Tag: Energy sector
Business
Govt’s approach will create a resilient and reliable energy ecosystem – IPGG
The Independent Power Generators (IPGG) has expressed confidence that the government's energy strategy will lead to a resilient and reliable energy ecosystem for Ghana.In...
Headline
Ghana’s energy sector debt stands at $3bn – John Jinapor
Energy Minister-designate John Jinapor has revealed that Ghana's energy sector debt has surged to $3 billion, citing ineffective management and increasing interest on existing...
Headline
Ghana to renegotiate with US for reinstatement of $190 million for energy sector
Ghana is set to reopen negotiations with the United States government for the possible reinstatement of $190 million under the Millennium Challenge Corporation (MCC)...
News
Mismanagement of gov’t revenues fueling energy sector challenges – Ablakwa
The Member of Parliament (MP) for North Tongu, Samuel Okudzeto Ablakwa, has attributed the ongoing power supply challenges to the mismanagement of public funds...
News
Ghana signs $260m deal with World Bank to resolve energy sector crisis
Ghana has signed a significant US$260 million deal with the World Bank aimed at addressing the US$1.2 billion losses and various inefficiencies plaguing its...
Business
Energy sector decline threatens industrial growth despite 8.2% surge
Ghana's industrial sector recorded notable growth in the second quarter (Q2) of 2024, posting an 8.2% year-on-year (YoY) increase, according to the Ghana Statistical...
Business
Proposed merger in the energy sector not a solution – VRA Union
National Union Chairman of the Public Services Workers Union at the Volta River Authority (VRA), Fuseini Adjei, has expressed concerns over the proposed merger...
Business
Liabilities in cocoa and energy sectors could affect Ghana’s “modest recovery” – World Bank
The World Bank's latest Ghana Economic Update indicates that while the country has made "steady progress" towards economic stabilization, significant liabilities in the cocoa...
Business
It is time to appoint a new leader for energy sector – IES director
Executive Director of the Institute for Energy Security (IES), has voiced concerns over the lack of effective leadership in the energy sector.He emphasized that...
Business
Audit reports on cash flow system in energy sector to be made public – Finance Minister-designate
The Minister-designate for Finance, Dr Mohammed Amin Adam, has revealed the government’s intention to release audit results of the cash waterfall mechanism to improve...
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