On December 10, Secretary of State Michael R. Pompeo welcomed Senegalese Prime Minister Mahammed Boun Abdallah Dionne to the State Department for the signing of a Millennium Challenge Corporation (MCC) compact.
.@SecPompeo: I congratulate #Senegal on the signing of its @MCCGov Compact. The $550 million Senegal Power Compact will modernize and strengthen Senegal’s power sector to increase economic growth and reduce poverty through improved access to electricity. https://t.co/hXZEImEJ5y pic.twitter.com/xOsVV4Y4LW— Department of State (@StateDept) December 10, 2018
During the signing event, MCC Chief Operating Officer and Head of Agency Jonathan Nash said “The MCC compact is designed to catalyze private sector investment, spur economic growth and reduce poverty by improving Senegal’s power sector, reducing costs and expanding access to electricity.”
MCC and the Government of Senegal developed the compact to strengthen the power sector and meet the growing demand for reliable electricity in one of Africa’s fastest growing economies, and an important strategic partner of the U.S. in West Africa. The compact is designed to increase reliability and access to electricity, support economic growth and reduce poverty.
Secretary Pompeo underscored, "The United States is committed to spurring economic growth in Africa through partnerships, such as this one. Senegal’s hard work in meeting MCC strict eligibility criteria is paying off in the form of a rare second MCC compact. American partnerships – seen through assistance projects like this one – are an essential part of our diplomacy."
The Senegal Power Compact is expected to benefit over 12 million people and consists of three projects:
The Modernizing and Strengthening of Senelec Transmission Network Project aims to strengthen and increase the reliability of Senegal’s high-voltage transmission network in and around Dakar, the country’s capital, and improve service delivery throughout the country. The compact supports the utility, Senelec, in reducing high production costs, facilitating private sector investment in generation, and increasing the reliability of electricity for consumers.
The Increasing Access to Electricity in Rural and Peri-Urban Areas Project seeks to extend and reinforce the electrical grid in selected rural and peri-urban areas in Senegal’s south and center regions, which have high economic potential but low connection rates. The project will also help residents and business connect to the grid and access electrical equipment.
The Power Sector Enabling Environment and Capacity Development Project will work to strengthen laws, policies and regulations governing the power sector as well as the institutions responsible for implementing them to support long-term economic progress.
This morning, @SecPompeo welcomed #Senegal’s Prime Minister Mahammed Boun Abdallah Dionne and participated in the @MCCGov Signing Ceremony at the State Department. @usembassydakar pic.twitter.com/lhTaqwH6G5— Department of State (@StateDept) December 10, 2018
For more information: