The George W. Bush administration launched MCC in 2004, and issues grants to countries it determines have potential for economic growth.

Elon Musk's DOGE is ending the work of a U.S. aid agency launched by George W. Bush to reduce poverty and promote economic ...

In the first 100 days of his second term as president, Donald Trump has presided over a dismantling of U.S. foreign aid so ...

As the Millennium Challenge Corporation faces an uncertain future, we dive into the agency’s $18 billion portfolio — ...

Millennium Challenge Corporation staff members were offered early retirement or deferred resignation in the latest effort by ...

The Department of Government Efficiency (DOGE) is working to effectively shutter the Millennium Challenge Corporation (MCC), ...

Charles Kenny, a senior fellow at the Center for Global Development, noted that “the Millennium Challenge Corporation is ...

According to the 2022 agreement between the MCC and the Government of Lesotho, seen by GroundUp, the US committed $300-million, while Lesotho pledged to contribute no less than $22.3-million over the ...

Will MCC be shuttered, will it be merged with DFC, or will it be spared? We have the latest on DOGE's targeting of the U.S.

The continent is not a priority for the American president, and Washington's policies, caught between a trade war and aid ...

The agency is offering voluntary early retirement or deferred resignations to its 320 employees and planning to terminate ...

On Tuesday, the agency’s employees at Millennium Challenge Corporation were notified via email that “there will soon be a significant reduction” in staff and programs – just a week after ...