By: AbdulRasheed Abubakar
Washington D.C May 1, 2019 (CABNC-TV) – The Initiative for Global Development (IGD) signed important partnership MOU with US Millennium Challenge Corporation (MCC). The historic event took place at the MCC office in Washington D.C. Dr. Leila Ndiaye, President and Chief Executive Officer IGD express her commitment towards empowering African women, youth empowerment and implementation of the signed MCC/IGD important MOU.
Dr. Leila stated that, this partnership is very significant, because at IGD, we are delighted that this important MOU is coming into effect in the midst of planning for our upcoming AEP in Tunisia from June 17-22, 2019.
MCC’s Cynthia Huger, VP of Administration/Finance & CFO thanked Dr. Leila Ndiaye and her team for agreeing to partner with MCC at this critical time of Africa development. She said, MCC is committed to good governance, economic freedom and investing in their citizens. MCC is a prime example of smart U.S. Government assistance in action, benefiting both developing countries and the American taxpayers.
Founded in 2003 by Bill Gates Sr. and other US business leaders, the Initiative for Global Development (IGD) promotes U.S.-Africa business investment by advising, educating and forging partnerships between the U.S. and African private sectors for sustainable economic growth and shared prosperity.
Prompted by their desire to help restore America’s leadership in the world, IGD was created in response to 9/11 in 2003 by a group of business leaders and foreign policy experts including Bill Gates Sr., in Seattle. The inaugural group believed that poverty is at the root of many of the world’s greatest challenges and recognized that lasting poverty reduction would only be achieved with significant private investment to spur growth and create economic opportunity.
IGD’s mission has evolved to focus on engaging global business leaders in an effort to foster greater strategic investment in Africa. The organization had a seat at the table during the formation of Millennium Challenge Corporation (MCC), Power Africa, and other major initiatives.
Discover how MCC works with partner countries worldwide to promote growth, help people lift themselves out of poverty, and invest in future generations.
The Millennium Challenge Corporation (MCC) is an innovative and independent U.S. foreign assistance agency that is helping lead the fight against global poverty.
Created by the U.S. Congress in January 2004 with strong bipartisan support, MCC has changed the conversation on how best to deliver smart U.S. foreign assistance by focusing on good policies, country ownership, and results. MCC provides time-limited grants promoting economic growth, reducing poverty, and strengthening institutions. These investments not only support stability and prosperity in partner countries but also enhance American interests. With cost-effective projects, a lean staff, and an evidence-based approach, MCC is a good investment for the American people.
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