The chief executive officer (CEO) of the Millennium Development Authority (MiDA), Martin Eson-Benjamin recently announced that Ghana has been nominated for a third Power Compact under the Millennium Challenge Account (MCA) alongside Burkina Faso, Ivory Coast, Benin and Niger.
Eson-Benjamin underlined that Ghana only stands a good chance of being selected, if the country successfully implements the ongoing Power Compact II, reports GhanaWeb. He urged the implementing entities and stakeholders under the Compact to support MiDA in executing quality projects so that the West African nation could benefit from the $536 million grant.
The MiDA official also revealed that there is 32 months left till the end of the Power Compact II, noting that 60% preliminary works have been done in the past two years. Media cited him stating that negotiations are ongoing for the commencement of work on the largest electricity bulk supply point at Pokuase in March this year.
Source: ESI Africa