During his remarks at the U.S. Africa Leaders Summit, United States President Jospeh R. Biden announced the MCC Board of Directors has selected The Gambia, Togo, Senegal, and Mauritania to develop new MCC grant programs.
The U.S. government’s Millennium Challenge Corporation (MCC), represented by its Acting Chief Executive Officer, Mahmoud Bah and Deputy Chief Executive Officer, Alexia Latortue are in Dakar to celebrate the launch of the $550 million MCC–Senegal Power Compact.
MCC Chief Operating Officer and Head of Agency Jonathan Nash joined U.S. Secretary of State Michael Pompeo and Senegalese Prime Minister Mahammed Boun Abdallah Dionne to recognize the signing at the U.S. Department of State.
The U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors has approved the new five-year $550 million Senegal Power Compact designed to increase reliability and access to electricity, support economic growth and reduce poverty.
At its quarterly meeting on September 13, the Millennium Challenge Corporation’s (MCC) Board of Directors received an update on the agency’s investment portfolio by MCC Acting Chief Executive Officer Brock Bierman.
At its quarterly meeting on December 13, 2016, the Millennium Challenge Corporation (MCC) Board of Directors selected Burkina Faso, Sri Lanka and Tunisia for new MCC compacts – five-year grants – to encourage economic growth and reduce poverty.