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Liberia: Wallace International Unveils $3 Million Investment to Transform Education, Trade, and Housing in Grand Gedeh

The final component is a US$1 million housing project aimed at addressing rising housing demands as Grand Gedeh’s population continues to grow./ Eva Youboty-Wallace.

Monrovia – A Liberian-owned firm based in the United States has announced a US$3 million investment package for transformative development projects in Grand Gedeh County, targeting the education, commerce, and housing sectors.

Wallace International Incorporated, led by Liberian entrepreneur Wenceslaus Wallace Sr. and his wife, Eva Youboty-Wallace, made the announcement over the weekend. The couple described the initiative as both a strategic business move and a personal commitment to Eva’s native Grand Gedeh.

“This is not just about business. It’s about giving back to a place we love and believe in,” said Mr. Wallace.
“Our investment will directly support three sectors: education, trade, and housing.”

Digital Libraries for Students

At the heart of the initiative is a state-of-the-art, solar-powered digital library valued at US$1 million (L$195 million) to be constructed on the campus of the Grand Gedeh County Community College. The facility will provide 24/7 access to e-books, academic journals, and research tools.

A second digital library of similar standard will be built in Ziah Town, Konobo District, on the grounds of Ziah Town Central High School.

“Our assessment revealed that students at the community college are struggling due to a lack of access to research materials. We want to change that and help foster a culture of learning,” Wallace explained.

The Grand Gedeh campus library will be named in honor of Eva Youboty-Wallace, recognizing her passion for education and her roots in the county.

Modern Markets to Boost Trade

The second phase of the investment will see the construction of two modern market centers—one in Zwedru and another in Ziah Town—at a combined cost of US$1 million.

The Ma Anna Youboty-Sancea Market Center in Zwedru and the Ma Tahyornoh Youboty-Dweh Market Center in Ziah Town will feature modern amenities including parking lots, electricity, sanitation facilities, sewage systems, and eco-friendly waste disposal.

“Zwedru currently operates with basic market infrastructure. Our new complex will be a secure, vibrant space where trade can truly thrive, not only for Grand Gedeh but for the entire southeastern region,” the Wallaces stated.

Housing for a Growing Population

The final component is a US$1 million housing project aimed at addressing rising housing demands as Grand Gedeh’s population continues to grow.

“Grand Gedeh is emerging as a key hub in the southeast. Without intervention, housing will become a major issue. This project is about ensuring stability and dignity for future generations,” Mr. Wallace emphasized.

From Vision to Reality

The multi-million-dollar idea took shape during a 2019 visit to Liberia, when discussions with local leaders inspired the Wallaces to rethink how their success abroad could be channeled into sustainable impact back home.

“After those conversations, we went back, reassessed our business model, and held internal consultations. That’s what led to this decision. It’s been years in the making,”  he said.

A New Chapter for Grand Gedeh

With groundwork already underway, Wallace International’s US$3 million commitment represents one of the most significant private investments in Grand Gedeh in recent years.

“This is about opportunity, development, and pride,” the Wallaces declared. “We’re not just building infrastructure; we’re building a future.”

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