Closed Compact Report: Ghana Compact

Introduction

In August 2006, MCC and Ghana signed a $547 million compact focusing on investments to raise farmers’ incomes through private sector-led agribusiness development and major public works projects.

Country Context

Ghana is an emerging economy and a trade hub for much of West Africa, and agriculture is a mainstay of its economy, accounting for about 40 percent of the country’s gross domestic product at the time the Compact was signed.

Agriculture Project

The Agriculture Project was designed to enhance returns from staple food and horticulture crops produced by low-income smallholder farmers and improve delivery of business and technical services to support the expansion of higher value commercial agriculture.

Rural Development Project

The Human Development Project was designed to strengthen rural institutions that provide services complementary to and supportive of agricultural and agribusiness development.

Transportation Project

The Transportation Project was designed to promote access to social services and support expansion of Ghana’s export-directed horticulture base by reducing the cost of getting agricultural products to market.

Compact Changes

Learn how MCC and Ghana agreed to adjust compact targets due to changes in estimated costs and project progress.

Coordination and Partnerships

Discover MCC’s efforts to coordinate resources and expertise with other donors and international institutions as part of the Ghana Compact.

Conditions Precedent

Read the conditions that Ghana needed to meet under the terms of the compact prior to disbursing project funds.

Lessons Learned

Understand what MCC learned from the Ghana Compact and how those lessons are applied to our programs today.