The Chief Executive Officer of the Independent Power Producers (IPPs), Dr. Elikplim Apetorgbor, has refuted claims that government-owned power facilities are less expensive to manage compared to private ones, asserting that Independent Power Producers offer greater operational efficiency and sustained value to Ghana’s power industry.Speaking during a panel discussion themed “Financing the Future: Tackling Legacy...
Month: October 2025
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24-Hour Economy: Affordable Energy Key to Industrialization – GUTA
The business community is urging for more reliable and affordable energy to underpin the country’s push for a “24-hour economy”. Speaking on the sidelines of Power Energy Ghana Expo and BuildExpo Ghana 2025, Ghana Union of Traders Association (GUTA) President Joseph Obeng highlighted mounting concerns around high energy costs, which he said are burdening manufacturers...
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Strong Growth Ahead for Africa’s Downstream Sector, Says SPE Africa Regional Director
At a recent downstream sector industry event held in Lagos Nigeria, Dr. Riverson Oppong the Africa Regional Director for the Society of Petroleum Engineers (SPE) and CEO of the Chamber of Oil Marketing Companies Ghana delivered a presentation titled “Emerging Business Models within the Downstream Sector”.Dr. Oppong pointed out that while downstream demand in Europe...
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Ghana to Spend GHS 30bn Over Medium-term to Subsidise Power – ACEP’s Benjamin Boakye
Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has raised concerns over the country’s ballooning energy subsidies, warning that Ghana’s current management of the power sector is unsustainable and draining resources needed for social and infrastructural development. Speaking during a panel discussion on the theme “Financing the Future: Tackling Legacy Debts...
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PHDC CEO Advocates for ‘Just Energy Transition’ at A Rocha Ghana Forum
The Acting Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC), Dr. Toni Aubynn, has called for a balanced and equitable shift from fossil fuel dependence to renewable energy systems as Ghana advances its energy transition agenda. Speaking at a stakeholder forum organised by A Rocha Ghana under the theme “Prospering with Nature: Transition...
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Ghana, ISA Strengthen Collaboration to Accelerate Renewable Energy Transition
Ghana’s Minister for Energy and Green Transition, John Jinapor, has held bilateral talks with Mr. Ashish Khanna, Director-General of the International Solar Alliance (ISA), on the sidelines of the 8th Session of the ISA Assembly in New Delhi, India. The meeting centered on advancing partnerships between Ghana and the ISA to scale up renewable energy...
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Tinubu approves 15% import duty on petrol, diesel
President Bola Tinubu has approved the introduction of a 15 per cent ad-valorem import duty on petrol and diesel imports into Nigeria.The initiative is aimed at protecting local refineries and stabilising the downstream market, but it is likely to raise pump prices.In a letter dated October 21, 2025, reported publicly on October 30, 2025, and...
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‘Stop fossil fuel incentives to drive energy transition’
For Nigeria to attract investment in the renewable energy sector that will boost socioeconomic development, and aid transition to renewable energy, the country must remove all tax credits on fossil fuel. This was the position of the Civil Society Legislative Advocacy Centre (CISLAC), the Nigeria Extractive Industries Transparency Initiatives (NEITI) and other stakeholders at the...
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Tullow Ghana shares strategic sector plans with Parliamentary Select Committee on Energy
Parliamentary Select Committee on Energy, led by its Chairman and Ho West MP, Emmanuel Bedzrah, has completed a working visit to Tullow Ghana’s Jubilee and TEN oil fields in the Western Region.The visit offered the lawmakers a closer look at the company’s offshore operations and its efforts to sustain and strengthen Ghana’s oil and gas...
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Ghana Reaffirms Commitment to Global Clean Energy Transition at International Solar Alliance Assembly
Ghana has reiterated its strong commitment to advancing renewable energy and supporting the global clean energy transition at the 8th Assembly of the International Solar Alliance (ISA).Representing the Government of Ghana, the Minister for Energy and Green Transition John Jinapor, presented the country’s statement, reaffirming Ghana’s dedication to sustainable energy development and expressing appreciation to...