• About
  • Advertise
  • Privacy Policy
  • Contact
Sunday, September 20, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Sub Top Stories1, Economy, Sub Top Stories

Ghana attains 85% national electricity access – Prez

Maynard Championby Maynard Champion
March 10, 2021
Reading Time: 3 mins read
Add as Preferred on Google
Ghana attains 85% national electricity access - Prez

President Akufo-Addo

President Akufo-Addo has stated that the country has now attained an 85 percent national electricity access rate as of October 2020. The President attributed this to the National Electrification Scheme, which according to him, has added a total of 1,436 communities to the national grid.

Meanwhile, the President said that his “ambition is that, by the end of my term, the figure will be 100 percent”. He further revealed that the country is currently negotiating with Independent Power Producers to make the cost of power more affordable for Ghanaians.

Energy sector developments

President Akufo-Addo stated that the National Energy Policy outlined in 2020 holds the promise of improving the sector.  According to him, the policy will improve the framework and strategies to meet the contemporary energy needs of the country.

Also, the President hinted that the government has improved the financial sustainability of the energy sector. He indicated that the government did this through several interventions such as paying up the energy legacy debts.

ADVERTISEMENT

According to the President, the Ghana National Petroleum Corporation (GNPC) has accelerated petroleum exploration activities in the inland Volta Basin. He detailed that it has successfully acquired and processed 2,538km of 2D seismic data, and analyzed 1,537 geochemical samples. He asserted that the GNPC has established a working petroleum system.

Gas infrastructure development

 Meanwhile, he pointed out that his government is constructing a gas processing plant-train in the Western Region to complement the Atuabo Gas Processing Plant. The aim is to increase dry gas delivery for power and non-power users.

Furthermore, the President indicated that work has completed on the Takoradi portion of the Takoradi-Tema Interconnection Project (TTIP). This has increased the capacity of gas exports from Takoradi to Tema, through the West African Gas Pipeline.

Atuabo
Atuabo Gas Processing Plant

The GNPC is working on the Tema LNG project to improve gas supply reliability for power and non-power industrial applications.  President Akufo-Addo expressed optimism that the project, Sub-Saharan Africa’s first LNG, will come on stream in the year. The facility will also become a hub for regional energy security. Thus, it will ensure low-cost fuel for both Ghana and its partners in the ECOWAS Region.

ADVERTISEMENT

Trends in Electricity Access

According to a World Bank 2019 report, Ghana is one of the countries in Africa that has attained above-average growth in electricity access over the last two decades. The country is among the African countries with the highest rate of electricity coverage.

In the five years 1993–98, access to electricity in households grew by 2.4 percentage points per year. This increased access to electricity to 43 percent from 31 percent over the period. However, growth slowed to just 1.1 percentage points per year between 1998 and 2003.

Since then, access grew at 2.4 percentage points per year during 2003–08 and 3.0 percentage points per year during 2008–14. The World Bank indicated that it took Ghana 21 years to raise household electrification to 78 percent from 31 percent as of 2014. This happened with an average annual gain of 2.3 percentage points.

ADVERTISEMENT

As of 2016, only 42.8 percent of the population in Africa had access to electricity, far less than any other developing region. Only two countries in the region, Mauritius and Seychelles, have near-universal electricity coverage.

READ ALSO : Total electricity consumption to increase by 8.3 % in the next five years

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: ECGghanaNational electricity accessNational Energy PolicyPresident Akufo-Addo
Please login to join discussion
Previous Post

Kenya ratifies trade deal with UK

Next Post

Trader scheme will insure drivers and average Ghanaians- COPEC

Related Posts

A Ghanaian holding notes
Economy

Secured Credit Jumps 73% Despite Fewer Registrations

September 19, 2026
Ghana Gas
Extractives/Energy

Ghana Gas Targets 2027 FID For $500m West-East Pipeline

September 19, 2026
Minister for Foreign Affairs, Samuel Okudzeto Ablakwa
General News

Ablakwa Asks Auditor-General To Audit All Evacuations Since 2017

September 19, 2026
Finance Minister Dr Cassiel Ato Forson at the 2027 budget hearings at the Ministry of Finance in Accra, where sector ministries presented their spending proposals. Photo: Ministry of Finance
Economy

US$2bn Jobs Plan Raises 2027 Budget Financing Question

September 18, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Accra-Kumasi Expressway

Accra-Kumasi Expressway Dominates Ghana’s Economic Conversation Online, IMANI PULSE Finds

September 20, 2026
Moliy, Ghanaian-American singer and songwriter

Moliy Bags Dancehall Song of the Year at Caribbean Awards

September 20, 2026
Minister for Women and Equalities, Bridget Phillipson

Equalities Minister Defends UK Economy’s Strong Position

September 20, 2026
Chief Executive Officer of the Ghana Gold Board (Goldbod), Sammy Gyamfi (L) and Minority Leader and Member of Parliament for Effutu, Hon. Alexander Kwamena Afenyo-Markin(R)

IMANI PULSE: DGPP Loss Dispute Dominates Ghana’s Online Accountability Debate

September 20, 2026
Former Vice President Dr Mahamudu Bawumia

IMANI Report: 2028 Election Talk Remains Personality-Driven and Built Around Bawumia

September 20, 2026
ADVERTISEMENT
Next Post
Executive Secretary of Chamber of Petroleum Consumers (COPEC), Duncan Amoah

Trader scheme will insure drivers and average Ghanaians- COPEC

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.