Nigeria, Africa’s biggest economy, is leaning on renewable energy and digital innovation to accelerate economic inclusion, drive rural transformation, and prepare its workforce for the future. Director-General of the National Information Technology Development Agency, Kashifu Inuwa, said at the World Bank and IMF annual meetings in Washington that clean energy is a fundamental enabler of...
Category: News
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Climate risks expose West African insurers to $50bn yearly losses
A 2019 publication by the World Economic Forum listed Lagos State as one of the 11 low-lying cities that may disappear by 2100 without creative solutions to combat rising tides. The publication, which listed Lagos, Nigeria, at number two, said the city’s eroding coastline is being caused by rising seas driven by global warming. Other...
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Ghana’s Current Crude Output Far Below Projected 500,000 bpd – Dr Theo Acheampong
Ghana, according to Petroleum Economist and Political Risk Analyst, Dr Theo Acheampong, should by now be producing at least 500,000 barrels of crude oil per day (bpd) — a target set in the early years of the country’s oil exploration. However, the current daily production level of about 125,000 barrels per day falls significantly short...
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Ghana Saves $300 Million from Renegotiated IPP Deals – Energy Minister
Government’s ongoing renegotiations with Independent Power Producers (IPPs) have resulted in savings of approximately $300 million, according to the Minister for Energy and Green Transition, John Abdulai Jinapor The Minister made this revelation during a working visit to the Volta River Authority (VRA) in Accra on Friday, October 17, as part of his sector-wide engagement...
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Energy Minister Reaffirms TOR’s Strategic Role in Ghana’s Energy Security and Industrial Growth
The Minister for Energy and Green Transition, John Jinapor, has reaffirmed the strategic importance of the Tema Oil Refinery (TOR) to Ghana’s energy security and industrial development during a working visit to the refinery and the Ghana Grid Company (GRIDCo). The visit forms part of the Minister’s ongoing mandate to assess and support the performance...
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Restoration of Power Supply on Aboadze–Tarkwa Transmission Line
The Ministry of Energy and Green Transition is pleased to announce that the damage to the 161kV Aboadze–Tarkwa transmission line has been successfully repaired. Power has been fully restored to all affected areas as of 13:22 hours today. We wish to thank the public, particularly residents and businesses in the Western and Ashanti Regions, especially...
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Platts to launch new freight assessments for Guyana-Europe oil shipments
Platts, part of S&P Global Commodity Insights, has announced plans to introduce new Suezmax 130,000-mt dirty tanker freight assessments for crude oil shipments from Guyana to Europe, effective December 1.The new assessments will cover two routes: Guyana to the United Kingdom and Guyana to the Mediterranean, reflecting what Platts described as the “growing crude trade...
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Energy Minister Commends NPA CEO, Urges Staff Support for Sector Reforms
The Minister for Energy and Green Transition, John Abdulai Jinapor, has called on staff of the National Petroleum Authority (NPA) to rally behind their Chief Executive Officer, Mr. Godwin Edudzi Tameklo, describing him as a dynamic and visionary leader driving transformation within Ghana’s petroleum downstream sector. During a working visit to the Authority on Wednesday,...
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Energy Minister Applauds BOSTEnergies for Renewed Dynamism and Strategic Focus
The Minister of Energy and Green Transition, John Abdulai Jinapor, has commended the leadership of BOSTEnergies (formerly the Bulk Oil Storage and Transportation Company Limited – BOST) for its renewed sense of purpose, operational efficiency, and forward-looking strategic direction. Speaking during a working visit to the company’s headquarters, the minister said he was impressed by...
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Ethiopia Approves Nuclear Energy Commission
Ethiopia’s Council of Ministers approved a regulation on Tuesday establishing the Ethiopian Nuclear Energy Commission, advancing plans to add nuclear power to its energy mix. The new body will oversee efforts to develop and regulate the use of nuclear technology for peaceful purposes, including electricity generation, industrial applications, healthcare, and agriculture, the Prime Minister’s Office...