Millennium Challenge Corporation (MCC) Chief Executive Officer Alice Albright concluded a trip to Nepal to celebrate the successful launch of the MCC-Nepal Compact.
MCC CEO Albright, Treasury Secretary Yellen, and Finance Minister Mulyani from Indonesia gather to sign the $649 million Indonesia Infrastructure and Finance Compact during the World Bank Spring Meetings.
MCC took center stage at today’s U.S.-Africa Business Forum as the United States, Benin, and Niger governments signed the first-ever MCC regional program.
Today, President Biden announced U.S. government will provide an additional $2.9 billion to address global food insecurity, including nearly $250 million through MCC.
The Partnership for Global Infrastructure and Investment will deliver game-changing projects to close the infrastructure gap in developing countries, strengthen the global economy and supply chains, and advance U.S. national security.
MCC and representatives from the Governments of Benin and Niger met to advance a proposed regional development grant designed to reduce the cost of transportation along the road corridor between the port of Cotonou and the capital city of Niamey.
