A delegation from oil major, Shell led by Eugene Okpere, Shell’s Executive Vice President for Exploration Strategy, Portfolio, Integrated Gas, and Upstream, has met with President Netumbo Nandi-Ndaitwah to discuss the company’s ongoing activities and future plans in Namibia’s oil exploration sector. During the meeting, the President expressed appreciation for Shell’s investment in Namibia and...
Category: Energy
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Just 22% of Ghanaian Households Used Clean Fuels in 2022 – ISSER Report
A recent report by the Institute for Statistical, Social, and Economic Research (ISSER) reveals that only 22% of households in Ghana relied on clean fuels in 2022, despite the existence of national policies aimed at promoting cleaner energy alternatives. The report also highlighted stark disparities in clean fuel use based on wealth. While 18.5% of...
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We Are Not Selling ECG—We’re Just Involving the Private Sector, Jinapor Clarifies
The Minister for Energy and Green Transition, John Abdulai Jinapor, has clarified the government’s stance regarding the Electricity Company of Ghana (ECG), amid rising concerns from civil society organizations (CSOs) and the general public. Addressing the Government Accountability Series on Wednesday, July 16, 2025, Jinapor emphasized that cabinet has approved private sector participation in ECG’s...
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Energy Minister Applauds PHDC for Strong Investment Drive
The Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, has commended the leadership of the Petroleum Hub Development Corporation (PHDC) for their unwavering commitment to driving investment in Ghana’s energy sector. In a remark during the Ministry’s Accountability Series on Wednesday, July 16, 2025, Hon. Jinapor praised Dr. Toni Aubynn and his team...
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Ghana Implements Energy Debt Levy, Fuel Prices Surge to GH¢12.59 per Litre
Accra, Ghana – July 16, 2025 – Fuel prices across Ghana have surged following the official implementation of a new GH¢1 energy sector levy, commonly referred to as the “D-Levy”, aimed at addressing the country’s ballooning energy sector debt. The levy, which took effect today, is being enforced under the Energy Sector Levies (Amendment) Act...
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Mahama Cancels Fuel Allowances for Political Appointees Under Reset Agenda to Rein in Public Spending
In a significant move to curb government expenditure, President John Dramani Mahama has ordered the immediate suspension of fuel allowances and fuel allocations to all political appointees. The decision, announced on Tuesday, July 15, 2025, underscores the administration’s commitment to fiscal prudence and energy resource efficiency. A statement released by the Minister for Government Communications...
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Ghana’s Energy Ministry Ties Future of GH₵1 Fuel Levy to Sector Performance
The Ministry of Energy and Green Transition has clarified that the continuation or cancellation of the controversial GH₵1 fuel levy will depend on the evolving needs and performance of Ghana’s energy sector. Speaking on Joy FM’s Super Morning Show on Monday, July 14, Richmond Rockson, Head of Communications at the Ministry, said the levy was...
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Malawi Secures $2.15 Million Boost for Power Interconnection With Tanzania
Malawi has received a significant boost in its quest to end persistent electricity blackouts, following the approval of a USD 2.15 million (approximately MWK 3.6 billion) grant for the Tanzania-Malawi (TAMA) Electricity Interconnector Project. The funding, approved by the Multilateral Cooperation Centre for Development Finance (MCDF), will be used to update the feasibility and Environmental...
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Sahara Energy Secures $225m Loan to Drive Global Expansion, Sustainability.14 July 2025(Abuja)
Sahara Energy Resource Limited has announced the successful closing of a USD 225 million unsecured, committed Revolving Credit Facility (RCF). The facility was significantly oversubscribed, underscoring the confidence of the international financial community in Sahara’s business model, performance, and strategic vision of bringing energy to life responsibly. The new facility is supported by a syndicate...
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Forex stability offers relief to fuel sector – CBOD
By Joshua Worlasi AMLANU The country’s fuel import sector is seeing signs of stability following a significant improvement in foreign exchange (FX) supply and operational reforms, with Bulk Oil Distribution Companies (BDCs) reporting over US$1 billion in FX inflows in the first half of 2025 alone. The recent forex support stems from closer coordination between...