How did the Millennium Challenge Corp. leverage private sector engagement and get General Electric to commit to investing $1.5 billion in Ghana’s energy sector?
In a recent video interview, Devex Editor Rolf Rosenkranz asked this question to MCC’s outgoing CEO Daniel Yohannes, who was just confirmed as the next ambassador to the Organization for Economic Cooperation and Development.
Click on the above clip to learn more about how MCC helped partner countries create the right environment for businesses to invest in their future, and why Yohannes believes most nations currently under MCC compacts will become middle-income countries in the next 10 years.
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About the author
Carlos Santamaria
Carlos is a former associate editor for breaking news in Devex's Manila-based news team. He joined Devex after a decade working for international wire services Reuters, AP, Xinhua, EFE ,and Philippine social news network Rappler in Madrid, Beijing, Manila, New York, and Bangkok. During that time, he also covered natural disasters on the ground in Myanmar and Japan.