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Liberia Electricity Sector Strengthening and Access Project (LESSAP) Phase 2

Abstract*

The investments proposed under the second phase of the LESSAP MPA will help address the poor operational and commercial performance of LEC leading to a financial turnaround of LEC as well as the low access to electricity to allow for achieving universal access to electricity within a reasonable timeframe. These include rehabilitation and expansion of the electricity infrastructure and systems, enhancement of LEC financial performance, off-grid electrification...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The PDO is to expand the access to electricity services and enhance the operational performance of the Liberia Electricity Corporation (LEC).

Key Details

Project Details

  • P180498

  • Active

  • Mohammad Saqib , Omar Sherif

  • Republic of Liberia

  • Liberia

  • May 14, 2024

  • (as of board presentation)

    June 24, 2024

  • December 10, 2024

  • US$ 0.00 million

  • Liberia Electricity Corporation,Rural and Renewable Energy Agency

  • Western and Central Africa

  • 2024

  • US$ 50.00 million

  • N/A

  • June 24, 2024

  • June 30, 2029

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 45.00
Energy Sector Management Assistance Program 5.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 45.00
IBRD + IDA Commitment 45.00
Lending Instrument
Grant Amount 5.00
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

Download:
No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Jun 24, 2024 IDA-76120 Loan Commitment 45,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Monitoring and Evaluation Satisfactory 2024-10-28
Overall Implementation Progress (IP) Satisfactory 2024-10-28
Progress towards achievement of PDO Satisfactory 2024-10-28
Procurement Satisfactory 2024-10-28
Project Management Satisfactory 2024-10-28
Financial Management Satisfactory 2024-10-28

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.