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MCC Delegation arrives to assess Liberia’s readiness for second compact

by The Liberian Investigator
September 22, 2025
in News
Reading Time: 2 mins read
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Carrie Monahan, MCC’s Managing Director for Africa, pictured near MCC banner as U.S. delegation arrives in Liberia to assess readiness for a second Compact

Published: September 22, 2025

MONROVIA — A high-level delegation from the U.S. Government’s Millennium Challenge Corporation (MCC) will arrive in Liberia on Monday, Sept. 22, to assess the country’s preparedness for a potential second Compact.

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

The visit comes ahead of MCC’s regular board meeting in December 2025, where Liberia’s eligibility for renewed Compact support will be reviewed.

Engagements with Stakeholders

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

Other engagements will involve the Liberia Revenue Authority, Liberia Special Economic Zone Authority, Ministry of Commerce and Industry, the Liberia Chamber of Commerce, and civil society stakeholders.

These consultations will feed into MCC’s Constraints Analysis, a diagnostic process that identifies the most significant barriers to inclusive, sustainable economic growth and determines sectors best aligned with MCC investment priorities.

Renewed Momentum

The mission marks a key step in reigniting Liberia’s pathway toward Compact development, following a pause attributed to U.S. political transitions and shifting policy directions.

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

About MCC

Established by Congress in 2004, the Millennium Challenge Corporation is an independent U.S. government agency that provides large-scale grants to countries demonstrating a commitment to good governance, economic freedom, and investing in citizens. Its goal is to reduce poverty through sustainable growth.

Tags: Carrie MonahanLiberia second CompactMCC LiberiaMillennium Challenge CorporationU.S.-Liberia Relations
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