Home » News » Page 103

Category: News

Post
Namibia could achieve energy self-sufficiency by 2035

Namibia could achieve energy self-sufficiency by 2035

Namibia has the potential to meet all its electricity needs from local sources by 2035, but only if energy development is properly planned and supported by policy reform, a parliamentary committee has heard.Jean Basson, from the Renewable Energy Industry Association of Namibia (REIAoN), told MPs that Namibia’s current electricity demand of 600 to 700 megawatts...

Post
PURC Resolves 98% of Complaints in First Half of 2025, Facilitates Over GH¢4m Recovery for ECG

PURC Resolves 98% of Complaints in First Half of 2025, Facilitates Over GH¢4m Recovery for ECG

The Public Utilities Regulatory Commission (PURC) has helped the Electricity Company of Ghana (ECG) recover more than GH¢4.29 million through its complaint resolution processes in the first half of 2025. According to the Commission’s latest data, a total of 700 complaints were lodged in the Greater Accra Region between January and June, with 689 cases...

Post
Energy Sector Accounts for 86% of GHS 18.4bn Public Financial Irregularities – Auditor-General’s Report

Energy Sector Accounts for 86% of GHS 18.4bn Public Financial Irregularities – Auditor-General’s Report

The energy sector has come under intense scrutiny following the release of the 2024 Auditor-General’s Report, which reveals that state institutions within the Ministry of Energy were responsible for GH¢15.8 billion out of the total GH¢18.4 billion in financial irregularities recorded across the public sector representing 86% of the total. The report highlights a sharp...

Post
CSO Budget Forum Urges Time Limit on New GHS 1 Fuel Levy

CSO Budget Forum Urges Time Limit on New GHS 1 Fuel Levy

Civil society actors are calling on the government to include a time-bound provision in the proposed Energy Sector Levy (Amendment) Bill, 2025, which seeks to introduce a GHS 1 charge on every litre of fuel purchased at the pump. At a recent Civil Society Organisations (CSO) Budget Forum ahead of the 2025 Mid-Year Budget Review,...

Post
BP appoints new chair to oversee shift back to fossil fuels

BP appoints new chair to oversee shift back to fossil fuels

Albert Manifold, ex-boss at buildings material company CRH, to take over from embattled Helge Lund BP has appointed a successor to its embattled chair, Helge Lund, as the company breaks from its net zero strategy and pivots back to fossil fuels. Albert Manifold, the former boss of the building material company CRH, will join the BP...

Post
New Study Warns the World is Running out of Time to Avoid the Worst Impacts of Climate Change

New Study Warns the World is Running out of Time to Avoid the Worst Impacts of Climate Change

Bad climate news is everywhere. Africa is being hit particularly hard by climate change and extreme weather, impacting lives and livelihoods. We are living in a world that is warming at the fastest rate since records began. Yet, governments have been slow to act. The annual global climate change conference of the parties (COP30) is...

Post
Dangote Refinery Set to Overtake World’s Sixth Largest Refinery After Expansion to 700,000 Bpd

Dangote Refinery Set to Overtake World’s Sixth Largest Refinery After Expansion to 700,000 Bpd

Dangote Refinery Set to Overtake World’s Sixth Largest Refinery After Expansion to 700,000 Bpd The $20 billion Dangote Petroleum Refinery in Lagos, Africa’s largest single-train oil refinery, is undergoing a strategic upgrade to expand its production capacity from 650,000 barrels per day (bpd) to 700,000 bpd by the end of 2025. This development marks a...

Post
*Energy Ministry Engages IPPs in $1.7 Billion Debt Renegotiation *

*Energy Ministry Engages IPPs in $1.7 Billion Debt Renegotiation *

The Ministry of Energy and Green Transition has begun negotiations with Independent Power Producers (IPPs) to restructure $1.7 billion in outstanding payments, as part of efforts to ease Ghana’s energy sector debt burden, currently pegged at \$3.1 billion. Energy Minister John Abdulai Jinapor disclosed the ongoing engagements during a High-Level Dialogue themed “Addressing Ghana’s Energy...

Post
Dr. Ishmael Ackah: Generation Inefficiencies Deepen Ghana’s Energy Sector Debt Crisis

Dr. Ishmael Ackah: Generation Inefficiencies Deepen Ghana’s Energy Sector Debt Crisis

Dr. Ishmael Ackah, Advisor to the Minister for Energy and Green Transition, has sounded the alarm over persistent inefficiencies in Ghana’s power generation segment, describing it as the leading cause of the country’s growing energy sector debt. Speaking during a high-level stakeholder dialogue on “Addressing Ghana’s Energy Sector Challenges for Economic Transformation,” Dr. Ackah stressed...

Post
AfDB and SEFA Provide $40 Million Investment in Equity Platform Zafiri to Accelerate Renewable Energy Access Across Africa

AfDB and SEFA Provide $40 Million Investment in Equity Platform Zafiri to Accelerate Renewable Energy Access Across Africa

access across the continent. Project Zafiri will address the lack of longer-term equity that is constraining the growth of the DRE sector in Africa, Daniel Schroth, Director for Renewable Energy and Energy Efficiency, said, adding that by anchoring the junior equity tranche, SEFA is helping to crowd in private investment at scale. Zafiri aligns with...