MONROVIA, Liberia — Liberia is seeking to deepen economic cooperation with the United States by attracting American investment into key sectors and advancing discussions surrounding a proposed Millennium Challenge Corporation (MCC) Compact.
Finance and Development Planning Minister Augustine Kpehe Ngafuan outlined the government’s priorities on Wednesday during a meeting with Kristin Gilmore, Chargé d’Affaires at the U.S. Embassy in Monrovia, who visited his office for discussions on bilateral relations.
Ngafuan identified energy, port infrastructure, road development, tourism, telecommunications, and financial technology as areas offering potential opportunities for American investors.
He also acknowledged Washington’s support for Liberia’s development agenda, particularly efforts to advance the country’s eligibility for an MCC Compact.
According to the minister, cooperation between the two governments has helped move the Compact Development process forward. He emphasized the government’s intention to maintain progress as the necessary procedures continue.
The proposed compact could provide a framework for further development assistance and economic cooperation, subject to the fulfillment of applicable requirements.
For her part, Gilmore welcomed Liberia’s economic progress and commended the government’s efforts to strengthen domestic revenue generation. She specifically highlighted initiatives to broaden the tax base in 2026.
The U.S. diplomat also reaffirmed the embassy’s commitment to supporting opportunities for trade, investment, and cooperation in public health.
Gilmore further disclosed that a delegation from the U.S. state of Maryland is expected to visit Liberia next week to explore potential areas of collaboration, including education, financial technology, and tourism.
Reflecting on her return to Liberia, where she previously served in 2009, Gilmore said she was pleased to witness the country’s development.
Her current responsibilities also include supporting regional peace and diplomatic engagement, particularly as Liberia serves on the United Nations Security Council.
The meeting reflects continuing efforts by Monrovia and Washington to expand their longstanding relationship beyond traditional development cooperation, with greater attention to investment opportunities, economic growth, and institutional partnerships.
However, the discussions did not include publicly announced investment commitments or specific financial agreements, leaving the proposed initiatives dependent on further engagement between the two countries.
