While addressing the 2021 African Union Summit earlier this year, President Biden called on the United States to work together with African nations "to advance our shared vision of a better future." At MCC, we are doing just that. Since the agency's founding in 2004, MCC has invested more than $9 billion in grant funding across 24 coutnry partners in Africa. MCC's programs—designed and implemented in partnership with the countries themselves—tackle constraints to economic growth and include work with governments to address policy and institutional reforms that are responsive to the needs of their citizens. Together with partner countries, we have built and upgraded roads, increased access to reliable and affordable electricity, supported agriculture and irrigation, and provided people with greater access to clean water, education, and healthcare services. | | MCC's Podcast Series is Here! May 25, 2021 | Season 1 | Episode 1 | | Making public services like water and electricity more affordable and accessible for low income, rural, and marginalized households is a major factor for ensuring social inclusion in MCC's infrastructure investments. | | | Twenty Five women from across Kosovo graduated from Des Moines Area Community College (DMACC) May 01 as part of a two-year, fully-funded associate degree program to study technology, science, math, and electrical engineering. | | | Acting CEO Mahmoud Bah and Deputy CEO Alexia Latortue sat down with Voice of America to discuss the agency's work as an early leader in combating climate change, as well as where MCC will focus its efforts in the near future. | | | | Education for Employability Partnership Grants in Morocco | | The World Bank (WB) has invested $200 billion in Africa over the past decade and intends to invest and mobilise another $150 billion to support the continent's development with a large portion from the International Development Agency (IDA), said WB President David Malpass. | | | In Benin, Burkina Faso, Chad and Mali, Africa's four major cotton-producing LDCs, 70% of their 2020 lint remains stuck in mills, in transit hubs or in ports due to Covid-19. The production of soap is helping to make up for some of this lost revenue. | | | Vice President of MCC's Department of Compact Operations Fatema Sumar sat down with DC Nepal to discuss the next steps for the $500 million MCC-Nepal compact, which includes an additional $130 million from the Nepal government - the highest up-front contribution for a partner ever. | | | | "Together, MCC and SBA are uniquely positioned to bring market-ready, localized solutions to our grant programs while creating a path for private sector investments—critical elements in long-term economic development," said Alexander Dixon, Senior Director of MCC's Finance, Investment and Trade (FIT) team. | | | | |
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