On December 14, 2022 MCC signed its first regional compact, a $504 million grant with Benin and Niger to improve the trade corridor between the port of Cotonou in Benin and the capital city of Niamey, Niger.
MCC and the Government of the Republic of Kosovo sign a $202 million compact that will transform Kosovo's energy sector to be more sustainable, inclusive, reliable and affordable.
MCC's $316 million Ghana Power Compact has helped the Government of Ghana improve the country's power sector through investments that provided more reliable and affordable electricity to Ghana's businesses, households and institutions.
By tying results directly to the desired impact, and providing funding only after the results have been achieved, results based financing (RBF) is supporting country partners in their pursuit to reduce poverty and spur economic growth.
MCC hosted leaders from around the world to discuss how the United States will work with partners to deliver inclusive and sustainable infrastructure to meet the tremendous needs of low- and middle-income countries.
On February 24, 2022, Mahmoud Bah was appointed as MCC's Deputy Chief Executive Officer and gave a few remarks on his 12-year tenure with MCC and his commitment to the agency's mission and values.
