Press Releases

April 1, 2022

MCC Board Approves Grants for Lesotho, Kenya to Drive Sustainable, Inclusive Economic Growth

The Millennium Challenge Corporation’s (MCC) Board of Directors held its quarterly meeting March 31 and voted to approve two grant programs — a $300 million Lesotho Compact and a $60 million Kenya Threshold Program.

January 31, 2022

MCC Pauses Compact Activities in Burkina Faso

The Millennium Challenge Corporation (MCC) paused activity related to Burkina Faso’s $450 million compact today following the military’s actions against the elected government on Jan. 23.

January 26, 2022

MCC Statement on Events in Burkina Faso

MCC's Statement on Events in Burkina Faso

November 16, 2021

MCC, The Gambia Partner to Increase the Reliability of Electricity

June 16, 2021

MCC Advances Regional Integration to Expand Energy Access in West Africa

MCC has signed a memorandum of understanding with the governments of Burkina Faso and Côte d’Ivoire as part of its new regional energy interconnection program.

August 13, 2020

MCC Signs Compact with Burkina Faso to Improve Energy Sector, Reduce Poverty

MCC's $450 million compact with Burkina Faso is estimated to benefit 8 million people in the country.

December 12, 2018

MCC Board of Directors Selects New Bilateral Compacts, Threshold Programs, Eligible Countries for Concurrent Compacts

At its quarterly meeting, the U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors met to select countries eligible for MCC assistance, which is designed to spur economic growth and reduce poverty.

April 24, 2018

U.S. Millennium Challenge Corporation Announces $8.8 million to Advance Progress on Development of Burkina Faso Compact

MCC last week announced $8.8 million in new funding to advance the development of a five-year MCC compact in Burkina Faso to reduce poverty through economic growth.

May 23, 2017

President Trump Requests $800 Million for Millennium Challenge Corporation

President Donald J. Trump today delivered his fiscal year 2018 budget proposal to Congress, including $800 million for the U.S. Government’s Millennium Challenge Corporation (MCC) to continue its mission of fighting global poverty through economic growth.

December 14, 2016

Millennium Challenge Corporation Board of Directors Selects Burkina Faso, Sri Lanka, Tunisia for New Compacts

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.