Despite N2.15 trillion planned share sale in what bids fair to be Africa’s biggest share sale, Aliko Dangote’s beneficial ownership of Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) will stand at 84.34%, not the 65.8% suggested by his largest single shareholding vehicle. Nairametrics analysis of the company’s prospectus for the Initial Public Offering (IPO) dated...
Category: News
Post
Post
Ghana’s electricity generation continues to decline, recorded peak demand of 3968MW in July 2026 – PURC
Ghana’s electricity generation continued to decline, recording a 3.99% decrease on a month-on-month basis in July 2026, but increasing by 6.20% year-on-year, a Fact Sheet from the Public Utilities Regulatory Commission (PURC) has disclosed.This indicates sustained annual growth despite lower output in July as a result of seasonal changes in demand that is lower demand...
Post
Downstream Petroleum Industry Set for 2026 COMAC PETFUN Games
Ghana’s downstream petroleum industry is set to swap the boardroom for the playing field as companies across the sector converge at the Burma Camp Sports Complex for the 2026 Chamber of Oil Marketing Companies (COMAC) Petroleum FUN Games (PETFUN). The two-day sporting event is scheduled for September 11 and 12, 2026, with activities beginning at...
Post
Global oil prices hit $100 per barrel as Middle East conflict roils markets
New York — Global oil prices are back at $100 per barrel, rising to their highest levels since July as fighting in the Middle East raises concerns about prolonged disruptions to oil supply.Brent crude, the global oil benchmark, rose 2.3% early Wednesday to briefly trade at $100 per barrel for the first time since July,...
Post
Ghana Moves To Align Its Next Power System
Ghana’s power sector is taking another step towards a more coordinated electricity future as key state institutions review and validate the 2026 Integrated Power System Master Plan (IPSMP), a planning framework intended to guide decisions on generation, transmission, distribution and the use of domestic energy resources. The validation exercise, led by the Energy Commission’s Acting...
Post
Fix IPP pricing, not just ECG, PUWU tells IMF, World Bank
The Public Utilities Workers Union (PUWU) has challenged the IMF and World Bank to broaden their focus on Ghana’s energy crisis beyond reforms at the Electricity Company of Ghana (ECG). The union says the pricing structure of Independent Power Producers (IPPs) remains a major concern that must be addressed if Ghana is to achieve lasting...
Post
Gov’t to Power Public Universities With Solar Energy
By Staff Writer The government is set to expand the use of renewable energy in public universities as part of efforts to advance Ghana’s energy transition and reduce reliance on conventional sources of power. The Minister for Energy and Green Transition, Dr John Abdulai Jinapor, disclosed this when he engaged Vice Chancellors of public universities...
Post
ECG revenue is improving, so what has changed? – PUWU challenges World Bank
The Public Utilities Workers Union (PUWU) has challenged the World Bank’s approach to Ghana’s energy-sector challenges, questioning why the focus is not being placed on the key structural problems affecting the sector. Speaking on Joy FM’s PM Express on Tuesday, Deputy General Secretary of PUWU, Enoch Paul Hayes, said issues around power generation and the...
Post
Policy consistency needed to boost oil and gas sector – Deloitte Tax Partner
The Energy, Resources & Industrials Leader at Deloitte Ghana, Gideon Ayi-Owoo, has made a strong case for the government to ensure policy certainty within the energy sector.According to him, this will enable Ghana to attract long-term investment, support sustainable economic growth, and fully maximise its oil and gas potential. Addressing the media on the sidelines...
Post
GRIDCo Moves To Clear Power Corridors Nationwide
The Ghana Grid Company Limited (GRIDCo) has intensified efforts to remove unauthorised structures and activities from electricity transmission corridors, warning occupants to vacate protected areas before enforcement action begins. The campaign forms part of a broader Right-of-Way (RoW) management drive aimed at protecting high-voltage transmission infrastructure, improving access for maintenance teams and reducing the risk...