This five-year compact with Cape Verde is intended to increase household incomes by reforming two sectors identified as current constraints to economic growth: the water and sanitation sector and the land management sector. Each compact project is an important component of the Government of Cape Verde’s economic transformation agenda, focused on shifting from a reliance on foreign aid and remittances to mobilization of private sector investment and improved domestic resource management. This compact builds off the success of Cape Verde’s first MCC compact, completed in October 2010, and upholds high standards for accountability, transparency and achieving results.
Cape Verde Compact II
Press Releases
Blog Entries
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MCC and Cape Verde: Managing Scarce Resources to Reduce Poverty and Promote Investment
Blog, 2/14/2012 -
The Taste of Innovation
Blog, 2/07/2012
Speeches & Testimony
Photos & Video
- MCC in Africa, 2011
Slideshow, 5/25/2011MCC in Africa, 2011
05/25/2011
With nearly 70 percent of MCC’s portfolio benefiting the people of Africa, MCC is investing in solutions for long-term prosperity that Africans themselves are designing. These projects include building transportation networks, increasing agricultural productivity throughout the entire value chain, improving water supply and sanitation, expanding health, education, and community services, and broadening access to finance for greater enterprise development.
- MCC in Africa
Video, 7/01/2009MCC in Africa
07/01/2009
A brief introduction to the Millennium Challenge Corporation and its efforts to reduce poverty throughout Africa.