By Ernest Bako WUBONTO
Chief Executive Officer-Ghana Investment Promotion Centre (GIPC), Yofi Grant, has urged African nations to monetise their natural resources to generate the revenue required for creating transgenerational transformative wealth.
With Africa recorded as being home to some 30 percent of the world's mineral reserves, 40 percent of the...
By Kizito CUDJOE
Parliament has approved a US$250million World Bank loan to bolster the country’s Energy Sector Recovery Programme (ESRP), a key initiative designed to address long-standing structural inefficiencies, streamline operations and restore the sector’s financial health.
The facility is a critical part of broader efforts to reform the ailing energy...
By Sheldon. K. AMBAAH
The global energy sector is undergoing a transformative shift, driven by the urgent need to address climate change and reduce greenhouse gas emissions. The oil industry, which has been a cornerstone of the world’s energy supply for over a century, now faces unprecedented challenges as the...
Vivo Energy Ghana, the Shell licensee, has hosted its inaugural ShePower training session at its head office in Accra.
The event, targeted at female employees of the company was held under the theme “The Power of Positive Self Talk: Cultivating Confidence and Resilience.”
The ShePower training programme encapsulates Vivo Energy Ghana’s...
The country has been ordered to pay over US$111million in damages to GPGC Limited, a power company, following a lengthy arbitration dispute.
This ruling by a U.S. federal judge comes as a significant blow to government's efforts at managing the nation's power sector challenges.
The saga began in 2015 when, grappling...
By Juliet ETEFE
The country’s effort to ensure a conducive environment for green mobility is gaining significant momentum as the Energy Commission engages experts in Accra on the first draft of EV Charging and Battery Swap Regulations.
This is in line with the Commission's broader Drive Electric Initiative (DEI), which...
… as inflation eases
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU
[email protected]/ [email protected]
The suspended 15 percent value-added tax (VAT) on electricity may be reintroduced as the inflation rate continues to decline.
Last week, the Ghana Statistical Service (GSS) reported that annual inflation had slowed to a 28-month low of 20.9...
As Africa’s energy sector deregulates, exciting opportunities open up for financial innovation to benefit consumers. Private-sector buyers and traders can mitigate default risk and provide certified green energy at lower cost, writes Ana Hajduka, founder and CEO of Africa GreenCo.
Africa's renewable energy potential is undeniable, but it remains largely...
By Kizito CUDJOE
The energy sector is facing severe financial challenges, with government struggling to maintain power generation and ensure sector stability, say experts.
Energy consultant Dr. Nii Darko Asante, speaking at the 13th Ghana Economic Forum (GEF) in Accra, highlighted the sector's escalating financial burden and increasing reluctance of investors...
Sydney Nii Ayitey Tetteh - Executive Vice President, Energy & Infrastructure, Client Coverage, Corporate and Investment Banking at Stanbic Bank Ghana, has called on stakeholders and policymakers in Ghana’s energy sector to prioritise the sanitation of the sector to attract the necessary investment to sustain the sector.
Nii Ayitey Tetteh...