On behalf of the United States, I congratulate Senegal on the signing of its Millennium Challenge Corporation Compact. The $550 million Senegal Power Compact will modernize and strengthen Senegal’s power sector to increase economic growth and reduce poverty through improved access to electricity. The Government of Senegal will contribute an additional $50 million to the compact, bringing the total program to $600 million. The United States is committed to spurring economic growth in Africa through partnerships, such as this one. Senegal’s hard work in meeting MCC strict eligibility criteria is paying off in the form of a rare second MCC compact. American partnerships – seen through assistance projects like this one – are an essential part of our diplomacy.
In addition, the compact will complement the 'Power Africa' initiative implemented by USAID and other U.S. government agencies. This initiative is accelerating improvements across Sub-Saharan Africa’s power sector.
The United States celebrates this momentous occasion, the signing of the Millennium Challenge Corporation Senegal Power Compact, and remains committed to a strong bilateral and economic partnership with Senegal.
Press StatementMichael R. PompeoSecretary of StateWashington, DCDecember 10, 2018
Read the original article on State Department.
U.S., Senegal Sign New Power Compact
Secretary Pompeo's Meeting With Senegalese Prime Minister Mohammed Dionne
AllAfrica publishes around 600 reports a day from more than 150 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.
Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.
AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 600 news and information items daily from over 150 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Monrovia, Nairobi and Washington DC.