US picks Zambia for massive MCC grant, suspends Ethiopia
By Julian Pecquet
The Joe Biden administration is rewarding Zambia’s good governance and peaceful transition of power with hundreds of millions of dollars in potential development grant money while penalising Benin and Ethiopia for their democratic backsliding.
The Millennium Challenge Corporation, an independent agency that invests in low-income and lower-middle-income countries, has selected Zambia and Belize as eligible for its five-year grants in the fiscal year that started 1 October. The so-called MCC compacts are worth around $400m to $500m and must be negotiated with the US government to go into effect.
Continue reading https://www.theafricareport.com/157080/ ... -ethiopia/
Re: US picks Zambia for massive MCC grant, suspends Benin & Ethiopia for their democratic backsliding (The Africa Report
የትግሬ ባንዳ ፣ ሂድና አፈንድድ ! አንተም በሚሊዮን ኩንታል ስንዴ ይሰጥሃልsarcasm wrote: ↑16 Dec 2021, 12:46US picks Zambia for massive MCC grant, suspends Ethiopia
By Julian Pecquet
The Joe Biden administration is rewarding Zambia’s good governance and peaceful transition of power with hundreds of millions of dollars in potential development grant money while penalising Benin and Ethiopia for their democratic backsliding.
The Millennium Challenge Corporation, an independent agency that invests in low-income and lower-middle-income countries, has selected Zambia and Belize as eligible for its five-year grants in the fiscal year that started 1 October. The so-called MCC compacts are worth around $400m to $500m and must be negotiated with the US government to go into effect.
Continue reading https://www.theafricareport.com/157080/ ... -ethiopia/
Re: US picks Zambia for massive MCC grant, suspends Benin & Ethiopia for their democratic backsliding (The Africa Report
sarcasm,
How is smooth transition of power experienced and defined by the uuu JoeBiden's? Beauty is in the eyes of the beholder.
How is smooth transition of power experienced and defined by the uuu JoeBiden's? Beauty is in the eyes of the beholder.
sarcasm wrote: ↑16 Dec 2021, 12:46US picks Zambia for massive MCC grant, suspends Ethiopia
By Julian Pecquet
The Joe Biden administration is rewarding Zambia’s good governance and peaceful transition of power with hundreds of millions of dollars in potential development grant money while penalising Benin and Ethiopia for their democratic backsliding.
The Millennium Challenge Corporation, an independent agency that invests in low-income and lower-middle-income countries, has selected Zambia and Belize as eligible for its five-year grants in the fiscal year that started 1 October. The so-called MCC compacts are worth around $400m to $500m and must be negotiated with the US government to go into effect.
Continue reading https://www.theafricareport.com/157080/ ... -ethiopia/
Re: US picks Zambia for massive MCC grant, suspends Benin & Ethiopia for their democratic backsliding (The Africa Report
It is as they say in Tigrinya " አይበላዕ እንጀራ ጃላዕ" literally Uncle Sam's Grant is "እንጀራ ጀላዕ" . It's bad for those who are dependent on the GMO wheet. Otherwise, it's less stressful and lots of pressure losing it. Yey Ethiopia slowly and surely getting out of the neocolonialism yoke. Let Sarcu and them cry us a river.