CGD Policy Blogs




Charles Sethness Named MCC Temporary CEO

Secretary of State Condoleezza Rice, Chair of the Millennium Challenge Corporation Board of Directors, has named Charles O. Sethness temporary Chief Executive Officer. Sethness, who is MCC Vice President for Monitoring and Evaluation, will lead the organization until a new CEO is named and confirmed. MCC CEO Paul Applegarth will step down on August 8, 2005.
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Senegal Signs $6.5 Million Agreement with MCC

The MCC will extend a $6.5 million grant to the Government of Senegal to assist with the design of their MCA compact proposal. Senegal's proposal includes the development of a large-scale industrial, commercial, and residential site called the Diamniadio Platform.
According to the compact proposal, Senegal plans to develop a new center of economic activities in Diamniadio (30 kilometers from Dakar), improve the city traffic network, and induce the emergence of new regions of development.

Genome Sequences for Tritryp Parasites Unravelled

tryp-title.pngIn its 15 July 2005 issue, Science Magazine publishes an exploration of the genome sequences of the three so-called Tritryp parasites -- Trypanosoma cruzi, Trypanosoma brucei, and Leishmania major -- as well as additional studies and articles shedding further light on the biology of these three notorious parasites.

Access to Knowledge Treaty Website Launched

G8The A2K initiative is an effort to change the priorities of the World Intellectual Property Organization (WIPO) to encourage it to pay more attention to the needs of developing countries, and balance the benefits of easier access to knowledge and knowledge-intensive products such as medicines and software, with the benefits for greater innovation of copyright, patents and trademarks.

Cape Verde Compact Discussed at Washington Event

"I consider the MCA a great innovation in international development," said Cape Verde's Prime Minister Jose Maria Pereira Neves. "It encourages positive change. I believe countries with good policies should be rewarded."
Neves spoke about the Cape Verde compact at a meeting in Washington DC on July 13 organized by the Center for Global Development, Bread for the World and the Millennium Challenge Corporation. The United States and Cape Verde signed a five-year $110 million on July 4 in Praia; the first time a compact has been signed outside of the United States.

Nicaragua and the United States Sign $175 Million Compact

Nicaragua and the United States signed a five-year $175 million compact on July 14. This is the fourth compact for the Millennium Challenge Corporation.
Nicaragua's compact will improve transportation infrastructure ($92.8 million), promote rural business development ($33.7 million), and strengthen property rights ($26.5 million). An additional $22 million will be allocated to the program oversight and monitoring and evaluation.

Bread for the World Calls for More Funds for MCA

In a statement released earlier today, the Reverend David Beckmann, President of Bread for the World, urged US Congress to fully fund President Bush's $3 billion request for the MCA for FY 06.
In June the House Appropriations foreign aid subcommittee approved only $1.75bn for the MCC next year, which is well below the administration's request for $3bn. The cut is part of a larger reduction reflected in the $20.3 billion foreign aid bill approved unanimously by the subcommittee.

Mali Success in Vaccination

According to the World Peace Herald, Mali is making great strides in increasing vaccination coverage.

While vaccination rates increased in most parts of the world during the 1990s, they fell dramatically in Africa. But Mali is one country bucking that dismal trend. Vaccination coverage here almost doubled, to 86 percent last year compared to about 45 percent in 1999. Malian officials hope to boost coverage to 90 percent over the next decade.