LIBERIA - Renewable Energy for Electrification in Liberia (REEL Project) - Additional Financing (AFDB-P-LR-FA0-005)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Liberia
Geographic location where the impacts of the investment may be experienced.
Specific Location
Gbedin Falls, Nimba and Bong Counties
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Nov 24, 2025
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Liberia
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Hydropower
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 7.34 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Loan Amount (USD)
$ 7.34 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 10.28 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Feb 1, 2026


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

As stated by the AfDB, the development objective of the project remains to increase access to reliable, affordable, and sustainable electricity in Liberia by expanding renewable energy generation and distribution. Through the completion of the hydropower plant and associated infrastructure, the project aims to generate 56.5 GWh of clean energy annually and supply approximately 6.9% of the national electricity mix. It will reduce dependence on expensive fossil-fuel generation and electricity imports, extend electricity access to underserved rural communities, and enable more affordable and reliable energy services for households, schools, health facilities, and businesses. The project also supports national economic growth by lowering energy costs, fostering private sector development, and contributing to climate mitigation through the avoidance of 44,804 tCO2eq per year, consistent with Liberia’s NDC commitments.

The project is expected to directly benefit around 60,000 people through improved access to reliable electricity, supported by the connection of 6,650 households and businesses in Nimba and Bong Counties. Local communities will gain from the electrification of schools, clinics, administrative buildings, and small industries, which will enhance service delivery, economic productivity, and living standards. Youth and women are major beneficiaries, with more than 1,048 temporary jobs already created during construction and 52 permanent jobs anticipated for the operation and maintenance of the hydropower facilities, supported by specific gender and youth inclusion targets. The national electricity system also benefits from the integration of a new renewable energy source, reducing import dependence and improving climate resilience.

The Renewable Energy for Electrification in Liberia (REEL) – Additional Financing Project aims to complete the development of a 9.34 MW run-of-river hydropower plant at Gbedin Falls, together with its evacuation line, substations, access roads, and distribution network across Nimba County. The project was originally approved in 2019 and is implemented by the Government of Liberia and the African Development Bank through the Rural and Renewable Energy Agency (RREA). Additional financing became necessary following significant cost overruns related to higher-than-expected hydropower plant construction bids and unforeseen topographical constraints affecting access road works. The revised total project cost now amounts to UA 32.11 million, compared to the initial UA 24.45 million. The African Development Fund is providing UA 5.47 million in new loan resources, bringing the Bank Group’s total contribution to UA 29.12 million, while the Government of Liberia is contributing UA 2.99 million, including UA 2.19 million earmarked for the access road. No changes have been made to the project’s scope or design; the additional financing strictly covers the funding gap required to complete the original components, including the hydropower plant, road works, safeguards implementation, project management, and the Gender Action Plan.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No project contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBÕs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process.

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at: https://www.afdb.org/en/independent-review-mechanism/

How it works

How it works