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2020Year in Review

2020 has been a year like no other. A global pandemic has reinforced the need for our investments, and throughout it all, our staff around the world and in D.C. have continued our mission: reducing global poverty through economic growth. From priorities with purpose and major milestones, to our continued commitment to transparency, take a look at MCC in a year like no other.

Priorities with Purpose

Women’s Economic Empowerment

MCC’s programs have always supported Women’s Economic Empowerment (WEE), and as a proud W-GDP partner, we took a bold, new step by adding WEE to our investment criteria to ensure this priority is included in every MCC program development.

MCC CEO Sean Cairncross joined Advisor Ivanka Trump, Secretary of State Mike Pompeo, and other White House and U.S. Government agency leaders to celebrate the first anniversary of the Women’s Global Development and Prosperity (W-GDP) Initiative at the Department of State.

  • MCC reached 13,945women this year
  • 9,986women participated in an MCC program this year designed to increase economic access
  • 3,959women participated in an MCC workforce training program this year

Regional Investments

MCC understands regional integration with our compact programs can take our work to the next level, creating new opportunities for achieving larger-scale reductions in poverty. People, goods, and services move across borders—and so should MCC’s investments.

MCC CEO Sean Cairncross and MCC Regional Team Lead Mahmoud Bah joined the Center for Global Development for a virtual event on MCC’s regional compact development progress.

Grace Ghambi’s Story

“The future for women and girls in my country seems very bright!” Grace Ghambi shows us how efforts to empower women economically can have far-reaching benefits.

Read Grace’s story

Marking Milestones

  1. January 23, 2020

    MCC Celebrates 16 Years

    This year, MCC celebrated 16 years as a development leader. In January 2004, Congress created MCC as a new approach to foreign assistance. Now over 16 years later, MCC has partnered with 29 countries on 37 compacts with a total value of over $13 billion.

  2. February 27, 2020

    A Fireside Chat with Secretary Rice

    In February, MCC CEO Sean Cairncross joined former Secretary of State Condoleezza Rice at Stanford University’s Hoover Institution in California for a moderated discussion on MCC’s unique model and bold approach to international development over the past 16 years.

  3. May 28, 2020

    Interactive Map of U.S. Business Partners

    MCC created an interactive map that highlights the U.S. businesses the agency works with and shows how MCC creates opportunities for U.S. businesses and the private sector, supporting sustainability and creating jobs.

  4. June 24, 2020

    Aid Transparency Index Rating

    Publish What You Fund (PWYF) released its 2020 Aid Transparency Index, ranking MCC as first among U.S. federal agencies and the top bilateral donor in the world for aid transparency.

  5. August 13, 2020

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

    In August, MCC and the Government of Burkina Faso signed a $450 million compact agreement—the agency’s second with Burkina Faso — to develop and improve access to reliable power in the country.

  6. August 18, 2020

    Speakers Bureau Relaunched

    MCC launched a new way to request our in-house experts for speaking engagements domestic and abroad! Our speakers include MCC senior staff representing a broad cross-section of expertise on MCC’s operations, sectors, and initiatives.

  7. September 9, 2020

    El Salvador Investment Compact Closes

    On September 9, MCC marked its 14-year partnership with the Government of El Salvador through the conclusion of its second compact with the country.

  8. October 16, 2020

    Water Kiosks in Sierra Leone

    MCC’s CEO, along with Sierra Leone’s Vice President Jalloh, led a U.S. delegation to a ribbon cutting ceremony in Freetown for one of 11 MCC-funded water kiosks. These kiosks will provide access to safe water for surrounding communities.

  9. November 3, 2020

    RN7 Niger Road

    MCA-Niger launched the rehabilitation of one of the roughest sections of the RN7 as part of the $437 million MCC – Niger Compact.

  10. December 15, 2020

    Board announced new partners for 2021

    At their quarterly meeting in December, the MCC Board of Directors unanimously selected new partner countries for 2021: Sierra Leone to develop a compact, Kiribati to develop a threshold program, and approval of the developed threshold program with the Solomon Islands.

Zakara Abdourahamane’s Story

“We, the truckdrivers, are the biggest beneficiaries of the rehabilitation of this section of road.” Zakara Abdourahamane highlights how Nigeriens will benefit from the rehabilitation of the commercially-vital RN7 road, including through time saved and fewer engine repairs.

Read Zakara’s story

Ismène Ahamide Zounmenou’s Story

“I hope for an electricity sector with sustainable growth.” Ismène is an entrepreneur and part of the small minority of female business owners specializing in renewable energy products in Benin. Only one-third of Benin’s population has access to electricity.

Read Ismène’s story