Millennium Challenge Corporation (MCC) Deputy CEO, Rodney Bent (centre), congratulates National Planning Commission Director-General, Professor Peter Katjavivi (right), after signing the momentous MCC compact in Constitution Room in the Office of the Prime Minister on July 28, 2008. Prime Minister Nahas Angula (left) looks on.  Full Size

Namibia and United States Sign US$304.5 Million Grant for Poverty Reduction through Economic Growth Windhoek, Namibia

At a signing ceremony on Monday, July 28, 2008, in the Office of the Prime Minister, Prof. Peter Katjavivi, Director General of the National Planning Commission (NPC) and Mr. Rodney Bent, Deputy Chief Executive Officer of the Millennium Challenge Corporation (MCC), a US Government Agency, signed a US$304.5 million (more than N$2.3 billion) grant agreement - the Millennium Challenge Account (MCA) Namibia Compact. 

The signing was witnessed by the Right Hon. Nahas Angula, Prime Minister of Namibia, H.E. Dennise Mathieu, United States Ambassador to Namibia, and a number of Namibian and US officials and stakeholders.  The five-year Compact will help strengthen access to and quality of Namibia’s education and training sector, increase productivity of farm enterprises in communal rural areas and promote growth in Namibia’s tourism industry.  [read more]

Prime Minister, Nahas Angula (left) and Ambassador Dennise Mathieu (right) toast the signing of the Millennium Challenge Corporation Compact at Iitumba Restaurant in Windhoek on July 28, 2008. Full Size

Remarks by Ambassador Dennise Mathieu On the Occasion of the Signing of the Millennium Challenge Account Compact with Namibia, Iitumba Restaurant, Windhoek, Monday, July 28, 2008 

 What a delight it is to be here tonight to celebrate the signing of the Millennium Challenge Account Compact with Namibia.  This US $304 million poverty reduction grant is an investment in the people of Namibia.  Congratulations to everyone who worked so hard to make this signing a reality.

The American people have a steadfast commitment to the development of Africa, where despite incredibly acute challenges, we see a continent of enormous promise, increasingly willing to tackle its own challenges to create a better life for Africans everywhere.  And, the United States government is dedicated to supporting leaders and citizens in developing countries who are working to create new possibilities for themselves.  [read more]