• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Energy

Mida Pledges Alignment With US Strategic Shift On Millennium Challenge Corporation

1 month ago
in Energy, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
59
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Mida Pledges Alignment With US Strategic Shift On Millennium Challenge Corporation

Ghana’s Millennium Development Authority (MiDA) has endorsed Washington’s renewed use of the Millennium Challenge Corporation (MCC) as a tool to advance US strategic priorities, signalling Accra’s willingness to align with the Trump administration’s emphasis on investment returns and strict implementation timelines.

The MCC board of directors met in Washington last week to select new partner countries and review its global portfolio. Christopher Landau, US deputy secretary of state and acting board chair, said the agency’s mandate fits squarely into the White House’s “America First” foreign policy. “MCC ensures US taxpayer dollars advance US interests,” he said, citing the corporation’s evidence-based approach and five-year funding horizon.

In a statement responding to the board meeting, MiDA’s chief executive said Ghana would adapt its strategy to reflect MCC’s sharpened focus. “MiDA will implement MCC projects that focus on return on investment, an evidence-based approach, and a strict five-year implementation timeline,” he said, stressing Ghana’s commitment to the partnership.

The move marks an effort to rebuild trust after a major setback in 2019, when Ghana lost access to $190mn in funding under the MCC Power Compact. The second tranche was suspended after the collapse of a 20-year concession agreement with Power Distribution Services (PDS), designed to bring private participation into the Electricity Company of Ghana. The US deemed the arrangement non-credible, dealing a blow to Accra’s power-sector reform agenda.

MiDA, which was responsible for managing the Power Compact, now insists that the groundwork laid still holds value. “Ghana remains committed to transparency, private sector involvement, and delivering results that align with MCC’s standards,” the agency’s head noted.

As the MCC sharpens its global role, MiDA is positioning itself as a dependable partner, keen both to advance Ghana’s development priorities and to support Washington’s strategic aims abroad.

RelatedPosts

Nigerian Crude Oil Hits $70/barrel Amid Global Tensions

Government to Expand Water-Energy-Nexus Project Nationwide to Boost Food Security

Fixtures and Results of the second-leg of First Preliminary Round of 2025/26 TotalEnergies CAF Champions League

Tags: Mida Pledges Alignment With US Strategic Shift On Millennium Challenge Corporation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

U-20 World Cup: Chile, Paraguay, Japan, and Ukraine Claim Victories on Opening Day 

Dangote Refinery Resumes Petrol Sales in Naira After Last-minute Gov’t Intervention

Premier League: Liverpool’s Perfect Start Ends, Man United Stumbles Again

Farming at the Crossroads: NorvanReports Xspace to Probe How Galamsey Threatens Ghana’s Food Security

Global 5G Connections Projected to Reach 9 Billion by 2030

World Bank Court Blocks Niger From Selling Uranium From Somaïr Mine

Trending

Economy

Nigerian Crude Oil Hits $70/barrel Amid Global Tensions

September 28, 2025

Nigerian Crude Oil Hits $70/barrel Amid Global Tensions Nigerian crude settled at about $70 per barrel, up...

Government to Expand Water-Energy-Nexus Project Nationwide to Boost Food Security

September 28, 2025

Fixtures and Results of the second-leg of First Preliminary Round of 2025/26 TotalEnergies CAF Champions League

September 28, 2025

U-20 World Cup: Chile, Paraguay, Japan, and Ukraine Claim Victories on Opening Day 

September 28, 2025

Dangote Refinery Resumes Petrol Sales in Naira After Last-minute Gov’t Intervention

September 28, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.