{"id":2432,"date":"2026-05-19T16:45:05","date_gmt":"2026-05-19T16:45:05","guid":{"rendered":"https:\/\/mida.gov.gh\/staging\/3036\/?page_id=2432"},"modified":"2026-05-20T08:30:30","modified_gmt":"2026-05-20T08:30:30","slug":"press-release-mcc-5","status":"publish","type":"page","link":"https:\/\/mida.gov.gh\/staging\/3036\/press-release-mcc-5\/","title":{"rendered":"Press Release – MCC – GPC"},"content":{"rendered":"\t\t
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Building a \u2018Brighter\u2019 Future: MCC, Ghana Complete $316 Million Power Compact\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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For Immediate Release\n\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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June 6, 2022\n\n\n\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
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ACCRA, Ghana \u2014 MCC Deputy Chief Executive Officer, Mahmoud Bah (center), receives a tour of the Pokuase Bulk Supply Point (BSP), which is one of the four power stations built as part of the $316 million MCC-Ghana Power Compact.\u00a0<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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WASHINGTON (June 6, 2022) \u2013 The U.S. government\u2019s Millennium Challenge Corporation (MCC) and the Government of Ghana formally\u00a0completed the 5-year, $316 million MCC-Ghana Power Compact\u00a0today, celebrating a partnership that created a more effective, sustainable, and inclusive power sector in Ghana.<\/p>

\u201cToday, we join the Government of Ghana in celebrating a successful five-year grant program that has had a positive and measurable impact on the country\u2019s power sector,\u201d\u00a0said MCC Deputy Chief Executive Officer, Mahmoud Bah<\/strong>. \u201cWorking together through the MCC-Ghana Power Compact, we built four major power stations, including the country\u2019s two largest bulk supply points. We also instituted progressive reforms that will empower Ghanaian women to more fully participate in and capitalize on opportunities in the power sector. All while helping to bring reliable electricity into the homes and business of millions of Ghanaians \u2014 a critical step in alleviating poverty across Ghana.\u201d<\/p>

MCC and the Government of Ghana worked together to accelerate economic growth by investing in infrastructure and programs that provide more reliable, affordable electricity to Ghanaian institutions, businesses, and households and by expanding opportunities for women in the power sector.<\/p>

Through the MCC-Ghana Power Compact<\/strong>, \u00a0the Government of Ghana led the construction on all power substations as well as reforms to the Electricity Company of Ghana (ECG) \u2014 which will positively impact nearly 5 million Ghanaians and provide power to critical medical facilities such as the University of Ghana Medical Center and the Greater Accra Regional Hospital; installed more than 14,000 energy-efficient LED streetlights; and facilitated internship, development, and training opportunities in Ghana\u2019s power sector for more than 700 female students in the fields of science, technology, engineering, and math (STEM).<\/p>

The ECG also adopted a new gender policy and action plan, targeting greater female recruitment and employee promotion and will partner with the U.S. Agency for International Development\u2019s Engendering Utilities Program to continue making progress on creating a more inclusive, diverse energy sector workforce.<\/p>

\u201cAffordable access to electricity creates opportunities \u2014 for businesses, for women and underrepresented groups, and for the well-being of families,\u201d\u00a0added DCEO Bah<\/strong>. \u201cOur accomplishments are many, but work remains to be done.\u201d<\/p>

In addition to implementing internship and mentoring programs for female STEM students, 30 schools implemented new green-energy curriculum to help promote good energy stewardship and energy efficient practices, and the Ghanaian government established the Air Conditioner and Refrigerator Test Laboratory. The Laboratory is the first of its kind in West Africa and will carry out tests and ensure that all air conditioners and refrigerators imported into Ghana meet the country\u2019s minimum energy performance standards.<\/p>

\u201cAll too soon the second Ghana compact has drawn to a close,\u201d\u00a0said Prof. Yaa Ntiamoa-Baidu, Board Chairperson for the Millennium Development Authority (MiDA).<\/strong>\u00a0\u201cWhile implementing the [Kasoa Project], and the compact program as a whole, MiDA has been resilient and has worked diligently to put the $316 million compact funds received from the U.S. government\u2019s Millennium Challenge Corporation and the $31 million government counterpart funds to very good use. It is our prayer that these assets will yield fruits that will support the development of the power sector, boost private sector investments, improve productivity; and raise the earning potential from self-employment for men and women in the coverage area.\u201d<\/p>

The Ghana Power Compact is the second MCC-Ghana partnership. The first compact, which closed in 2012, successfully implemented a $547 million investment in the country\u2019s transport and agricultural sectors estimated to provide economic opportunities for over 1.2 million Ghanaians.<\/p>

The Millennium Challenge Corporation is an independent U.S. government development agency working to reduce global poverty through economic growth. Created in 2004, MCC provides time-limited grants that pair investments in infrastructure with policy and institutional reforms to countries that meet rigorous standards for good governance, fighting corruption and respecting democratic rights.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t

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Source: MCC.gov<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Building a \u2018Brighter\u2019 Future: MCC, Ghana Complete $316 Million Power Compact<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","footnotes":""},"class_list":["post-2432","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/pages\/2432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/comments?post=2432"}],"version-history":[{"count":9,"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/pages\/2432\/revisions"}],"predecessor-version":[{"id":2448,"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/pages\/2432\/revisions\/2448"}],"wp:attachment":[{"href":"https:\/\/mida.gov.gh\/staging\/3036\/wp-json\/wp\/v2\/media?parent=2432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}