The southeastern African country of Malawi is reaping US benefits following a series of political and economic reforms under President Lazarus Chakwera. The Malawian leader visited the State Department this week for the signing of a $350m grant to improve the country’s roads and land administration. This new Millennium Challenge Corporation (MCC) compact comes just one week after US Agency for International Development chief Samantha Power held up Malawi as one of three African countries deserving of public-private investment to help serve its citizens. The MCC previously awarded the country a $350m grant to transform its power sector back in 2012.
SOURCE: THE AFRICA REPORT
More Stories
Tinubu Hits the Ground Running
Russian Minister Makes a Quick Stop in Nairobi
Four Men Absolved of Drug Trafficking in Liberia Disappear
Governments in Sub-Saharan Africa Struggle to Regulate the Mass Expansion of Online Gambling
Why Returns from European Countries are Hugely Unpopular in Most African Countries
A $3 billion IMF Bailout Will Not Instantly Solve Ghana’s Economic Problems
Can Kenya Successfully Establish Efficient and Affordable Smartphone Manufacturing?
How to Be a Female Politician in Africa
Egyptian Firm Unveils IoT-enabled Smartwatch
Women at the Forefront of Africa’s Peace Efforts
With ‘Banel & Adama,’ Ramata-Toulaye Sy Takes Her Place Among Cannes’ Top Names
The Lion Sleeps Tonight: One Song’s Journey from 1930s South Africa to Disney Money-Spinner