Press Releases

December 14, 2022

U.S.-Africa Leaders Summit: Biden Announces MCC Selects Four African Countries for New Partnerships

During his remarks at the U.S. Africa Leaders Summit, United States President Jospeh R. Biden announced the MCC Board of Directors has selected The Gambia, Togo, Senegal, and Mauritania to develop new MCC grant programs.

November 9, 2022

COP27: MCC, USAID Partner to Scale-Up Green Finance in Developing Economies

MCC and USAID announced today they will work together to expand the use of green financing in low- and lower-middle income countries through the Joint Green Finance Pilot Program.

December 15, 2021

MCC’s Board Selects Belize, Zambia for Grant Assistance

MCC's Board of Directors held its quarterly meeting yesterday and selected Belize and Zambia as newly eligible to develop MCC compacts.

December 16, 2020

MCC Board of Directors Selects New Countries for Grant Assistance Programs

At its quarterly meeting on December 15, the Millennium Challenge Corporation (MCC) Board of Directors met to select countries eligible for MCC assistance, which is designed to spur economic growth and reduce poverty.

January 27, 2020

Millennium Challenge Corporation Chief Executive Officer Visits Mozambique to Discuss New Compact Program to Advance Economic Growth

MCC CEO Sean Cairncross led a delegation to Maputo this week to discuss the development of a compact program, following Mozambique's selection by the MCC Board of Directors in December 2019.

December 9, 2019

MCC Board of Directors Selects Mozambique for New Compact, Kenya for New Threshold Program

At its quarterly meeting on December 9, the Millennium Challenge Corporation (MCC) Board of Directors met to select countries eligible for MCC assistance, which is designed to spur economic growth and reduce poverty.

September 24, 2013

MCC Completes Successful Compacts with Lesotho, Mongolia, Morocco, Mozambique, and Tanzania

The Millennium Challenge Corporation is successfully completing compacts with Lesotho, Mongolia, Morocco, Mozambique, and Tanzania this month.

June 19, 2013

MCC Board Approves Georgia Compact

October 8, 2010

MCC Signs Memorandum of Understanding with African Development Bank and African Development Fund

Washington, D.C.—The U.S. Government’s Millennium Challenge Corporation (MCC) Chief Executive Officer Daniel W. Yohannes joined African Development Bank (AfDB) Group President Donald Kaberuka in signing a memorandum of understanding (MOU) today to work together in promoting sustainable economic growth as the catalyst for poverty reduction.

September 24, 2008