MCC's Development Report - June 2023

June 2023 Recap: MCC Board Approves New Grants, Powering an Energy Secure Benin, and more

Powering an Energy Secure Future for Benin  On June 22, MCC CEO Alice Albright, U.S. Ambassador to Benin, Brian Shukan, Beninese Minister of State for Development, Abdoulaye Bio Tchané, Minister of Energy, Water and Mines, Samou Seidou Adambi, and Secretary of State for Energy, Edouard Dahomé, celebrated the completion of the $422.6 million Benin Power Compact in Cotonou.  The five-year investment aims to improve energy accessibility and fortify Benin's power sector. As part of this effort, U.S. and Benin officials inaugurated the newly constructed national electricity dispatch and control center funded by the compact. MCC Board Approves $529 Million in Grants for Mozambique and Kiribati On June 28, MCC's Board of Directors approved the $500 million Mozambique Connectivity and Coastal Resilience Compact to improve transport connectivity in rural areas and the $29.1 million Kiribati Threshold Program to promote inclusive employment opportunities.   MCC@20: Model Application for Emerging Global Challenges On June 13, MCC CEO Alice Albright and Wilson Center CEO Ambassador Mark Green discussed what's next for MCC - ahead of our upcoming 20th Anniversary and how the model is addressing today's global challenges. Driving America's Economic Competitiveness On June 7, CEO Alice Albright participated in the 2023 USGLC Global Impact Forum and explored how the United States Government and its private sector partners can harness economic, security, and diplomatic tools to stabilize emerging global markets.  Boosting Entrepreneurial Women in Benin   Irene Pazou, the owner of Ice Palace in Benin, encountered challenges as a woman entrepreneur, such as unstable electricity, limited access to financing, and a lack of business tools. MCC partnered with the Beninese government to tackle these issues. Discover how the $391 million Benin Power Compact created the Women's Energy Entrepreneurship initiative to empower women entrepreneurs in the energy sector. Harnessing Data for Reliable Energy Solutions   Accra's week-long power outage last September emphasized the importance of reliable data to detect and monitor city outages in Ghana. To accurately measure the impact of its energy programs, MCC collaborated with the USAID-funded Development Impact Lab to pilot GridWatch, a high-frequency data collection system. Learn how GridWatch and other technology platforms are assessing grid performance. 15th Annual U.S.-Africa Business Summit | July 11 - 14 At this year's annual summit in Botswana, MCC's Vice President for Congressional and Public Affairs, Aysha House, and Deputy Vice President, Nicholas Bassey, will represent MCC in a range of activities designed to share "industry-tested solutions to today's business challenges in agribusiness, finance, energy, health, infrastructure, ICT, creative industries and more." MCC is Hiring!   Do you want a career where you can make a difference around the world? Join the Millennium Challenge Corporation! Whether you are new to the federal government or an experienced professional seeking a career change, check out our current openings.     MCC Twitter LinkedIn MCC Facebook MCC Instagram Contact Our Media Team MCC Website Copyright © 2021 - Millennium Challenge Corporation - All rights reserved Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

Breaking News: Homelessness soars in L.A. County, new count shows

Breaking News

Jun. 29, 2023 Homelessness soars in L.A. County, new count shows Homelessness continued to rise dramatically, increasing by 9% in Los Angeles County and 10% in the city of Los Angeles last year, in a stark illustration of the challenges faced by officials trying to reduce the number of people living on the streets. Efforts to house people, which include hundreds of millions of dollars spent on shelter, permanent housing and outreach, have failed to stem the growth of street encampments, according to the annual point-in-time count released Thursday by the Los Angeles Homeless Services Authority. Read more

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Breaking News: UCLA to expand in downtown L.A. with purchase of historic building

Breaking News

Jun. 29, 2023 UCLA to expand in downtown L.A. with purchase of historic building In another milestone move to expand its reach, UCLA announced it has purchased the landmark Art Deco-style Trust Building in downtown Los Angeles and expects to offer classes there later this year. The purchase comes nine months after UCLA, the nation's most popular university, bought two large properties owned by Marymount California University. Read more

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What's new on ADB.org, 30 June 2023: 17 items

Here is the latest list of content by ADB based on your preferences:

News Releases and News from Country Offices

ADB Approves Support for Strengthening of Customs and Logistics Sector in Nepal
https://www.adb.org/news/adb-approves-support-strengthening-customs-and-logistics-sector-nepal

New ADB Strategy for Kyrgyz Republic to Focus on Inclusive, Resilient, and Private Sector-led Growth
https://www.adb.org/news/new-adb-strategy-kyrgyz-republic-focus-inclusive-resilient-and-private-sector-led-growth

Procurement Notices (Goods and Works)

3700-PAK(COL): Balochistan Water Resources Development Sector Project (NCB-CAD-01)
https://www.adb.org/node/892001

Project Information and Documents

Amendment to the Loan Agreement (Ordinary Operations) for Loan 3987-PRC: Xiangtan Low-Carbon Transformation Sector Development Program
https://www.adb.org/projects/documents/prc-52230-001-lna-1

Loan Agreement (Ordinary Operations) for Loan 4321-BAN: South Asia Subregional Economic Cooperation Chittagong–Cox's Bazar Railway Project, Phase 1 (Tranche 3)
https://www.adb.org/projects/documents/ban-46452-005-lna

Bataan-Cavite Interlink Bridge Project: Initial Poverty and Social Analysis
https://www.adb.org/projects/documents/phi-52310-001-ipsa

Guangxi Hezhou Environment Restoration and Sustainable Development Project: Procurement Plan
https://www.adb.org/projects/documents/prc-51384-001-pp

Trans South–South Java Road Project: Initial Poverty and Social Analysis
https://www.adb.org/projects/documents/ino-56017-001-ipsa

Enhancing Safety, Security, and Sustainability of Apia Port Project: Quarterly Progress Report (January-March 2023)
https://www.adb.org/projects/documents/sam-47358-002-eapr-9

Publications

Supply Chain Finance in Central Asia and Caucasus
http://dx.doi.org/10.22617/BRF230230-2

Managing Plastic Waste in the People's Republic of China
http://dx.doi.org/10.22617/BRF230220-2

Safeguard Documents

Tonle Sap Poverty Reduction and Smallholder Development Project - Additional Financing (TSSD- AF): Sampong Chey Canal Subproject Updated Environmental Management Plan
https://www.adb.org/projects/documents/cam-41435-013-emp-28

Second Greater Mekong Subregion Tourism Infrastructure for Inclusive Growth Project: Coastal Road and Passenger Pier on Koh Tonsay Island, Kep Province Updated Initial Environmental Examination
https://www.adb.org/projects/documents/cam-49387-002-iee-8

Emergency Assistance for Rehabilitation and Reconstruction: Component 1 - Public Works Infrastructure Social Monitoring Report (July-December 2022)
https://www.adb.org/projects/documents/ino-52316-001-smr-8

Uch-Kurgan Hydropower Plant Modernization Project: Environmental Monitoring Report (July-December 2022)
https://www.adb.org/projects/documents/kgz-49240-002-emr-4

Green Power Development and Energy Efficiency Improvement Investment Program - Tranche 2: Packages 1, 2, 3, and 9 Environmental Monitoring Report (July-December 2022)
https://www.adb.org/projects/documents/sri-47037-005-emr-13

MFF Power Transmission Enhancement Investment Program II Tranche 3: 500 kV Lahore North S/S Updated Land Acquisition and Resettlement Plan
https://www.adb.org/projects/documents/pak-48078-005-rp-7

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