Press releases are listed by date from most recent to oldest.
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Albania Selected for MCC Partnership Following Passage of the Millennium Challenge Corporation Candidate Country Reform Act
On December 23, 2024, the Millennium Challenge Corporation Candidate Country Reform Act became law. MCC’s Board of Directors utilized this new authority to select Albania as eligible to develop a compact in January 2025.
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MCC, Mauritania Sign $27 Million Grant to Modernize Energy Sector and Boost Resilience
Today, a $27 million threshold grant agreement designed to modernize the electricity sector and bolster resilience was signed by MCC CEO Alice Albright and and Mauritania Minister of Economy and Finance Sid’ Ahmed Ould Bouh.
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MCC Board Approves Additional Funding for Nepal Compact
The MCC Board of Directors has approved $50 million of additional funding for the Nepal Compact.
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MCC Board Selects Liberia for New Partnership
The MCC Board of Directors selected Liberia as newly eligible to develop a compact during its quarterly meeting and discussed the new opportunities that the Millennium Challenge Corporation Candidate Country Reform Act provides for MCC.
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MCC Releases FY25 Country Scorecards
Today MCC released its fiscal year (FY) 2025 country scorecards, a key component in determining which countries will be selected as eligible to develop five-year grant agreements, known as compacts, in FY 2025.
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MCC, Zambia Sign $491 Million Compact to Advance Agriculture Sector
MCC CEO Alice Albright joined Zambia’s Minister of Finance Situmbeko Musokotwane, yesterday, in signing the $491 million Zambia Farm-to-Market Compact designed to deliver sustainable and inclusive economic growth for the people of Zambia.
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MCC, Sierra Leone Sign $480M Compact to Improve Affordable Energy Access
Today, MCC CEO Alice Albright and Sierra Leone Minister of Finance Sheku Bangura signed a $480 million compact designed to help millions of people gain access to affordable and reliable electricity.
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MCC Board Approves Côte d’Ivoire Regional, Zambia compacts
The MCC Board of Directors approved the Côte d’Ivoire Regional and Zambia compacts and authorized MCC’s Fiscal Year 2025 country selection criteria during its quarterly meeting today.
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MCC, Government of Indonesia Launch $649 Million Infrastructure and Finance Compact
MCC and the Government of Indonesia launched the $649 million Indonesia Infrastructure and Finance Compact—a five-year grant focused on improving the quantity and quality of infrastructure and increasing access to finance for small and medium enterprises.
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MCC, Belize Sign $125M Compact to Enhance Education, Lower Energy Costs
MCC CEO Alice Albright joined Belize Prime Minister John Briceño, Wednesday, in signing the $125 million Belize Compact designed to deliver sustainable and inclusive economic growth for the people of Belize.
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MCC CEO Lauds Progress on Indonesia Infrastructure and Finance Compact
MCC CEO Alice Albright traveled to Indonesia to celebrate progress on the launch of the $649 million Indonesia Infrastructure and Finance Compact.