Notice of Entering Into a Compact With the Republic of Sierra Leone

Document Headings Document headings vary by document type but may contain the following: the agency or agencies that issued and signed a document the number of the CFR title and the number of each part the document amends, proposes to amend, or is directly related to the agency docket number / agency internal file number the RIN which identifies each regulatory action listed in the Unified Agenda of Federal Regulatory and Deregulatory Actions See the Document Drafting Handbook for more details. Millennium Challenge Corporation [MCC FR 24-09] AGENCY: Millennium Challenge Corporation. ACTION: Notice. SUMMARY: In accordance with the provisions of the Millennium Challenge Act of 2003, as amended, the Millennium Challenge Corporation (MCC) is publishing a summary of the Millennium Challenge Compact (Compact) between the United States of America and the Republic of Sierra Leone. Representatives of the United States of America and the Republic of Sierra Leone executed the Compact on September 27, 2024. The complete text of the Compact has been posted at: https://www.mcc.gov/​resources/​doc/​compact-sierra-leone/​ . (Authority: 22 U.S.C. 7709 (b)(3)) Dated: September 30, 2024. Peter E. Jaffe, Vice President, General Counsel, and Corporate Secretary. Summary of Sierra Leone Compact Overview of MCC Sierra Leone Compact The Millennium Challenge Corporation (MCC), on behalf of the United States of America, has signed a five-year Compact with the Republic of Sierra Leone aimed at reducing poverty through economic growth. MCC funding of $480,669,000, together with a voluntary contribution of $14,200,000 from the Government of Sierra Leone, will support economic growth in Sierra Leone through investments in the energy sector to address the constraints of insufficient availability of affordable and reliable electricity. The Compact will address these constraints through three projects: (1) the Transmission Backbone Project; (2) the Distribution and Access Pr…