Liberia: Amended Contract for the Liberian Electricity Company (LEC)

The brief explains how the IFC in coordination with other development partners, helped to bring private sector participation into the power sector in Liberia by structuring a partnership between the government of Liberia and a private partner. As there was a lack of market appetite for a fully private option, in April 2010, IFC concluded the design and tendering of a five-year management contract for the Liberia Electricity Corporation (LEC), the electricity utility in the capital city of Monrovia.

Liberia Electricity Law 2015

The West African nation of Liberia is among the world’s poorest countries. Its two civil wars devastated most of  its infrastructure, economy, and institutions, leaving the Liberian population in extreme poverty. At the end of the second war in 2003, most of the country’s electricity generation, transmission, and distribution assets were destroyed. With support from donors, including USAID and the World Bank, the government began rebuilding its electricity infrastructure through the Emergency Power Programs (2006–12).

Engaging the Private Sector in Liberia's Electricity Future

With the assistance of the International Finance Corporation (IFC), the Government of Liberia awarded a five-year management contract for the Liberia Electricity Corporation (LEC) to Manitoba Hydro International (MHI) of Canada in 2010. With the support of donors, including USAID, Norway, the World Bank and the European Union, the contract aims to rebuild the electricity system in Monrovia and significantly expand access to electricity while improving the operational and financial performance of LEC.