Millenium Challenge Corporation to Leverage Private Sector

by Developed Africa 27. June 2013 09:00

The Millenium Challenge Corporation (MCC) was founded in 2002 with the intention of focusing on developing countries' economies, particularly keen to improve the capabilities of nascent private sector organisations. It is a US organisation that challenges existing aid models from donor countries all over the world.

In this interview, MCC CEO Daniel  Yohannes highlights why this model should be further embraced by the USA:

I think in the long term, what we are doing is creating a trade partner for America."

[See the original Devex post here]

Categories: Economy

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