Millennium Challenge Corporation Approves Second Compact with the Government of Lesotho
On March 31, 2022, the Board of the Millennium Challenge Corporation (MCC) approved a $300 million compact between MCC and the Government of Lesotho.
United States Ambassador to Lesotho Maria Brewer said, “The approval of this compact is a critically important step in Lesotho’s continued achievement of its development goals for the citizens of Lesotho. The approval of this second compact between the MCC and Lesotho demonstrates the United States government’s commitment to remain a strong and enduring partner with Lesotho.”
The compact will address three development objectives. The first will focus on health systems strengthening to improve efficiency and delivery of primary health care services in Lesotho. Through a market-driven irrigated horticulture project, the compact’s second initiative will seek to increase rural incomes by an investment of up to 2,000 hectares in climate-smart irrigation infrastructure, human capital development, increased women and youth participation in horticulture, and support for key reforms. The third initiative – the business environment and technical assistance project – will aim to improve the business climate in Lesotho with a focus on empowering local business service providers, public-private dialogue facilitation, and inclusive financial services.
Please find the Millennium Challenge Corporation Press Release here.
For more information, please contact the Public Affairs Section at the U.S. Embassy in Maseru via email at InfoMaseru@state.gov.