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US–GHANA POWER COMPACT I promised to work with Akufo-Addo but ECG was bleeding under him and I was disappointed. — Virginia Palmer, US Ambassador to Ghana reveals why they cancelled the Compact. Ghana was due for a second tranche of $190m under the Millennium Challenge Corporation (MCC) which started... under President Mahama in 2014. The US-GH CC was designed to revamp the country’s energy sector through strategic investments in power infrastructure, promoting energy efficiency, and fostering inclusive economic growth. MCC aimed to improve Ghana’s power sector and support economic growth. It involved a $316 million investment focused on modernizing utility operations, upgrading infrastructure, and reducing technical and commercial losses, ultimately aiming to improve reliability and affordability of electricity. The compact was a key part of a larger effort to address Ghana’s power sector challenges and promote sustainable economic growth. It was cancelled in 2019 with no immediate plan to reengage on the back of the PDS botched contract.show more

MPK 𓃵

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47,417 views • 1 year ago •via X (Twitter)

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11 Comments

Manny1 year ago

@MBawumia What were you saying again about the new govt's supposed "Dumsor levy"? When you know very well a govt you were 2nd in command of cancelled a power pact that could've been very beneficial to the nation?? Do you talk because you assume Ghanaians don't think or what?

Porter & Company2 years ago

Porter Stansberry's Biggest Prediction Ever This shocking development in the energy sector could could unleash trillions in new wealth for America… and make one little-known U.S. energy firm the next Exxon. Click Here to Get Porter's Free Report Today.

Talokan Chief 🤴1 year ago

Pharoah truly did ghanaians dirty

MPK 𓃵1 year ago

A tell u

De_molloy1 year ago

@kwadwosheldon @Gen_Buhari_ @MrIrish3 Kwasia fuo come and listen to sense and facts. After you guys should go twitte that Mahama paid her or she is NDC.

citizensam1 year ago

As a keep saying. Only a fool will support NPP government.

SoboloWura🇬🇭1 year ago

Woaa look, @FAnnohDompreh … look at what happened under you guys! Just look!

ISSEY MIYAKE1 year ago

@NAkufoAddo you have no right to ever call anyone corrupt or incompetent ever ! You are an embodiment of corruption and incompetence!!!

b1 year ago

@JDMahama making money moves for Ghana even in opposition, meanwhile the sitting government was bleeding the citizens dry, do you realize how messed up a situation we were in?

Head-Master 👌1 year ago

They know all these mess and turn back to spew gibberish over the bold step taken by @JDMahama on ¢1 levy on fuel to fix the problem. Smh

MPK 𓃵1 year ago

@JDMahama NPP is not your friend

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