MiDA Endorses Trump’s Vision

…as MCC Reviews Global Portfolio.

The Millennium Development Authority (MiDA) of Ghana has thrown its weight behind the Trump Administration’s renewed emphasis on utilizing the Millennium Challenge Corporation (MCC) to further America’s strategic goals.
This declaration was made as the MCC Board of Directors convened in Washington last week to identify new partner nations, assess its worldwide portfolio, and affirm its results-oriented development approach.
“MCC is a crucial instrument for promoting President Trump’s America First foreign policy agenda,” declared Christopher Landau, Deputy Secretary of State and acting chair of the MCC Board. “With its emphasis on return on investment, evidence-based methodologies, and a strict five-year execution timeline, the MCC ensures that U.S. taxpayer resources are utilized to advance national interests.”
In response to the MCC’s official statement, the Chief Executive of MiDA expressed approval of the direction charted by the MCC leadership, affirming that Ghana is prepared to harmonize its implementation strategy with the core values of the MCC.
“MiDA is committed to executing MCC initiatives centered on return on investment, evidence-based practices, and a rigorous five-year implementation schedule,” he emphasized, promising Ghana’s unwavering allegiance to the partnership.
This fresh collaboration follows a setback in 2019 when Ghana was slated to obtain $190 million under the second installment of the MCC Power Compact.
The financial allocation, designated for infrastructure enhancements and the revival of the nation’s energy sector, was put on hold following the collapse of a 20-year concession accord with Power Distribution Services (PDS).
The pact, aimed at introducing private sector involvement into the Electricity Company of Ghana (ECG), was deemed unsound by the U.S. government.
MiDA played a pivotal role in executing the Power Compact and was entrusted with supervising the transition. The suspension dealt a severe blow to Ghana’s energy sector reform plan, particularly championed by former President John Mahama, who advocated for the privatization of electricity distribution.
Amidst calls for renewed cooperation, MiDA envisions that a fresh interaction with the MCC could unlock novel avenues for reform. “We are convinced that the groundwork established during the Power Compact still holds significance,” observed the MiDA Chief.
“Ghana remains steadfast in its commitment to transparency, private sector participation, and the delivery of outcomes that align with MCC’s benchmarks.”
As the MCC reaffirms its dedication to rigorous, time-sensitive development efforts, MiDA is positioning itself as a dependable partner capable of meeting the elevated expectations set forth by the U.S. agency—in service of Ghana’s advancement and the advancement of U.S. strategic objectives on the global stage.