By Adnan Adams Mohammed State support for the Electricity Company of Ghana (ECG) has reached nearly GH₵38 billion over a two-year period, shifting a massive financial burden onto Ghanaian …
Independent Power Producers (IPPs)
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FeaturesMining & Energy
The Power Conundrum: Leadership and investment gaps fuelling Ghana’s power crisis
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed Ghana’s energy landscape is currently caught in a volatile tug-of-war between aging infrastructure and a surge in demand. As recent technical failures, including a major fire …
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Mining & Energy
Fuel Levies: ACEP backs One-Cedi power tax as protesters demand immediate scrap
by Adnan Adamsby Adnan AdamsA sharp divide has emerged over the future of Ghana’s energy sector financing, as energy experts and grassroots activists clash over the necessity of fuel-related levies amidst a biting cost-of-living …
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Mining & Energy
Ghana energy debt reset solidifies World Bank trust and global credibility
by Adnan Adamsby Adnan AdamsBy Adnan Adams Mohammed The Ghanaian government has injected US$1.47 billion into the energy sector to repair its international reputation, prioritizing the restoration of the World Bank Partial Risk Guarantee. …
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Economy and FinanceMining & Energy
Energy sector shortfall persists …IMF warns of ballooning costs amid privatisation option
by Adnan Adamsby Adnan AdamsGhana’s energy sector shortfall is projected to balloon to US$1.10 billion in 2026, despite marked improvements, the International Monetary Fund (IMF) has warned. During the review period, the shortfall was …
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Economy and FinanceMining & EnergyNews
2026 Budget: Gov’t prioritizes energy sector to boost industrial growth
by Adnan Adamsby Adnan AdamsThe 2026 Budget as read by the Finance Minister places the energy sector at the center of the country’s economic transformation, with a renewed focus on financial stability, renewable energy …
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The government is set to save about US$300 million following successful renegotiations with Independent Power Producers (IPPs), which have reduced the sector’s outstanding debt from US$1.5 billion to US$1.2 billion. …
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Economy and Finance
ESLA, IPPs receives GHC20bn budgetory alocation for 2025 Q1
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The 2025 Mini-Budget as presented to the outgoing eighth parliament has allocated GHC20 billion for interest payments, including obligations to Independent Power Producers (IPPs) and the Energy …
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Economy and FinanceNews
IMF flags Ghana’s energy sector deficit, pushes for swift reforms
by Adnan Adamsby Adnan AdamsIn its latest staff report, the IMF revealed that Ghana’s energy sector deficit for 2024 exceeded expectations, widening by 0.6 percentage points of GDP and further straining public finances.