By Yaw Appiah LARTEY, Kwasi ADU-MANTE & Ebenezer ASAFO-ADJEI A nation reliant on imports: dissecting the energy mix Ghana's energy consumption has increased steadily over the past two decades, nearly doubling according to the energy commission of Ghana. This rapid growth has led the country away from its historical reliance on...
…FOCAC and global competition – (1) Starter "A stitch in time saves nine." This adage underscores the importance of timely action, resonating deeply with Africa's energy landscape. In 2005, a crippling power crisis left millions of Ghanaians in the dark, highlighting the urgent need for a reliable, sustainable energy source. Fast...
Only 40% of utilities in developing countries are financially sustainable, jeopardizing energy transition and access goals. The majority of electric utilities in developing countries are ill-equipped to meet growing demand for power and add more renewable energy into the grid, hindering global energy transition goals to provide clean, reliable, and affordable...
The World Bank has approved a US$250 million credit from the International Development Association (IDA) and a US$10 million grant from the country’s Energy Sector Management Assistance Program for a four-year Ghana Energy Sector Recovery Program for Results (PforR). The PforR will support the Energy Sector Recovery Programme (ESRP) to...
By Kestér Kenn KLOMEGÂH Today, African countries face major challenges in ensuring energy security. Several reports indicate Africa is experiencing a rapid population growth, rising unemployment, persistent ethnic conflicts and lack of good governance. And research further shows worsening energy crisis combined with factors mentioned are seriously constraining economic growth on the...
By Kestér Kenn KLOMEGÂH In this interview, Dr. Robert Sogbadji, deputy director in charge of nuclear and alternative energy, explains that Ghana will select by December 2024 a foreign company to build its first nuclear power plants. He says nuclear energy sector has been a hot topic for the government as it...
By Alexander ADU-LARTEY Ghana stands on the brink of a transformative era, one that promises to catapult the nation into a new age of economic prosperity and industrialization. At the heart of this potential transformation is Foreign Direct Investment (FDI), a powerful tool that has proven to be a game-changer...
By Kizito CUDJOE Senior Presidential Advisor, Yaw Osafo-Maafo, has stressed the critical importance of capacity-building in the country’s ambitious plans to integrate nuclear power into its national energy mix, amid global climate change mitigation efforts. Speaking at the third edition of the Africa Nuclear Business Platform meeting in Accra, he said...
By Jabesh Amissah-Arthur Africa stands at a critical juncture. Its population is booming, its aspirations for economic development are soaring, and its electricity demand is skyrocketing. This presents a complex challenge: how can the continent achieve economic development and deliver quality electricity services for its population while simultaneously mitigating the effects...
The transition to clean energy is an environmental imperative and an economic juggernaut, now employing more people globally than fossil fuels, according to the 2023 World Energy Employment Report. Clean energy jobs have risen to 35 million, a growth of 4.7 million, while fossil fuel employment has lagged, remaining 1.3...