• About
  • Advertise
  • Privacy & Policy
  • Contact
Newstitbits
Advertisement
  • HOME
  • NEWS

    Jirapa Dubai CEO murder: Police accused of framing suspect as they struggle to prove key access

    Cardinal Peter Appiah Turkson

    Every Ghanaian must contribute to nation-building – Cardinal Turkson

    From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school

    From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school

    Eric Johnson

    “I’ve never slaughtered even a fowl” — Accused cries out, declares innocence in Jirapa Dubai CEO murder

    Elliot Fertik, the Consul General at the US Embassy in Ghana

    US visa tips: 10 key insights revealed by the US Consul General

    Establishment of Du Bois Memorial Centre was a visionary move by Rawlings – Yaa Asantewaa

    Establishment of Du Bois Memorial Centre was a visionary move by Rawlings – Yaa Asantewaa

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
  • HOME
  • NEWS

    Jirapa Dubai CEO murder: Police accused of framing suspect as they struggle to prove key access

    Cardinal Peter Appiah Turkson

    Every Ghanaian must contribute to nation-building – Cardinal Turkson

    From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school

    From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school

    Eric Johnson

    “I’ve never slaughtered even a fowl” — Accused cries out, declares innocence in Jirapa Dubai CEO murder

    Elliot Fertik, the Consul General at the US Embassy in Ghana

    US visa tips: 10 key insights revealed by the US Consul General

    Establishment of Du Bois Memorial Centre was a visionary move by Rawlings – Yaa Asantewaa

    Establishment of Du Bois Memorial Centre was a visionary move by Rawlings – Yaa Asantewaa

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH
No Result
View All Result
Newstitbits
No Result
View All Result

Ghana cleared to receive US$190m under MCC

September 6, 2018
Reading Time: 3 mins read

Ghana is to receive an amount of $190 million U.S. dollars for the second allocation of compact funds from the Millennium Challenge Corporation (MCC). This is as a result of government’s ability to meet all the required conditions to access the funds, the Millennium Development Authority said in a statement on Thursday. “Today, MCC submitted a letter acknowledging Ghana’s achievement of this milestone to the President, His Excellency Nana Addo Dankwa Akufo-Addo. Upon Entry-Into-Force of the Ghana Power Compact on September 6, 2016, MCC granted access to the first allocation of compact funds in the amount of $308.2 million U.S. Dollars. MCC’s investment in the Ghana Power Compact totals $498.2 U.S. Dollars.” A delegation led by Professor Yaa Ntiamoa-Baidu, Board Chair of MiDA, and Christopher Lamora, Charge d’Affairs and Ag. U.S. Ambassador to Ghana, presented the Letter to the Vice President, Dr. Mahamudu Bawumia, who received it on behalf of the President. [caption id="attachment_90122" align="aligncenter" width="626"]Dr. Mahamudu Bawumia Dr. Mahamudu Bawumia[/caption] “Today marks a significant milestone in the implementation of the Power Compact Program. With these funds, MiDA together with its implementing entities will be able to carry out the planned investment and reform activities aimed at strengthening our country’s power distribution sector”, remarked the MiDA Board Chair. “Meeting this important milestone is a testament to the commitment of the Ghanaian government to reform its power sector in an effort to bring critical services to its people,” MCC Acting CEO Brock Bierman said. “But much work remains. With only 3 years remaining in the MCC Ghana Power Compact, we must continue to work together until the concession is complete and the path is paved to inject private-sector investment and expertise to transform the viability of the Ghanaian power sector.” The Vice President acknowledged the notification and thanked the U.S. Government and the MCC for their partnership through the Ghana Power Compact; a manifestation of the strong cooperation that Ghana has with the US. “Today is a great day and we are entitled to celebrate our achievement” he said. “However we have a significant number of project activities to be carried out in order to meet all milestones. I therefore urge all stakeholders to continue to collaborate and maintain the alacrity they have demonstrated so far.” He reiterated Government’s commitment to ensuring that the Compact delivers its goal to reduce poverty through economic growth, by transforming the power distribution sector. Source: 3news.com | Ghana]]>

Previous Post

Chinese I.T giant, Inspur Group, to establish West Africa headquarters in Ghana

Next Post

Exhibitors clamour for another Western Trade Fair

Related Posts

Cynthia Morrison

Agona West MP deserts NPP, promises ‘doku’ to women as she goes independent

Who will reject such offer? – Gyan ready to be Bawumia’s running mate

Who will reject such offer? – Gyan ready to be Bawumia’s running mate

Charles Osei Asibey

Charles Osei Asibey declines to serve on Bawumia campaign manifesto committee

Stay focused, work hard; we’re winning 2024 – Bawumia to NPP

Stay focused, work hard; we’re winning 2024 – Bawumia to NPP

Next Post

Exhibitors clamour for another Western Trade Fair

CTN exposes rot at ports; $14.04m lost in July

Recent Posts

  • Jirapa Dubai CEO murder: Police accused of framing suspect as they struggle to prove key access
  • Every Ghanaian must contribute to nation-building – Cardinal Turkson
  • From despair to hope: How Seidu Agongo kindness transformed a storm-ravaged school
  • IMF Executive Board approves $370m disbursement for Ghana
  • “I’ve never slaughtered even a fowl” — Accused cries out, declares innocence in Jirapa Dubai CEO murder
  • Opinion: Let the Truth Lead: Ohemaa Akosua Asantewaa and Kwaafo Royal Family Key to Resolving Kwahu Chieftaincy Crisis
  • MP for Akwatia Ernest Kumi is dead
  • 24-Hour Economy policy: Game-changer that needs flawless execution

Popular Stories

  • Eric Johnson

    “I’ve never slaughtered even a fowl” — Accused cries out, declares innocence in Jirapa Dubai CEO murder

    0 shares
    Share 0 Tweet 0
  • MP for Akwatia Ernest Kumi is dead

    0 shares
    Share 0 Tweet 0
  • Jirapa Dubai CEO murder: Police accused of framing suspect as they struggle to prove key access

    0 shares
    Share 0 Tweet 0
  • IMF Executive Board approves $370m disbursement for Ghana

    0 shares
    Share 0 Tweet 0
  • 24-Hour Economy policy: Game-changer that needs flawless execution

    0 shares
    Share 0 Tweet 0

ABOUT US

Newstitbits.com is a 21st Century journalism providing the needed independent, credible, fair and reliable alternative in comprehensive news delivering that promotes knowledge, political stability and economic prosperity.

Contact us: [email protected]

@2023 – Newstitbits.com. All Rights Reserved.

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • NEWS
  • POLITICS
  • SHOWBIZ
  • SPORTS
  • BUSINESS
  • ELECTIONS
  • RELIGION
  • EDUCATION
  • WORLD
  • MORE
    • QUIRKY NEWS
    • LIFESTYLE
    • MEDIA
      • PHOTOS
      • VIDEOS
    • TECH

@2024 - Newstitbits.com. All Rights Reserved.