MCC Approves $480 Million Grant for Sierra Leone Energy Sector

The Millennium Challenge Corporation (MCC) Board of Directors has approved a substantial $480 million investment aimed at bolstering Sierra Leone’s energy infrastructure.

This decision marks a pivotal moment for the country, as it strives to provide affordable energy access to approximately 4.6 million people.

The compact agreement underscores the MCC’s endorsement of Sierra Leone’s strides in implementing the Agreement for National Unity. This includes significant milestones such as the imminent finalization and publication of the Electoral Review Committee report, pivotal for reinforcing the nation’s democratic and electoral frameworks post the June 2023 elections.

The MCC Board’s approval highlights its commitment to supporting Sierra Leone’s development through crucial investments in energy, essential for economic growth and social advancement. The decision also emphasizes the ongoing imperative for sustained progress in electoral reform, promoting peaceful dialogue and inclusive political processes.

Comment(s)

Disclaimer: Comments expressed here do not reflect the opinions of Sierraloaded or any employee thereof.

A Sanusie | 2024-06-27 21:34:01

"This money is too plenty, it's nice if government can give 1 million dollars to every Sierra Leonean the remaining 472 million dollars can be put in good use so we all can enjoy together and there will be no property anymore.🤔🤔🤔" Kalie, where did you go to school, where did you learn math? Assuming you know the population of your country, you do know a million to every Sierra Leonean is over 7 billion right? And the compact is only 450 million. We obviously also need a compact for education
| 2024-06-27 15:47:15

Good news but I thought the US Ambassador said somewhere that approval of the MCC will depend on the recommendations of the Electoral reforms being ratified by Parliament. What has changed? Anyways hope this money is used for the benefit of the people of Salone, specifically Western Area.
Kalie Mansaray | 2024-06-27 08:26:11

This money is too plenty, it's nice if government can give 1 million dollars to every Sierra Leonean the remaining 472 million dollars can be put in good use so we all can enjoy together and there will be no property anymore.🤔🤔🤔
| 2024-06-27 08:25:52

I hope to see the development
| 2024-06-27 08:00:40

Hard working? Nonsense, while they all gone, you and your whole generations to come will be paying this debt of poppets behaviours. Please don't clap your hands for unseen chains around your necks. You have everything it takes to grow up like other nations and you all sitting folding your hands waiting for donors and mental slavery conditions. Shame on you all past and present president of Sierra Leone, you supposed to know better than this life yourself and the whole nation going through. Only two letters needed to be free and changed the senseless narratives. The Rest will be rapid development of nationwide
| 2024-06-27 07:59:07

Good news hope all goes well for the benefit of all Sierra Leo neans.
| 2024-06-27 07:30:23

Thanks to the Bio government for their hard work and good governance
| 2024-06-26 22:16:22

Congratulations prezo Bio
| 2024-06-26 21:54:55

Let them share the money $1 million each to all Sierra Leoneans and do something with the remaining balance
| 2024-06-26 21:34:03

Thanks His Excellency and the entire team that worked tirelessly to get hold of this compact. I wish this will help reduce the high cost of electricity in the country and improve immensely on areas that lack electricity.