MCC Approves Cape Verde Eligibility for Follow-up Compact

    Cape Verde was given the go-ahead by the Millennium Challenge Corp. to apply for a

    with the organization. This is the first time MCC approved the eligibility of a partner country for a second compact. "Cape Verde illustrates many of the characteristics of a strong partner and has consistently displayed good economic and political governance," said newly sworn-in MCC CEO Daniel Yohannes. "We look forward to building on the successes of Cape Verde's current efforts to combat poverty."

    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.