JA DECRYPTION – An unprecedented operation and a “big check”. At the end of September, the Millennium Challenge Corporation (MCC), an American public aid institution to development, approved its first “Compact” [accord de don] regional.
Worth 504 million dollars, this donation aims to “reduce transport costs on the corridor from the Port of Cotonou, in Benin, to Niamey, the capital of Niger”, rejoiced the agency headed by Alice Albright, former leader of the Vaccine Alliance (Gavi) and the Global Partnership for Education.
Less famous than its oldest counterpart, the United States Agency for International Development (USAID), created in 1961, MCC is also much less well endowed. Its annual budget hovers around $900 million. By contrast, the Biden administration required a budget of $29.4 billion. dollars for