Press Releases

Press releases are listed by date from most recent to oldest.

May 9, 2018

MCC Celebrates Completion of Five-year Compact with Indonesia

A delegation from MCC celebrated the accomplishments of the MCC Indonesia Compact at a ceremony in Jakarta on May 8.

May 7, 2018

MCC Compact Celebrates US-Indonesia Partnerships to Promote Economic Growth, Better Health, Strengthened Government Services for Indonesians in NTB

A delegation from MCC joined United States Ambassador to Indonesia Joseph R. Donovan Jr. in Lombok to mark the closure of MCC’s compact with the Government of Indonesia.

April 24, 2018

U.S. Millennium Challenge Corporation Announces $8.8 million to Advance Progress on Development of Burkina Faso Compact

MCC last week announced $8.8 million in new funding to advance the development of a five-year MCC compact in Burkina Faso to reduce poverty through economic growth.

April 23, 2018

President Trump Signs AGOA and MCA Modernization Act into Law, Giving MCC Authority to Make Regional Investments

President Donald J. Trump today signed into law the AGOA and MCA Modernization Act (H.R. 3445), enabling MCC to make cross-border, regional investments.

April 10, 2018

U.S. Senate Passes AGOA and MCA Modernization Act to Facilitate Global Investment, Growth

Yesterday evening, the U.S. Senate passed the African Growth and Opportunity Act and Millennium Challenge Act Modernization Act (AGOA and MCA Modernization Act, HR 3445), which will enable MCC to make cross-border, regional investments.

April 3, 2018

Press Readout from MCC Board of Directors Meeting on April 3, 2018

At its quarterly meeting today, the MCC Board of Directors approved a $35 million threshold program with the Togolese Republic.

February 16, 2018

Millennium Challenge Corporation Visits Timor-Leste to Discuss New MCC Program to Advance Economic Growth

A delegation from MCC visited Timor-Leste this week to discuss the development of an MCC Compact to reduce poverty and promote economic growth in partnership with the Government of Timor-Leste.

February 14, 2018

Millennium Challenge Corporation Visits Lesotho to Discuss New Compact Development

A delegation from MCC, comprised of Kyeh Kim, Principal Deputy VP, Africa; Tom Kelly, Acting VP Department of Policy and Evaluation; and Jason Small, Managing Director, Africa, visited Lesotho to discuss the development of an MCC compact.

February 14, 2018

Millennium Challenge Account of Malawi Awards Competitive Tender to U.S. Firm

The MCA-Malawi, the entity implementing a $350.7 million compact between the Government of Malawi and MCC, announced this week that it awarded Ellicott Dredges LLC, of of Baltimore, Maryland, USA, a $7 million competitively tendered contract.

February 12, 2018

President Trump Requests $800 Million for Millennium Challenge Corporation

President Donald J. Trump today delivered his fiscal year 2019 budget proposal to Congress, including $800 million for the U.S. Government’s Millennium Challenge Corporation (MCC).