
12/24/2020
From our MCC team in Washington, DC and all around the world, we wish you a happy holiday season! 🎄❄️
Welcome to MCC - a United States Government agency reducing poverty through economic growth in developing countries. For official information, please visit http://www.mcc.gov.
For MCC's privacy policy, visit http://www.mcc.gov/privacy The Millennium Challenge Corporation (MCC) is an innovative and independent U.S. Government foreign aid agency that is helping lead the fight against global poverty. Established in January 2004, MCC is based on the principle that aid is most effective when it reinforces good governance, economic freedom and investments in people. MCC’s mission is to reduce global poverty through the promotion of sustainable economic growth.
From our MCC team in Washington, DC and all around the world, we wish you a happy holiday season! 🎄❄️
In MCC’s commitment to transparency, we released 84 evaluation briefs in 2020! Evaluation briefs are technically rigorous but user-friendly summary report on key findings from MCC investments.
Check out more MCC achievements in this #YearLikeNoOther ➡️ https://www.mcc.gov/news-and-events/feature/year-in-review-2020
A big achievement for MCC in 2020 was receiving @aidtransparency ranking as:
⭐ Most Transparent Agency in the U.S. Government
⭐ Top Bilateral Donor in the 🌎
Check out more MCC milestones in this #YearLikeNoOther: https://www.mcc.gov/news-and-events/feature/year-in-review-2020
MCC’s @WhiteHouse #WGDP accomplishments in this #YearLikeNoOther:
⭐ 14,000 women reached
⭐ 10,000 women participated in a program designed to ⬆️access to economic opportunity
⭐ 4,000 women participated in workforce training
See more MCC milestones from 2020: http://www.mcc.gov/2020
Blerona was 23 when she left #Kosovo & moved to Iowa to study technology, science, math & electrical engineering. She returned to Kosovo with the ambition of training the next generation of women in energy in Kosovo.
Blerona’s Story: https://www.mcc.gov/blog/entry/blog-111920-women-driving-change-kosovo-energy-sector
#YearLikeNoOther
2020 has been a #YearLikeNoOther. Check out our new feature page that highlights MCC’s key milestones & achievements this year.
Check it out 👇
https://www.mcc.gov/news-and-events/feature/year-in-review-2020
2020Year in Review 2020 has been a year like no other. A global pandemic has reinforced the need for our investments, and throughout it all, our staff around the world and in D.C. have continued our mission: reducing global poverty through economic growth. From priorities with purpose and major mile...
For the 5th year in a row, @Results4America has named MCC the government leader in using evidence, results, & learning to drive positive outcomes for people around the world!
Learn more about how MCC is leading the charge 👇
https://www.mcc.gov/blog/entry/blog-122120-mcc-tops-results-for-americas-ranking
U.S. Embassy Freetown, Sierra Leone
Salone do well! Ambassador Maria Brewer, MCC Resident Threshold Director Matt Langhenry and MCCU CEO Ndeye Fatu Koroma congratulate President Bio on Sierra Leone's selection for an MCC compact. The multimillion dollar grant agreement will support Sierra Leone's efforts to reduce poverty through economic growth.
MCC CEO Sean Cairncross on this week’s Board of Directors’ announcement to choose Sierra Leone, Kiribati, + the Solomon Islands for MCC assistance:
ICYMI: MCC’s Board of Directors announced selection of Sierra Leone for a new compact, Kiribati for a new threshold program, & approved the $23M Solomon Islands Threshold Program. MCC looks forward to working with these countries to reduce poverty through economic growth! 🇸🇱 🇰🇮 🇸🇧
Read more about the announcement 👇
https://www.mcc.gov/news-and-events/release/release-121620-mcc-board-of-directors-selects-new-countries-for-grant-assistance-programs
Press Release MCC Board of Directors Selects New Countries for Grant Assistance Programs For Immediate Release December 16, 2020 Contact: 202-521-3880 Email: [email protected] WASHINGTON, D.C., December 16, 2020 – At its quarterly meeting on December 15, the Millennium Challenge Corporation (MCC) Boar...
Congrats to our newly selected partners! Want to learn more?
Check out the press release from MCC’s Board Meeting 👇
https://www.mcc.gov/news-and-events/release/release-121620-mcc-board-of-directors-selects-new-countries-for-grant-assistance-programs
The MCC Board of Directors has unanimously approved the Solomon Islands Threshold Program.
The MCC Board of Directors has unanimously selected #Kiribati for a new threshold program.
The MCC Board of Directors has unanimously selected #SierraLeone for a new compact partnership
Stay tuned: We have more exciting updates from our December Board Meeting coming tomorrow!
#YearLikeNoOther
November highlights from this #YearLikeNoOther:
⭐ FY21 Scorecards Released
⭐ CNBC Africa Interview with MCC CEO Sean Cairncross
⭐ PPP Toolkit Launched with World Bank
October was packed with MCC activity!
✳️ MCC CEO Sean Cairncross traveled to #Benin & #SierraLeone
✳️ #BelieveinWEE Campaign & WEE Page
✳️ 2 MOUs Signed - Africa50 + OECD
✳️ New Regional Feature Page
✳️ Africa Regional Media Hub press briefing with MCC CEO
#YearLikeNoOther
September 2020 MCC highlights:
📌 Kosovo Prime Minister Avdullah Hoti visited MCC
📌 Closed El Salvador Compact
📌 Created Speakers Bureau
📌 Created Social Media Toolkit
📌 New #blendedfinance taskforce with U.S. International Development Finance Corporation
#YearLikeNoOther
MCC was also featured in @ForeignPolicy on how the agency is boosting resilience for developing nations in unexpected ways.
Check it out 👇
https://foreignpolicy.com/sponsored/mcc-development-aid-boosts-resilience-in-unexpected-ways/
#YearLikeNoOther
In July, we added 2️⃣ new institutional investment criteria – Women’s Economic Empowerment (WEE) & Blended Finance. The criteria will ensure these priorities are included in program development from the start!
#YearLikeNoOther
In 1948, @UN adopted the Universal Declaration of Human Rights to identify common rights & freedoms for all people in all nations – today, we celebrate these rights & continue our work of protecting & promoting these fundamental & essential freedoms #HumanRightsDay
MCC not only ranks #1 Most Transparent Agency in the U.S. Government, but also ranks as the top bilateral donor in the 🌍!
#YearLikeNoOther
June was a big month for MCC!
✳️ Released ⭐ Reports on Zambia + Malawi
✳️ @ForeignPolicy event w/ @MCC_CEO
✳️ Ranked #1 as Most Transparent Agency in U.S. Govt
✳️ Highlighted MCC procurement response to #COVID19
✳️ Board approved Burkina Faso Compact
#YearLikeNoOther
The U.S. business partners page features an interactive map that highlights U.S. businesses we work with & how MCC is:
📌 creating opportunities for U.S. businesses
📌 working w the private sector to ensure sustainability & create American jobs
http://mcc.gov/contracts-map
Our health feature page highlights MCC’s health programs & contribution to the U.S.’s global #COVID19 response
Check it out here 👇
https://www.mcc.gov/news-and-events/feature/mcc-us-covid-response
#YearLikeNoOther
MCC’s success is rooted in its singular focus of reducing poverty through economic growth. We are most accountable and impactful working within our unique model which is designed to strengthen economies in developing countries. Our data-driven process develops investments to unlock a country’s m...
In May we were excited to release TWO new innovative features:
⭐ MCC’s contribution to global #COVID19 response
⭐ U.S. Business Partners Interactive Map
#YearLikeNoOther
MCC CEO Sean Cairncross also was interviewed by Oxford Business Group for the #CotedIvoire 2020 Report
Check it out: https://oxfordbusinessgroup.com/interview/dynamic-economy-sean-cairncross-ceo-millennium-challenge-corporation-policy-approaches-sustainable
#YearLikeNoOther
In May, @MCC_CEO virtually participated in @REI_Systems @JohnsHopkins Government Analytics Breakfast to discuss how the pandemic reinforces MCC’s mission and approach to development.
GAB Breakfast 📽️ https://www.youtube.com/watch?v=n2isljVfzIc&feature=emb_logo
#YearLikeNoOther
REI Systems GAB Forum 'How Data & Evidence Can Improve Results Achieved by Government
April was an important month in focusing MCC’s key priority areas for the remainder of 2020:
✔️ MCC’s Global Health Impact
✔️ Blended finance/Private Sector Engagement
✔️ Women’s Economic Empowerment
✔️ Regional Compacts
#YearLikeNoOther
MCC dubbed 2020 as the #YearofWASH & hosted a digital #WASHWEEK to highlight MCC programs that are improving access to clean water & sanitation, a key to protecting communities from the spread of #COVID19
Check out the #YearofWASH feature page we released 👇
https://www.mcc.gov/news-and-events/feature/year-of-wash
#YearLikeNoOther
In March, the initial impact of #COVID19 was felt around the 🌍. MCC quickly responded by shifting to a virtual environment, implementing CDC Global guidance, & underscoring MCC programs that directly & indirectly impact a country’s health outcomes.
#YearLikeNoOther
February was a busy month for MCC CEO Sean Cairncross! He:
⭐ Joined Condoleezza Rice at Hoover Institution to celebrate 15 years of agency success!
⭐ Traveled to #Germany for the Munich Security Conference
⭐ Delivered remarks at the 6th Annual Powering Africa Summit in #Miami
#YearLikeNoOther
This year, we joined @IvankaTrump & @WhiteHouse in celebrating #WGDP’s 1-year anniversary. MCC is proud a partner of #WGDP and its mission to economically empower women around the world!
Learn how MCC is investing in #data and #evidence to improve program impact in this year’s @Results4America Federal Standard.
Tune in today @ 2 p.m. EST ➡️ https://us02web.zoom.us/webinar/register/WN_xon5hKluS8CwBepUZTY5DA
MCC’s work on #evidencebased programs will be highlighted in @Results4America virtual event tomorrow: the 2020 Invest in #WhatWorks #FederalStandard of Excellence Launch!
Register ➡️
https://us02web.zoom.us/webinar/register/WN_xon5hKluS8CwBepUZTY5DA
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Learn how MCC is investing in #data and #evidence to improve program impact in this year’s @Results4America Federal Standard. Tune in today @ 2 p.m. EST ➡️ https://us02web.zoom.us/webinar/register/WN_xon5hKluS8CwBepUZTY5DA
MCC recently adopted #blendedfinance as an institutional investment criterion to advance blended finance opportunities at the earliest stages of the program development process Watch 🎥 to learn more:
Take a virtual journey with us to Malawi to meet Mary. We #BelieveinWEE and the #WGDP Initiative because of women like Mary, an entrepreneur who opened her own grocery store & created income for her family, thanks to a loan supported by MCC’s compact.
MCC’s investments have always included women’s economic empowerment, but we’re taking a bold new step by adding new institutional investment criterion. The criterion will advance the #WGDP Initiative by identifying barriers that prevent women from access to opportunities. Watch 🎥 to learn more: #BelieveinWEE
Women’s Economic Empowerment (WEE) means unlocking the potential of women by overcoming financial, legal, & cultural barriers. When women are economically empowered, they re-invest in their families and communities, producing a multiplier effect that spurs economic growth. As part of The White House – led #WGDP Initiative, MCC is advancing women’s economic empowerment because women deserve the opportunity to have equal economic opportunities, no matter where they live. We #BelieveinWEE + we challenge you to share why you #BelieveinWEE
MCC recently added #blendedfinance as institutional investment criterion to advance how we identify, evaluate & pursue opportunities for blended finance at the earliest stages of the compact development process. #MCCBlendedFinance
Hear directly from beneficiaries of MCC’s El Salvador Investment Compact – a program designed to improve the country’s investment climate, strengthen its transportation infrastructure & create job opportunities for the people of #ElSalvador
MCC’s El Salvador Investment Compact was designed to improve the country’s investment climate, strengthen its transportation infrastructure & create job opportunities to promote a brighter future for the people of El Salvador. Watch 🎥 to hear from beneficiaries of the compact.
MCC recently adopted blended finance as new institutional investment criterion to advance how we identify, evaluate & pursue opportunities for blended finance at the earliest stages of the compact development process. #MCCBlendedFinance Watch 📽️ to learn more:
🎙: MCC CEO Sean Cairncross joined @MilkenInstitute for “Conversations with Mike Milken” podcast to discuss aid transparency & MCC’s response to the global #COVID19 pandemic. 🎧 here: https://milkeninstitute.org/podcast/conversations-mike-milken
ICYMI: MCC is taking blended finance to a whole new level by adding new investment criteria! Watch 📽️ to learn more about #MCCBlendedFinance
We’re taking blended finance to a whole new level ❗ Watch 🎥 to learn more about MCC’s new investment criteria #MCCBlendedFinance
MCC’s programs have always supported Women’s Economic Empowerment, and now we’ve taken a bold, new step. Watch 🎥 to learn more about MCC’s new investment criteria for economically empowering women.
🚨 The Publish What You Fund #2020Index results are out: MCC ranks #1 (again!) as Most Transparent Agency in the U.S. Government and is the TOP bilateral donor in the 🌍 for aid transparency! Learn more: https://www.mcc.gov/news-and-events/release/062420-2020-aid-transparency-index
Annie lives in Malawi’s Shire River Basin. She produced charcoal by burning trees to sell to consumers due to limited economic opportunities. It was her only source of income for 10 years to support her two children. After learning about sustainable land practices through a Malawi Compact-funded program, she now produces and sells tree seedlings instead. #IWD2020
Annie lives in Malawi’s Shire River Basin, where due to limited economic opportunities she used to produce and sell charcoal by burning trees. Learn how MCC's Malawi compact-funded program on sustainable land practices helped empower Annie to new work!
Posted @withrepost • @realdonaldtrump #Repost @ivankatrump ・・・ An impactful day in Morocco, where we furthered all 3 pillars of #WGDP 🇺🇸🇲🇦⬇️ 💫 Women Prospering in the Workforce 💫 Women Succeeding as Entrepreneurs 💫 Women Enabled in the Economy
As the MCC Georgia Compact II comes to a close, we're showcasing the wonderful achievements made in #education over the last 5 years! 🇬🇪🇺🇸 See how the first #STEM graduates of #SDSUGeorgia are preparing their country for the future: www.mcc.gov/georgia-closeout
Happy International Youth Day from the world’s future leaders in science, technology, engineering, arts, and math! Today we welcomed 100 high school girls from the U.S., Georgia, Armenia, and Azerbaijan to the #WiSciGeorgia #STEAM camp for two weeks of enhancing their skills in these fields with private sector partners like Google, Intel, and Microsoft. Learn more: https://www.mcc.gov/news-and-events/feature/2018-women-in-science-camp
Country Spotlight: Ghana The MCC Ghana Compact is working to transform Ghana’s power sector through private sector participation and key policy and institutional reforms that will provide more reliable and affordable power to Ghana’s businesses and households. 🇬🇭🇺🇸 Watch MCC’s Resident Country Director for Ghana Kenny Miller discuss what brings him and Millennium Development Authority - Ghana CEO Martin Eson-Benjamin to Washington D.C. this week:
Through an innovative partnership with San Diego State University, MCC’s Georgia Compact is shaping the next generation of Georgian and U.S. science, technology, engineering and math leaders. Natia, a freshman Chemistry and Biochemistry major is enrolled at San Diego State University Georgia. Hear her story: ათასწლეულის გამოწვევის ფონდი - საქართველო | MCA - Georgia
MCC's investment in the cocoa sector in Indonesia generated additional investment from the private sector, reaching nearly 90,000 cocoa growing households across the six main cocoa-growing provinces. Cocoa trading and processing companies are providing 50% of the co-financing to enroll up to 36,500 new farmers. Check out our video to learn more: Cargill Barry Callebaut Group MCA - Indonesia
Find out how MCC's investments to improve the government's procurement system in Indonesia also help improve healthcare. View our video: MCA-Indonesia
Indonesia is the third largest cocoa producer in the world. MCC's investments in Indonesia worked to unlock private sector opportunities in cocoa supply chains across the country, and help farmers increase the quality and quantity of the cocoa they produce through training and new platforms to expand market opportunities. Hear more about the program: @Mars Cargill Barry Callebaut Group MCA - Indonesia
“Our goal with our public dollars is to open up markets... We are investing in the building blocks that will lower risk and create incentives for the private sector to come in and work alongside us" -Acting CEO Jonathan Nash during an agribusiness roundtable at Transform: Africa Business and Investment Forum hosted by the Corporate Council on Africa & Economic Commission for Africa. View the full video:
Watch MCC Acting CEO Jonathan Nash reflect on his day at the Transform: Africa Business and Investment Forum. He joined African leaders and U.S. and African businesses to discuss ways to promote private sector-led growth across the continent, including through MCC projects that help catalyze private investments. Be sure to also read his keynote remarks: https://www.mcc.gov/news-and-events/speech/speech-013018-nash-addis Corporate Council on Africa
This week, we're celebrating the successes of the Cabo Verde Compact as it officially concludes. Through the compact’s Land Management for Investment Project, MCC has helped Cabo Verdeans secure legal rights to their land and clarify property boundaries. As a result, citizens and businesses are now more likely to invest in their land, build on their land, and use their land as collateral to start a business. https://www.mcc.gov/news-and-events/feature/cabo-verde-compact-closeout
As part of MCC’s Cabo Verde Compact, utilities on Santiago were consolidated into a single corporatized utility called Águas de Santiago (AdS) to achieve the economies of scale necessary to deliver safe water and sanitation services to the island’s people. AdS is now a model for operational efficiency as Cabo Verde works to extend these improvements to other islands after the compact is completed. https://www.mcc.gov/news-and-events/feature/cabo-verde-compact-closeout
From country selection, to the sectors we work in, to the projects we identify in country, all of these decisions are based on MCC’s use of evidence. And this culture of evidence helps to drive us, to use evidence in new and more innovative ways. https://www.mcc.gov/initiatives/initiative/open
One of the really interesting things that MCC learned as part of our participation in this year’s "What Works Index" is that it’s just as important how an agency uses the #evidence as the evidence that it generates. https://www.mcc.gov/initiatives/initiative/open Results for America
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