The United States has announced the signing of a $480 million Millennium Challenge Corporation (MCC) grant with the Government of Sierra Leone. This agreement aims to enhance access to electricity, promote sustainable economic growth, and improve the quality of life for Sierra Leonean citizens. The grant is supplemented by a voluntary contribution of $14.2 million from the Government of Sierra Leone.
The funds will be used for significant investments in the energy sector, focusing on delivering affordable and reliable electricity to 4.6 million people. The initiative seeks to improve the electrical grid's operation and increase electricity availability for households, businesses, and social institutions without increasing the country's debt burden.
"MCC’s partnership with the Government of Sierra Leone will help unlock the country’s economic potential, empower communities and businesses, and create a more prosperous and thriving Sierra Leonean citizenry," stated an official release.
The United States also emphasized its support for Sierra Leone's commitment to democratic principles. This includes progress on implementing the Agreement for National Unity, electoral and constitutional reform, and pursuing justice and accountability for electoral violence.
"The U.S. government remains steadfast in its support of building a more robust and resilient energy sector, strengthening democracy, and ensuring a brighter future for all the people of Sierra Leone," concluded the statement.
