Ghana’s Energy Crisis: $1.1 Billion ENI Debt Looms
Ghana’s energy sector is facing a dire financial crisis, with the government set to pay a staggering $1.1 billion to ENI in 2025 alone. This payment covers monthly invoices, letter ...
Tag: Power sector
Decentralization Key to Solving Nigeria’s Power Grid Challenges
Frequent power grid collapses in Nigeria continue to disrupt economic activities and public services, highlighting the urgent need for sustainable solutions. Energy experts and policymakers have pointed to decentralization ...
Ghana’s Power Sector Woes: Unraveling the PDS Debacle
Ghana's power sector has long been a focal point for development and reform efforts, aiming to enhance efficiency and reliability to support economic growth and alleviate poverty. However, recent events ...
Ghana Urged by IMF To Reform Power Sector
The International Monetary Fund (IMF) has urged Ghana to undertake significant reforms aimed at enabling utility service providers to recover their costs effectively, ensuring reliable and sustainable power for homes ...
Power Sector Issues Will Worsen, IPPs Warn
The Independent Power Producers (IPPs) in Ghana have issued a warning about the imminent exacerbation of challenges within the country's power sector, highlighting a potential debt accumulation of around USD$1.8 ...
Ghana Government Initiates Sweeping Power Sector Renovation Amidst Political Controversy
In an innovative recourse to revamp the nation's power sector, the Akufo-Addo administration in Ghana has launched an extensive renovation initiative, with the replacement of 1963 transformers and pylons, according ...
ACEP Calls For Accountability In Power Sector To Limit Dependence On Government
Executive Director at the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has expressed the need for the Electricity Company of Ghana (ECG) to be transparent and accountable in its ...
Power Sector Presents Enormous Opportunity for Korean Investments In Africa- Mahama
Former President, John Dramani Mahama, has disclosed that the power sector presents an opportunity for Korean Investments in Africa. According to him, Korea has become a world-class model for leapfrogging ...
Lifting Generation Cap to 100MW to stimulate South Africa’s Mining Industry
South Africa’s mining industry is set to benefit significantly from the lifting of the power generation cap, as this serves to relieve companies from the possibility of operational discontinuity. According ...
Revisit recommendations of World Bank’s power sector reforms- Energy Expert advises Gov’t
Dr. Yusif Sulemana, an Energy Analyst and a Senior Oil Production Operations Specialist with Petroleum Development Oman has advised the government to revisit the recommendations of the World Bank’s power ...
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