Publication date: 2015, September
Author: MCC
Description: In September 2015 the U.S. Government’s Millennium Challenge Corporation and the Government of Benin signed a $375 million agreement, or compact, focused on Benin’s electric power sector. The Government of Benin will contribute an additional $28 million in furtherance of the compact. The compact seeks to unlock private investment by supporting policy reforms and investing in electricity generation, distributionand off-grid electrification. The Benin Compact is MCC’s latest contribution to Power Africa.
