Ghana Power Compact

Powering a Brighter Future in Ghana
The Ghana Power Compact strengthened Ghana’s energy sector and established a foundation on which the Government of Ghana can continue to build a brighter future.
Through our $316 million compact, MCC is helping the Government of Ghana improve the power sector through investments that will provide more reliable and affordable electricity to Ghana’s businesses and households. The United States is among Ghana’s principal trading partners, with bilateral trade between the two countries reaching $1.2 billion in 2015. While Ghana has experienced strong economic growth over the past 10 years, the power sector has not kept up with increasing demand from businesses and consumers, holding back Ghana’s potential for private investment.
In June 2021, MCC and the Government of Ghana amended the compact to mitigate implementation delays due to the COVID-19 pandemic.
Financials
Financials as of June 30, 2022
Compact Budget
Milestones
-
Signed:
August 6, 2014 -
Entry Into Force:
September 6, 2016 -
Closed:
June 6, 2022
Compact Projects
As of June 6, 2022