The Coca-Cola Africa Foundation (TCCAF) and the Millennium Challenge Corporation (MCC) gathered at the U.S. Capitol on October 5th to sign a Memorandum of Understanding (MoU) highlighting their mutual commitment to improve the quality of life of communities across Africa. President of The Coca-Cola Africa Foundation Dr. Susan Mboya and MCC Acting CEO Jonathan Nash signed the agreement at a ceremony attended by U.S. lawmakers.
Photo by MCC: Dr. Susan Mboya, TCCAF and Jonathan Nash, MCC commit to a powerful continued development partnership.
The agreement will allow TCCAF and MCC to collaborate on programs that provide safe water access, sanitation and hygiene; support the economic empowerment of women and youth; and strengthen health systems. The partners will develop investments to directly address local community needs, harnessing TCCAF’s capabilities in advancing community programs, its pan-African distribution network and marketing expertise, as well as MCC’s deep experience in policy and program development.
“We firmly believe in the great power of public-private partnerships and are honored to begin a new chapter working with MCC on these vital community water and economic empowerment initiatives”, said Dr. Susan Mboya, President of The Coca-Cola Africa Foundation. “Our two organizations will combine capabilities to help create greater economic opportunity and strength in African communities, working to break the stubborn cycles of poverty and disease that stand in the way of development and progress.”
Photo by MCC: TCCAF and MCC will continue to explore opportunities to collaborate in areas of need across Africa.
At the signing, TCCAF also announced new funding to support MCC’s Zambia Compact, which includes investments in water supply, sanitation and drainage infrastructure in Lusaka, the country’s rapidly urbanizing capital, to reduce poverty and drive economic growth. The funds will support an innovative pilot project that is delivering safe water to the people of Zambia through a public-private partnership between the local utility, the Lusaka Water and Sanitation Company, and private firm MECB Consulting Ltd. MECB is a grantee of the Innovation Grants Program for innovative water, sanitation, and waste management service delivery models to peri-urban communities under MCC’s Zambia Compact.
“Through this MoU, we look forward to building on our strong partnership with The Coca-Cola Africa Foundation,” MCC Acting CEO Jonathan Nash said. “By leveraging the resources of both organizations, this partnership will multiply our ability to transform lives around the world and spur sustainable economic growth.”
Since 2013, TCCAF and MCC have collaborated on projects that include MCC’s Cabo Verde Compact. As part of the Foundation’s flagship Replenish Africa Initiative (RAIN), TCCAF invested alongside MCC to improve water access for more than 22,000 people by developing a Social Access Fund. In 2015, U.S. Ambassador to Cabo Verde Donald L. Heflin visited one of the many people who benefitted from TCCAF’s
partnership with MCC, Maria José, and heard firsthand how these investments in water and sanitation are improving lives. Read the Ambassador’s blog on MCC’s website.
Committing over U.S. $70 million in funding, TCCAF’s investments in water, health systems strengthening and empowerment programs throughout Africa will leverage at least $150 million from over 140 partners by the end of 2020. By providing assistance in the most critical areas of need, TCCAF strives to improve quality of life and expand opportunities for communities in Africa.
Investments by MCC have leveraged more than U.S. $6 billion in additional investments and commitments from the private sector and other development partners. MCC’s time-limited grant investments are designed to promote growth and private investment, creating more stable, secure countries with new business opportunities.
“I have seen, and tasted firsthand, the results of the good work that both The Coca-Cola Africa Foundation and the Millennium Challenge Corporation do in Africa,” U.S. Senator Johnny Isakson said. “I’m glad to be a witness to an extended and greater partnership between these two outstanding organizations. The Millennium Challenge Corporation has strengthened accountability and enhanced economic growth through these types of partnerships. I commend both the Millennium Challenge Corporation and The Coca-Cola Africa Foundation for their continued commitment to Africa and to our own national security.”