The Energy Sector Levies Act (ESLA) was introduced to address longstanding challenges in Ghana’s energy sector, including rising debt, fragmented levies and weak coordination of financial resources. The Act aimed to consolidate existing energy sector levies, establish price stabilization and recovery mechanisms, and support sustainable long-term investment in the sector. Since its passage, ESLA has...
Author: Energy Crossroad (Energy Crossroad)
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Adwoa Serwa Bondzie appointed acting Executive Secretary of Energy Commission
The Energy Commission has announced the appointment of Adwoa Serwa Bondzie as its Acting Executive Secretary.She takes over from Ing. Mrs. Eunice Biritwum, who is suspected to have been forced out ahead of her retirement this year.Ms. Bondzie is an executive leader with over 15 years of experience in business development, energy transition and strategic...
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Dr. Ofori Urges Implementation of Africa’s Green Minerals Strategy to Drive Value Addition
Dr. Charles Gyamfi Ofori, Policy Lead for Energy Transition and Climate Change, has called for stronger implementation mechanisms to translate Africa’s mineral development frameworks into tangible outcomes. Speaking at the Industry Intel session at Mining Indaba, organised by the African Minerals Development Center (AMDC) and its partners, Dr. Ofori noted that Africa is not short...
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Nigeria pledges extra funding to launch Africa Energy Bank
started. Today, the bank is huge,” he said. Lokpobiri stressed that the Africa Energy Bank must commence operations without further delay to support oil and gas financing across Africa. “This specialised bank needs to take off without any further delay so that we will be able to raise the funding needed. If we have to...
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SolarAfrica secures R1.5 billion to deliver more reliable, affordable power to South African businesses
SolarAfrica has secured financial close on R1.5 billion to build SunCentral 2, the next 114 MW plant of its flagship utility-scale solar development in the Northern Cape. The new funding, provided by RMB and Investec Bank Limited, is another significant step in boosting access to affordable and clean energy for South African businesses, with first...
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Energy Minister Assures PSWU of Broad Consultations on Proposed EC–PURC Merger
The Minister of Energy and Green Transition has held discussions with representatives of the Public Services Workers Union (PSWU) following concerns raised by workers over the proposed merger of the Energy Commission and the Public Utilities Regulatory Commission (PURC). At the engagement, the Minister assured the union that government would not proceed with any merger...
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Energy transition risks sidelining us – Dr. Oppong warns
By Thomas-Moore ADINGO Ghana must pursue a balanced energy strategy that protects hydrocarbons, expands renewables and prioritises domestic value creation to secure energy sovereignty amid the accelerating global energy transition, Chief Executive Officer of Chamber of Oil Marketing Companies (COMAC) Dr. Riverson Oppong has said. Speaking at a public lecture in Accra on the topic...
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N3.6tn power subsidy plan should go beyond 2028 – GenCos
Power generation companies under the aegis of the Association of Power Generation Companies have urged the Federal Government to extend its proposed N3.6tn power subsidy payment plan beyond 2028, warning that the electricity sector’s liquidity crisis cannot be resolved within three years. The Chief Executive Officer of APGC, Joy Ogaji, made the call while reacting...
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10 African countries with the largest oil reserves in 2026
Even as global conversations increasingly focus on clean energy, oil continues to play a central role in Africa’s economic narrative, generating government revenue, employment, and strategic geopolitical influence. Libya currently holds Africa’s largest proven oil reserves at about 48.4 billion barrels, ranking ninth in the world, according to the Global Firepower report.Below are the African...
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Egyptian Investor Group Targets Fibre Gas Cylinder Factory in Ghana
An investment consortium from Egypt, Chemexa Petrochemical Trading and Kaolin have initiated talks to establish a fibre (composite) gas cylinder manufacturing plant in Ghana, as part of a broader plan to invest in the Petroleum Hub Development Project. The proposed factory, which would produce next-generation LPG cylinders with a lifespan of up to 20 years,...