The NDEA called for a substantial increase in investments to realise the Bank’s High 5 priority to ‘Light Up and Power Africa’
Five years into the African Development Bank’s ambitious New Deal on Energy for Africa (NDEA), the Bank’s investments are set to provide electricity access to around 13 million...
‘Sustainable Energy for All’ sets out clear, practical steps for African countries to recover better from COVID-19 and close energy access gaps
As countries continue to rebuild from the COVID-19 pandemic, a new guide by Sustainable Energy for All (SEforALL) shows how clean energy investment can support countries to ‘Recover...
Although crude production in 2019 went up 15 percent from 62,135,435.07 barrels in 2018 to 71,439,585 barrels, revenue accrued to the Petroleum Holding Fund (PHF) however dropped by some 5 percent within the same period.
The revenue went down to US$925million in 2019 from US$977million in 2018 from Royalties, Carried...
Price fluctuations in global crude and refined product prices are taking a heavy toll on Ghana’s downstream markets, resulting in Bulk Oil Distributors losing millions of dollars and throwing many indigenous Oil Marketing Companies out of business.
Out of the 130 oil marketing companies operating in the country, 50 -...
The United Nation’s Department of Economic and Social Affairs estimate that there will be 1.3 billion more Africans by 2050. From 2017 to 2050, it is expected that half of the world’s population growth will be concentrated in just nine countries: India, Nigeria, Democratic Republic of the Congo, Pakistan,...
For over 27 years, Prisoners at the Ahinsan Camp Prison have had to resort to using a dilapidated wooden structure as a place of convenience - which exposed them to all kinds of infectious diseases.
Reaffirming its commitment to the health and safety of communities where it operates, Vivo Energy...
Surging need driven by boom in electric cars, with 23 million passenger vehicles expected to be produced by 2030
The demand for raw materials used to manufacture rechargeable batteries will grow rapidly as the importance of oil as a source of energy recedes, as highlighted recently by the collapse of...
The Association of Oil Marketing Companies (OMCs) has said it will not allow any body other than the industry’s regulators to have oversight of their operations, saying such a move may cause damage to their machines.
This comes on the back of an announcement by the Executive Director of the...
The Ghana Grid Company (GRIDCo) has appointed Florence Nuamah Agyei as its new Director for Human Resources and Services, with effect from June 15, 2020. Florence has over 25 years' experience in Human Resources Management and Organisational Development, having served in leadership capacities across several continents.
She is a former...