The Millennium Challenge Corporation (MCC) acting vice president for the Department of Compact Operations Kyeh Kim, acting vice president for the Department of Policy and Evaluation Tom Kelly, and Chief Economist Mark Sundberg, are visiting Lilongwe . The MCC delegation has been holding high level discussions with government of Malawi partners, including Chief Secretary to […]
Blackouts in Malawi are expected to reduce drastically, once the USD350.7Million Millennium Challenge Account-Malawi (MCA-M), the local implementing agency of Millennium Challenge Corporation (MCC) energy compact is fully implemented. Malawi Government signed the compact grant with MCA in April, 2011 and compact grant entered into force on 20 September, 2013. The project will run till September 29, 2018. […]
Malawi risks losing the $350 million Millennium Challenge Corporation (MCC) Compact from the government of the United States of America by 2018 if the government fail to seal loopholes in public finance management and prosecution of Cashgate suspects, the United States government has warned. A five-year $350 million compact aims to help Malawi transform its electricity […]
Minister of Natural Resources, Energy and Mining Bright Msaka has described the current persistent and long hours of power blackouts as unacceptable. Msaka said this on Wednesday in Mangochi during the annual meeting of Millenium Compact, a US funded initiative worth 350 million US dollars to improve the supply and distribution of electricity in the country. Hesaid […]
President Peter Mutharika has said Electricity Supply Corporation of Malawi (Escom) will split into two companies as announced by Minister of Natural Resources, Energy and Mining Bright Msaka. Government has been implementing a Power Market Restructuring (PMR) which among others involves the unbundling or splitting of Escom into two parastatals; one for generation of power […]
The Chief Executive Officer (CEO) of the United States Millennium Challenge Corporation (MCC), Dana J. Hyde, is visiting Malawi May 8-10 to review progress to date on the implementation of the US foreign aid agency’s compact programme, particularly on the Power Sector Reform Project. During the visit, MCC boss will chart the way forward for […]
Minister of Natural Resources, Energy, and Mining Bright Msaka , United States (US) Ambassador to Malawi Virginia Palmer and Power Africa Coordinator Andrew Herscowitz on Friday signed a Memorandum of Understanding (MOU) between the United States and Malawi regarding Malawi’s continued participation in the U.S. presidential initiative known as Power Africa. Power Africa is a […]
Communities from Traditional Authority (T/A) Chowe in Mangochi have been commended for the commitment and enthusiasm they have displayed towards a gender project which the Catholic Commission for Justice and Peace (CCJP) in conjunction with the Millennium Challenge Account (MCA) is implementing in the area. MCA injected K190 Million to CCJP to implement a three-year […]
The consumer and human rights activist, John Kapito has warned Millennium Challenge Corporation (MCC) not to use its technical and financial support on the restructuring of Electricity Supply Corporation of Malawi (Escom) as passport to influence and dictate the country’s policies. Kapito has also taken a swipe on the donor community especially the International Monetary […]
Malawian President Mrs Joyce Banda stamped her authority as a woman of substance with an inspiring contribution when she was a co-panelist at a US Millennium Challenge Corporation (MCC) panel discussion on Monday, September 24, 2012 at Waldorf Astoria Hotel, New York, USA. Monitored by Nyasa Times on a video link, President Banda lived to […]
Malawi’s Head of State Joyce Banda on Sunday held bilateral talks with the United States of America (USA) Secretary of State, Hillary Rodham Clinton at the New State House in Malawi’s capital, Lilongwe. This was the first visit to Malawi by a USA Secretary of State. Clinton hailed Banda for pulling her impoverished country back […]
Millennium Challenge Corporation (MCC) has officially reinstated the country’s Compact US$350.7 million (K 97.8) billion for energy which was suspended in March this year following the then country’s bad governance. MCC Chief Executive Officer, Daniel Yohannes on Thursday in Lilongwe said the ongoing governance reform is the key as they now work on the reinstatement […]
The Chief Executive Officer of the Millennium Challenge Corporation (MCC), Daniel W. Yohannes, met President Joyce Banda at the New State House in Lingwe, Malawi’s Capital on Thursday. He is also expected to hold a series of meetings with government officials and members of Malawi’s civil society and private sector. In June 2012, MCC reinstated […]
United States of America(U.S,A) Secretary of State Hillary Clinton has hailed democratic reforms put in place by Malawi’s news President Joyce Banda and pledged U.S support to the impoverished southern African country. In a statement issued by U.S State Department , Clinton said on behalf of President Obama and the people of the United States, […]
Malawi’s Head of State Mrs. Joyce Banda has hailed the Board of the Millennium Challenge Account (MCC) of the United States Government for its unanimous decision on Thursday to lift the suspension of the Malawi Compact. “The Chief Executive Officer of the MCC Mr. Daniel Yohannes called me last night immediately after the Board concluded […]
Two senior United States of America (USA) Senators on Thursday paid a courtesy call on President Joyce Banda at her official Lilongwe State Lodge in the Capital City, pledging their support in the re-establishment of close ties between Malawi and the US. Michael Enzi, Wyoming Republican Senator and Kent Conrad of North Dakota met President […]
Exit IMF, MCC in. A delegation from the Millennium Challenge Corporation (MCC), a US government agency that assists developing countries is in the country to get fact about Malawi’s progress to address US government concerns in order to resume the $350 million grant meant for the boosting electricity output and distribution. The delegation has already […]
The United States says Malawi need to make “rapid improvement” to concerns of governance, human rights and economic policy through concrete, positive actions if the country is to access a $350m aid package which was “put on hold.” The Millennium Challenge Corporation (MCC), a US government agency that assists developing countries, has been reviewing its […]