GCAP Senegal

Today the Millennium Challenge Corporation (MCC) approved a five-year, $540 million compact with Senegal—the 11th compact to be signed with a sub-Saharan African country. Senegal was declared eligible for an MCC compact in May 2004, and has spent the time since developing their proposal. The compact aims to reduce poverty and spur economic growth by investing in projects in the transportation, irrigation, and agriculture sectors.