Millennium Challenge Corporation (MCC) approves Malawi’s second compact

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On Thursday, Millennium Challenge Corporation (MCC) board approved Malawi’s eligibility for the second compact.

Through the first compact, MCC injected $350 million towards improvement of the energy sector. The funds went towards rehabilitation and modernisation of Nkula hydro-electric power station and construction of substations like Phombeya and Nkhoma.

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Amuna Misso
Amuna Missohttps://www.faceofmalawi.com
For more Info: info@faceofmalawi.com

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