Malawi to enjoy long term benefits of MCA compact – Mining & Trade Review | Mining in Malawi

Malawi to enjoy long term benefits of MCA compact – Mining & Trade Review | Mining in Malawi: Malawi to enjoy long term benefits of MCA compact

By Deborah Manda

The Millennium Challenge Account Malawi (MCA-Malawi) says though its Malawi compact winds up in September this year, the country will continue enjoying long term benefits of the five year programme.

MCA-Malawi, which is under the US Federal Agency, Millennium Challenge Corporation (MCC), rolled out its US$350.7-million compact to revitalize Malawi’s power sector and reduce poverty through economic growth in Malawi in September 2013.