Notice of First Amendment to Compact With the Republic of Senegal

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 26-04] AGENCY: Millennium Challenge Corporation. ACTION: Notice. SUMMARY: In accordance with the Millennium Challenge Act of 2003, as amended, the Millennium Challenge Corporation is publishing a summary, justification, and full text of the proposed First Amendment to Millennium Challenge Compact between the United States of America, acting through the Millennium Challenge Corporation, and the Republic of Senegal. Representatives of the United States Government and the Government of Senegal plan to conclude the Amendment in late May or early June of 2026. (Authority: 22 U.S.C. 7708 (i) (2)) Brian Finkelstein, Acting Vice President, General Counsel, and Corporate Secretary. Summary of First Amendment to Millennium Challenge Compact With the Republic of Senegal The Board of Directors of the Millennium Challenge Corporation (“ MCC ”) has approved an amendment (the “ Amendment ”) to the existing US$550 million, five-year Millennium Challenge Compact between the United States of America, acting through MCC, and the Republic of Senegal (the “ Compact ”). Background The Compact was signed on December 10, 2018 and entered into force on September 9, 2021. The Compact is designed to modernize Senegal's electricity sector through the delivery of reliable and stable electricity to allow for expansion of the grid, diversification of electricity generation sources, and leverage of Senegal's burgeoning oil and gas …