United States announces closure of the Millennium Challenge Corporation

According to several American media outlets, the announcement was made to employees during an internal meeting on Wednesday, April 23, 2025, although no official statement has yet been issued by the White House. An internal memo refers to a sweeping administrative reorganization, overseen by the Commission for Government Efficiency (DOGE), which foresees major job cuts and the gradual suspension of ongoing projects.

According to internal documents reviewed by the press, all MCC programs are expected to be suspended, with partner governments officially notified within 40 days.

Founded in 2004 under President George W. Bush, the MCC was a cornerstone of U.S. development aid, based on an innovative approach: awarding substantial grants to countries that adhered to high standards of democracy, governance, and liberal economic policy. Thanks to these investments, major infrastructure projects (roads, irrigation systems, electrical grids) were completed, leading to lasting transformations in several local African economies.