ADVERTISEMENT
  • Home
  • Latest News
  • Talking Point
  • Business
  • Sports
  • Elections-2023
  • Contact
Tuesday, July 1, 2025
  • Login
Forum News
Advertisement
  • Home
  • Latest News
  • Talking Point
  • Business
  • Sports
  • Elections-2023
  • Contact
No Result
View All Result
  • Home
  • Latest News
  • Talking Point
  • Business
  • Sports
  • Elections-2023
  • Contact
No Result
View All Result
Forum News
No Result
View All Result
Home ALL NEWS

MCC Board Approves grants for partnerships in Belize and Sierra Leone

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
26 June 2024
in ALL NEWS, EYE ON THE WORLD
0
0
SHARES
17
VIEWS
Share on FacebookShare on Twitter
Share on

For Immediate Release

June 26, 2024

Contact: 202-521-3880

Qcell Qcell Qcell

Email: press@mcc.gov

WASHINGTON (June 26, 2024) – Today the Millennium Challenge Corporation (MCC) Board of Directors approved compact grant investments in the energy and education sectors in Belize and in the energy sector in Sierra Leone. MCC investments are designed to spark economic growth, reduce global poverty, promote democracy, and directly benefit people in need.

The Belize Compact will tackle challenges in education and high electricity costs that limit economic growth in the country. The $125 million compact grant aims to equitably increase the number of post-primary school graduates with relevant labor market skills and lower the wholesale cost of electricity in Belize. The Education Project focuses on inclusion and equity by creating opportunities for members of groups that traditionally have been excluded in Belize, while closing gender gaps facing male students in educational retention and attainment, and female students in workforce preparation.

In Sierra Leone, 70 percent of the population does not have access to electricity. The MCC compact with Sierra Leone is important for its potential to deliver affordable energy for 4.6 million people. Approval of the $480 million investment reflects the MCC Board’s recognition of the progress made to implement the Agreement for National Unity, including the delivery of the draft Electoral Review Committee report, which is expected to be finalized and published in the coming days. These actions taken to date represent a critical advancement of efforts to strengthen Sierra Leone’s democratic and electoral institutions following the June 2023 elections. In making its decision to approve, the Board also noted the need for continued progress toward implementing meaningful electoral reform through peaceful dialogue and inclusive political processes including the near-term publication of the Electoral Review Committee report.

In other business, the Board of Directors received updates on MCC’s Gender and Inclusion Policy and the agency’s financial audits. The Board also acknowledged its June 3 concurrence with MCC CEO Alice Albright’s decision to terminate remaining assistance to Niger under the Niger Regional Transport Compact. The Nigerien military’s actions against the democratically elected government were determined to be inconsistent with MCC’s statutorily mandated eligibility criteria. In making this difficult decision, MCC’s Board noted its strong interest in partnering with the Nigerien people once a democratically elected government takes office.

The Millennium Challenge Corporation is an independent U.S. government agency working to reduce global poverty through economic growth. Created in 2004, MCC provides time-limited grants and assistance to countries that meet rigorous standards for good governance, fighting corruption and respecting democratic rights.

###

 

Post Views: 73
Previous Post

PAUL KAMARA SPEAK ON AMARA KABBA AT HIS 21ST ALLEILUIA!

Next Post

MONETARY POLICY STATEMENT

Next Post
DEPOSIT SEEKING FOR THE PURPOSE OF TRADING  IN FOREIGN EXCHANGE ONLINE

MONETARY POLICY STATEMENT

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Forum News

FORUM NEWS, Sierra Leone in its push for independent journalism is in solidarity with the global campaigns in the fight against corruption, divisiveness....PEACE!

Follow Us

Browse by Category

  • ADVERTISE WITH US
  • AGRIBUSINESS
  • ALL NEWS
  • BO
  • BONTHE
  • BOOK REVIEW
  • BUSINESS
  • CHINA – SIERRA LEONE
  • CRIME
  • CRIME & COURT
  • E-EDITIONS
  • EAST
  • ECONOMY
  • ELECTIONS-2023
  • ENTERTAINMENT
  • ENVIRONMENT
  • EYE ON THE WORLD
  • FALABA
  • FOOTBALL
  • FORUM MINDS
  • FORUM TV
  • FREETOWN
  • HEALTH
  • INSIGHTFUL PEAK
  • INTERVIEW
  • KABALA
  • KAILAHUN
  • KAMBIA
  • KARENE
  • KENEMA
  • KOINADUGU
  • KONO
  • LATEST NEWS
  • LETTERS
  • MAGBURAKA
  • MAKENI
  • MEDIA WATCH
  • MOYAMBA
  • NORTH
  • NORTH-EAST
  • NORTH-WEST
  • OBITUARY
  • POLITICS
  • PORT LOKO
  • PRESS RELEASE
  • PUJEHUN
  • SOUTH
  • SPEECHES
  • SPORT
  • TALKING POINT
  • THE CONCH
  • TONKOLILI
  • TRIBUTES
  • Uncategorized
  • VIdeo Advertisements
  • WATERLOO
  • WESTERN AREA RURAL DISTRICT
  • WESTERN AREA URBAN

Recent News

Adama Team Foundation-US-UK-SL

Leadership Saga: PWD’s Advocate Calls for Justice

30 June 2025
Alhaji Professor Bashiru Mohamed Koroma, Vice-Chancellor and Principal of Njala University

Njala University Academic Staff Defend VC&P Amidst Unfounded Retirement Calls

30 June 2025
Leone Rock Metal Group Awards 210 Scholarships to Students in Mining Communities

Leone Rock Metal Group Awards 210 Scholarships to Students in Mining Communities

30 June 2025
President Koroma, APC Washington Chapter Host Comrade

Across Borders, Diaspora Backs Dr Bangura for Sierra Leone

29 June 2025
  • Home
  • News
  • Entertainment
  • TV
  • TV
  • VIDEO-ADVERTISEMENTS
  • Archives
  • TV
  • Home
  • Home

© 2025 Forum News Sierra Leone

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Latest News
  • Talking Point
  • Business
  • Sports
  • Elections-2023
  • Contact

© 2025 Forum News Sierra Leone

×

Hello!

Click one of our contacts below to chat on WhatsApp

Forum News
Support Forum News

Forum News - Sierra Leone.

× How can I help you?