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MCC High-Level Delegation Arrives in Liberia Monday to Assess Readiness for Second Compact

This critical visit comes ahead of MCC’s next board meeting in December 2025, where Liberia’s continued eligibility for a second Compact will be reviewed. / Ms. Carrie Monahan, Managing Director for Africa at MCC.

Monrovia — A high-level delegation from the U.S. Government’s Millennium Challenge Corporation (MCC) will arrive in Liberia on Monday, September 22, 2025, for an official mission to evaluate the country’s preparedness for reaffirmation of eligibility for a potential second MCC Compact.

The team will be led by Ms. Carrie Monahan, Managing Director for Africa at MCC, and includes senior experts Deidre Fair (Director of Finance and Trade), Steve Anderson (Economist), Peter Glick (Economist), Sophia Marcus (Economist), Sheena Cooper (Finance and Trade Specialist), and Arif Mamun (Deputy Vice President for the Economic Analysis Division).

This critical visit comes ahead of MCC’s next board meeting in December 2025, where Liberia’s continued eligibility for a second Compact will be reviewed.

While in Liberia, the delegation will hold engagements with key government institutions and stakeholders, including the Ministry of Finance and Development Planning, Ministry of Foreign Affairs, National Investment Commission, Central Bank of Liberia, Liberia Institute of Statistics and Geo-Information Services (LISGIS), Ministry of Mines and Energy, and the Liberia Extractive Industries Transparency Initiative (LEITI).

Other consultations will include the Liberia Revenue Authority, Liberia Special Economic Zone Authority, Ministry of Commerce and Industry, Liberia Chamber of Commerce, and additional public and private sector actors.

These engagements will support MCC’s Constraints Analysis, a diagnostic process to identify the most significant barriers to inclusive, sustainable economic growth in Liberia and determine priority sectors for investment.

Minister of Finance and Development Planning Augustine Kpehe Ngafuan hailed the visit as a milestone in reigniting Liberia’s pathway toward Compact development, following delays caused by the U.S. political transition.

“The MCC is embracing a win-win development model under the current U.S. administration,” Minister Ngafuan said. “They are seeking to support sectors that not only drive Liberia’s economic progress but also create opportunities for U.S. investment.”

The Millennium Challenge Corporation, established by the U.S. Congress in 2004, is an independent government agency that provides large-scale grants to countries demonstrating strong commitments to good governance, economic freedom, and investing in their citizens as a pathway to reducing poverty through sustainable economic growth.

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