Millennium Challenge Corporation
@MCCgov
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MCC works with countries committed to good governance, economic freedom and investment in their people to reduce poverty through economic growth.
Washington DC
Joined June 2009
MCC’s Board of Directors selected Albania as newly eligible to develop a compact. This selection acknowledges Albania’s democratic history, the efforts of its institutions to fight corruption and uphold the rule of law, and the country’s ongoing development challenges.
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🚨 MCC’s updated scorecards are live! With the passage of the MCC Candidate Country Reform Act, 33 new countries have been added to our income pool. ➡️ Explore how countries are leveraging this critical tool:
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MCC and the Government of Mauritania 🇲🇷 signed a $27M threshold program. This partnership will support Mauritania’s goal of universal access to electricity by 2030, build energy management capacity, and advance environmental sustainability. Learn more:
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This December, CEO Alice Albright joins President Biden’s delegation to Angola. The MCC Candidate Country Reform Act is signed into law, expanding our candidate pool to 33 countries and strengthening our mission to reduce poverty through growth. #YearInReview
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In November, the MCC Board approves the Mauritania Threshold Program, marking a significant step toward advancing economic growth and sustainable development in the region. 🔗 Find out more: #YearInReview
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In October, MCC signs the $491M Zambia Farm-to-Market Compact, expanding investments to $800M to strengthen agriculture and infrastructure. MCC and @FeedtheFuture also celebrate the partnership at the 2024 World Food Prize, highlighting U.S.-Zambia initiatives. #YearInReview
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In September, MCC strengthens its global partnerships: 🇧🇿 Belize ($125M) to enhance education & energy access, 🇸🇱 Sierra Leone ($480M) to expand electricity, and 🇮🇩 Indonesia ($698M) to support SMEs & infrastructure. 🇨🇮 Côte d’Ivoire’s Regional Compact is also approved.
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As part of the National Defense Authorization Act, President Biden signed the MCC Candidate Country Reform Act into law, expanding our candidate country pool to 33 additional countries. This legislation strengthens our mission to reduce poverty through economic growth.
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In July, MCC is ranked the world’s most transparent bilateral agency for the 3rd consecutive time. CEO Alice Albright also visited Kiribati students in Seattle & MCC launched the Country Ownership Consultation. Find out more: #YearinReview
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2024 Year in Review: In May, MCC launched the $60M 🇰🇪 Kenya Threshold Program & $350M 🇲🇼 Malawi Compact, improving transport & connectivity. MCC also celebrated with global leaders in Texas & CEO Alice Albright testified before Congress.
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In April, MCC CEO Alice Albright joined Freedom House to discuss MCC’s commitment to locally led development. MCC also signed the $202M Kosovo 🇽🇰 Compact, enhancing energy reliability and sustainability. 🔗Find out more:
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March also marks the official launch of Lesotho Health and Horticulture Compact, which aims to enhance healthcare services, boost high-value crop production, and create equitable business opportunities for thousands of Basotho citizens. 🔗 READ MORE:
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Investing in the Economic Future of Indonesia
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MCC's Board of Directors' selection of Liberia reflects the country's significant progress in strengthening its MCC scorecard performance and its dedicated pursuit of economic and democratic governance reforms.
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RT @MeridianIntl: Global trade and development finance is evolving rapidly, requiring innovative approaches to meet the challenges of a cha…
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Today, the Senate passed the MCC Candidate Country Reform Act. This reform will expand MCC’s proven model to 33 more countries, fostering economic growth, inspiring good government, and promoting private sector investment.
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2024 #YearinReview: In February, CEO Alice Albright visits newly selected partner countries Cabo Verde and the Philippines, reinforcing MCC’s commitment to economic development and shared prosperity.
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2024 #YearinReview: In January, MCC kicks off its 20th anniversary celebrations, marking two decades of advancing global economic growth through impactful partnerships. Niger Compact ends, boosting food security and strengthening agricultural markets for nearly 4 million people.
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Behind Mubuga Solar success is @PowerAfricaUS, a U.S. government-led initiative partnering with private sector players and governments to bring projects like this to fruition. Find out more:
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