The Grammy Awards were held for the 66th annual time this past week. The show is always full of monumental moments, triumphant or controversial. It is also a perfect look into the music industry and the trends that are currently happening. From the acts performing to the artists winning, much of the show can be read into.
globalEDGE Blog - By Tag: benin
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Earlier this summer, the Millennium Challenge Corporation (MCC) announced a $70 million commitment to bring in one billion dollars in public-private investments for developing countries. This plan will take place over the next five years, and the grant money given to Africa is expected to generate $750 million in investments from the private sector. The MCC is heavily investing in the continent’s energy sector, and the ultimate goal is to reduce poverty, increase economic growth, and attract more investors to countries such as Malawi, Benin, Lesotho, Liberia, Tanzania, Ghana, and Morocco. According to Kyeh Kim, the Deputy Vice-President of Compact Operations for the MCC, “these are countries that have a good track record in terms of good governance and democracy, have made strong efforts toward anti-corruption and are investing in their social sectors: education and health, as well as creating an enabling business environment through things like good fiscal policy, trade policy.”