2024 | IDA-D9690 | Loan Disb | 2,103,393.80 |
| Feb 9, 2022 | IDA-D9690 | Loan Commitment | 20,000,000.00 |
| Apr 16, 2024 | IDA-70370 | Int Charges | 841.02 |
| Feb 9, 2022 | IDA-70370 | Loan Commitment | 20,000,000.00 |
| Mar 15, 2023 | IDA-70370 | Loan Disb | 2,000,000.00 |
| May 11, 2023 | IDA-70370 | Int Charges | 1,446.19 |
| May 11, 2023 | IDA-70370 | Int Charges | 1,446.19 |
| Oct 27, 2022 | IDA-70370 | Loan Disb | 510,192.25 |
| Dec 13, 2023 | IDA-70370 | Loan Disb | 381,269.00 |
| Nov 21, 2023 | IDA-70370 | Int Charges | 1,665.17 |
| Nov 21, 2023 | IDA-70370 | Int Charges | 1,665.17 |
| Nov 21, 2023 | IDA-70370 | Int Charges | 9,480.43 |
| Nov 21, 2023 | IDA-70370 | Int Charges | 9,480.43 |
| May 22, 2024 | IDA-70370 | Loan Disb | 1,941,594.10 |
| May 9, 2024 | IDA-70370 | Int Charges | 8.45 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Moderately Unsatisfactory | 2025-02-18 |
| Overall Implementation Progress (IP) | Moderately Unsatisfactory | 2025-02-18 |
| Monitoring and Evaluation | Unsatisfactory | 2025-02-18 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-02-18 |
| Procurement | Moderately Satisfactory | 2025-02-18 |
| Project Management | Moderately Unsatisfactory | 2025-02-18 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Private investments committed Value 0.00 0.00 50000000.00 Date February 9, 2022 June 12, 2023 February 9, 2027 Comment Share of total trade transactions covered by NSW Value 0.00 0.00 50.00 Date February 9, 2022 June 12, 2023 February 9, 2027 Comment SMEs with a loan via the line of credit Value 0.00 0.00 600.00 Date February 9, 2022 June 12, 2023 February 9, 2027 Comment Share of license types processed through OSS Value 0.00 0.00 25.00 Date February 9, 2022 June 12, 2023 February 9, 2027 Comment Supply-chains/clusters with new linkages that involve SMEs Value 0.00 0.00 5.00 Date February 9, 2022 June 12, 2023 February 9, 2027 Comment Of which female-owned or managed Value 0.00 0.00 400.00 Date February 9, 2022 June 12, 2023 February 9, 2027 Comment Annual volume on National Electronic Payment Switch Value 0.00 0.00 5000000.00 Date February 9, 2022 June 12, 2023 February 9, 2027 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Private investment leads Value 0.00 0.00 250000000.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment SMEs receiving technical assistance Value 0.00 0.00 150.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment Institutions connected to the National Electronic Payment Switch Value 0.00 0.00 8.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment Beneficiary satisfaction with NSW and SME skills training (citizen engagement indicator) Value 0 0 >70% Date February 9, 2022 June 9, 2023 February 9, 2027 Comment Share of license types available on OSS Value 0.00 0.00 80.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment Adults covered by the credit registry (%) (Percentage) Value 3.20 3.20 8.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment Of which female-owned or managed Value 0.00 0.00 100.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment Of which female-owned or managed (Percentage) Value 0 0 >70% Date February 9, 2022 June 9, 2023 February 9, 2027 Comment NSW users Value 0.00 0.00 650.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment NPL ratio of Line of Credit portfolio Value 0 0 <10 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment Of which female-owned or managed Value 0.00 0.00 325.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment Policies, regulations, procedures, and institutional improvements passed/adopted/improved Value 0.00 0.00 4.00 Date February 9, 2022 June 9, 2023 February 9, 2027 Comment