Malawi, Zambia on Track for MCC Compacts

    Malawi and Zambia are on track to winning compact agreements with the Millennium Challenge Corp., Reuters reports. Malawi MCC Senior Director for Procurement Gerry Nash said Malawi may sign a compact later in the year while Zambia is in line for a compact in 2011.

    “There is major, major money coming out in the next five years,” Nash was quoted by Reuters.

    About the author

    • Ivy Mungcal

      As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.