U.S. Embassy Freetown Makes Clarification on $480 Million MCC Fund Disbursement

The United States Embassy in Freetown has made clarifications on how the Millennium Challenge Corporation [MCC] funding works while responding to a comment on its post on Twitter.

The Embassy clarified that the MCC funding does not go through the Government of Sierra Leone but is controlled by an independent board, which is made up of stakeholders with oversight from the MCC.

It was also stated that all spending is closely monitored, and the majority of funding goes directly from the U.S. Treasury to contractors performing the work.

Days ago, the United States Government’s approved a $480 million MCC Compact, aimed at transforming the country’s energy sector and deepening U.S. Sierra Leone economic relations.

The formal endorsement follows a comprehensive review of U.S. foreign assistance programs and affirms Sierra Leone’s standing as a reliable partner in advancing mutual economic and trade interests. The Compact, signed in September 2024, represents one of the largest single investments by the U.S. in Sierra Leone’s infrastructure to date.

Focused on modernizing energy infrastructure, the Compact is set to expand the national power grid, improve electricity distribution, and strengthen institutions responsible for managing the energy sector. To demonstrate its commitment, the Government of Sierra Leone will contribute an additional $14.2 million to the implementation of the program.