Africa will require at least two additional refineries the size of Dangote Refinery to meet rising fuel demand and reduce dependence on imported refined petroleum products, according to the Africa Finance Corporation (AFC). The projection was contained in the 2026 State of Africa’s Infrastructure Report (SAIR), unveiled at the Africa We Build Summit in Nairobi,...
Author: Justice Amissah (Justice Amissah)
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Africa’s Energy Wealth: Why good governance must power a just transition
By Sola ADEBAWO Africa’s energy challenge is not a shortage of resources. It is a shortage of governance that works. The continent holds some of the world’s richest solar potential, vast wind corridors, major gas reserves, hydropower capacity, and critical minerals. Yet Africa still consumes less electricity per capita than in almost any other region....
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Pecan Energies Ghana CEO Kadijah Amoah named World Economic Forum Young Global leader
The Chief Executive Officer of Pecan Energies Ghana Limited, Kadijah Amoah, has been named among the World Economic Forum’s Young Global Leaders (YGL) for the Class of 2026, placing her among a select group of leaders shaping the future of global leadership. The recognition highlights Mrs. Amoah’s growing influence at the intersection of energy, economic...
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Energy Minister Hints Possible Shake-up at ECG over Poor ‘Responsiveness’
Hon. John Jinapor, the Minister of Energy and Green Transition, has issued a stern warning to the Electricity Company of Ghana (ECG), signaling a potential leadership and operational restructuring following persistent reports of service lethargy. Addressing stakeholders and staff, the Minister expressed significant dissatisfaction with the current level of responsiveness in various districts, noting that...
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Energy Minister John Jinapor likely to suspend some fuel margins today
Energy Minister John Jinapor is expected to announce a temporary suspension of some margins on petroleum pricing today, in what could bring relief to consumers over the next four weeks. This is what JOYBUSINESS has gathered from persons with knowledge of engagements between the Finance Minister, Cassiel Ato Forson, and the Energy Minister to review...
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COMAC Secures J & B Global Lifting as Headline Sponsor to Boost Oil and Gas Safety Standards
The Chamber of Oil Marketing Companies (COMAC) has welcomed J & B Global Lifting Ltd. as a headline sponsor, marking a decisive step in reinforcing the safety architecture of Ghana’s oil and gas industry.This strategic partnership serves as a high-profile reaffirmation of the company’s dedication to operational excellence and the protection of human capital within...
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COMAC Stresses Consumer Protection as Ghana’s Fuel Demand Surges
The Chamber of Oil Marketing Companies (COMAC) has underscored the growing importance of consumer protection in Ghana’s downstream petroleum sector, as fuel consumption continues to rise significantly. Speaking at an event by the National Petroleum Authority NPA, to mark World Consumer Rights Day, CEO of COMAC Dr Riverson Oppong expressed appreciation to the National Petroleum...
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Ghana Launches New LPG Vessel to Strengthen Energy Supply Chain
ULSAN, South Korea. On Thursday, March 12, the Chief Executive Officer of the Tema Oil Refinery Edmund Kombat joined president John Mahama, senior government officials, and downstream energy industry leaders to launch the Sahara LPG vessel MT Asharami Ghana in Ulsan, South Korea.The vessel, owned by Sahara Group, is expected to significantly improve liquefied petroleum...
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Pump prices set to rise again with petrol up 3.59%, diesel 1.52% in March window
Consumers should brace for higher fuel costs in the first pricing window of March 2026, as petroleum prices are expected to increase marginally at the pumps. According to the Chamber of Petroleum Consumers (COPEC), “Petroleum prices beginning the 1st window of March 2026, are expected to see some marginal increments across the pumps.” COPEC projects...
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ASEC Calls for Urgent Reform in Ghana’s Petroleum Downstream Following Star Oil’s COMAC Exit
The Africa Sustainable Energy Centre (ASEC) has called for urgent reforms in Ghana’s petroleum downstream sector following the indefinite suspension of Star Oil Limited’s membership from the Chamber of Oil Marketing Companies (COMAC).Star Oil, Ghana’s leading indigenous Oil Marketing Company (OMC), cited unfair representation and a failure to advocate for consumer-friendly policies, particularly the contentious...