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U.S. GOVERNMENT PROVIDES FUNDING TO DEVELOP SECOND MCC COMPACT FOCUSED ON THE POWER SECTOR

The United States Government, through the Millennium Challenge Corporation (MCC), agreed on November 14, 2014, to provide up to $9.78 million for the development of high-impact investment projects in Tanzania’s energy sector. United States Ambassador Mark B. Childress presided over the signing of the grant agreement at the Ministry of Finance in Dar es Salaam. The agreement was signed by MCC’s Vice President of Compact Operations, Kamran Khan, and Tanzania’s Minister of Finance,...

Michuzi

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Habari Zinazoendana

10 years ago

Morocco World News

MCC Congratulates Morocco for Eligibility to Second Compact


IPPmedia
MCC Congratulates Morocco for Eligibility to Second Compact
Morocco World News
Washington – Thomas Kelly, Acting Vice President for Policy and Evaluation at the Millennium Challenge Corporation (MCC), congratulated Morocco for being eligible to develop second compact proposals. “We congratulate Morocco on being re-selected to ...
U.S. warns Tanzania from aid depend on its success in fighting corruptionDiplomat News Network
Ambassador Mark Childress warns corruption will bar new MCC...

 

10 years ago

Himalayan Times

MCC Board selects Nepal for US Compact grant


IPPmedia
MCC Board selects Nepal for US Compact grant
Himalayan Times
KATHMANDU: The United States Millennium Challenge Corporation Board of Directors voted to make Nepal eligible for a Compact, MCC's large-scale investment programme. The MCC Board meeting, held in Washington DC on Wednesday, selected Nepal ...
U.S. warns Tanzania from aid depend on its success in fighting corruptionDiplomat News Network

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9 years ago

IPPmedia

Fixing the MCC compact dispute: JK's parting shot in America


Fixing the MCC compact dispute: JK's parting shot in America
IPPmedia
President Jakaya Kikwete has passed a supreme test while facing a titanic examination of perhaps having to hand over the presidency to a victorious opposition candidate and his own best friend for a decade or so in political life. He left Dar es Salaam ...

 

9 years ago

Michuzi

STOP PRESS: DEVELOPMENT OF MCC COMPACT WITH TANZANIA TO CONTINUE

DAR ES SALAAM, TANZANIA – September 26, 2015.  The U.S. Government’s Millennium Challenge Corporation (MCC) has released a statement indicating that Tanzania will pass the FY 2016 Control of Corruption Indicator.  The statement is available below and on the MCC website here:  https://www.mcc.gov/news-and-events/release/pressstmt-092615-tanzania-passes-fy16-corruption-indicator

The $472.8 million compact, when approved by the Board, will promote increased access to reliable electricity in...

 

9 years ago

TheCitizen

Magufuli nightmare over MCC funding

It is not an early Christmas gift that President John Magufuli would desire from Washington but his US counterpart Barack Obama may have delivered a poisoned chalice instead.

 

10 years ago

TheCitizen

US Congress approves MCC funding

The US Congress has approved an allocation of $9.78 million (Sh16.14 billion) to help Tanzania lay the groundwork for the much anticipated Millennium Challenge Corporation (MCC) funding.

 

10 years ago

Livemint

India offers to help develop Tanzania's natural gas sector


Livemint
India offers to help develop Tanzania's natural gas sector
Livemint
Prime Minister Narendra Modi with Tanzania President Jakaya Kikwete in New Delhi on Friday. Photo: PTI. New Delhi: India on Friday offered help to Tanzania for developing its natural gas sector as the two countries discussed ways to broaden economic ...
India, Tanzania ink eight MoUsBusiness Standard
Text of PM's Media Statement during the State Visit of President of United ...Northern Voices Online
india to increase its...

 

11 years ago

TheCitizen

Call for agro-sector funding

Less than three per cent of funds requested annually for agriculture and livestock sectors in East Africa are availed by the governments, according to a recent report on the constraints affecting the twin sectors.

 

11 years ago

TheCitizen

Concern over sluggish growth of backbone sector funding

Efforts by the government to improve the agricultural sector, which is the country’s backbone of the economy, statistics from the Bank of Tanzania (BoT) show that the growth of the sector is sluggish. One of the reasons for poor growth of the sector is lack of support from commercial banks.

 

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