Partnership in Practice: Financing for Development Results
As part of the fourth Financing for Development Conference, MCC hosted a side event titled Partnership in Practice: Financing for Development Results.
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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.
2024 Year in Review
In looking back at 2024, we see the impact MCC has had on poverty reduction worldwide.
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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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Board of Directors Meeting, December 2024
The Millennium Challenge Corporation's Board of Directors holds its quarterly meeting to hear an update from 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.