WASHINGTON — According to the CEO of the Millennium Challenge Corporation, the agency will have four key areas of focus in the year ahead: its staff, enhancing a culture of innovation, engaging the private sector, and accountability.
The agency, which was without a Senate-confirmed leader for about two years before Sean Cairncross took over as CEO in July, is looking to chart a way forward that focuses on those key areas as it aims to expand its work. In the year ahead, MCC will continue its work toward establishing its first regional compact in West Africa, start up a threshold compact in Kenya, and launch a new compact in Mozambique — all decisions that were approved by the board in December.
How much the agency does will be dependent on resources, Cairncross told Devex.
About the author
Adva Saldinger@AdvaSal
Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.
