Namibia Compact Signing Ceremony, July 28, 2008

In July 2008, the Millennium Challenge Corporation signed a five-year, $304.5 million Compact with the Government of Namibia to reduce poverty and accelerate economic growth. The Compact aims to improve the quality of education and training for underserved populations, and attempts to capitalize on Namibias comparative advantages (e.g., large areas of semi-arid communal land suitable for livestock, and diverse wildlife and unique landscapes ideal for ecotourism) to increase the incomes of poor Namibians in the northern areas of the country.

Category:

News & Politics

Tags:

• Africa
• Namibia
• poverty reduction
• MCC
• U.S. government

[nauta51]

thank very much indeed .i hope this will improve life in namibia especial poor people .