Lagos — In 2024, Africa flared nearly 40 billion cubic metres (BCM) of gas, with Nigeria, Algeria and Libya as the largest contributors. This volume represents more than 25% of global flaring and is nearly the equivalent of Africa’s entire annual gas consumption. This data, from the World Bank’s Global Gas Flaring Tracker 2024, also...
Category: Power
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Cash Waterfall Mechanism boosts ECG revenue by almost 90% – Finance Minister
The Minister of Finance has disclosed that the monthly revenue collection at the nation’s power distributor, the Electricity Company of Ghana (ECG), has increased by about 90% in the first year of the John Dramani Mahama administration. Speaking on the floor of Parliament on Thursday, November 13, 2025, during the presentation of the 2026 Budget...
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Ghana Avoids Return to Dumsor After $252m Deal With IPPs – Finance Minister
Finance Minister Dr. Cassiel Ato Forson has revealed that Ghana narrowly avoided a relapse into nationwide power outages after government secured a renegotiated agreement with Independent Power Producers (IPPs), resulting in savings of $252 millionSpeaking on Joy News’ PM Express shortly after presenting the 2026 Budget, Dr. Forson said the administration inherited a tense standoff...
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Government rolls out nationwide street lighting project to power 24-hour economySource: GNA
The government, under the leadership of the Ministry of Energy and Green Transition, has begun the nationwide rehabilitation and installation of modern, energy-efficient streetlights to enhance public safety. It is to boost nighttime economic activities and drive Ghana’s transition toward a greener, more productive 24-hour economy. The project, in partnership with the Greater Accra Regional...
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Energy Minister explains to Parliament causes of intermittent Power Outages in Asante Akim
The Minister for Energy and Green Transition Hon. John Abdulai Jinapor has appeared before Parliament to explain the recent intermittent power outages in Asante Akim.According to the Minister the Juansa feeder serves Asante Akim North under the Electricity Corporation of Ghana (ECG) Konongo District which originates from the Konongo Primary substation. He added that the...
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Clean your house before raising tariffs — Abena Osei-Asare to ECG
Chairperson of Parliament’s Public Accounts Committee (PAC), Abena Osei-Asare, has urged the Electricity Company of Ghana (ECG) to address issues of financial mismanagement before making any further requests for tariff adjustments. Her comments follow deliberations at a PAC sitting that highlighted major discrepancies in ECG’s expenditure, as captured in the 2024 Auditor-General’s Report. The report...
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WAPP 330kV North Core Interconnection Project hits 70% completion
ort Harcourt — The 330kV North Core Interconnection Project, a flagship regional electricity initiative connecting Nigeria, Niger, Benin/Togo, and Burkina Faso under the West African Power Pool, WAPP, has reached 70 percent completion, with stakeholders expressing renewed determination to fast-track its delivery despite security and logistical challenges. This was disclosed at the 6th Joint Technical...
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IMF’s Ghana Rep. Describes IPPs Debt Restructuring as Crucial Reset for Energy Sector
The International Monetary Fund (IMF) has described Ghana’s renegotiation of legacy arrears owed to Independent Power Producers (IPPs) as a major turning point for the country’s energy sector, signalling renewed investor confidence and improved financial discipline. For years, Ghana’s power sector had been burdened by more than US$2.5 billion in arrears to IPPs, a situation...
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Ghana to Spend GHS 30bn Over Medium-term to Subsidise Power – ACEP’s Benjamin Boakye
Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye, has raised concerns over the country’s ballooning energy subsidies, warning that Ghana’s current management of the power sector is unsustainable and draining resources needed for social and infrastructural development. Speaking during a panel discussion on the theme “Financing the Future: Tackling Legacy Debts...
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ECG blows GH¢189m beyond budget without approval – PAC fumes
The Electricity Company of Ghana (ECG) has come under intense scrutiny after revelations of massive budget overruns at Parliament’s Public Accounts Committee (PAC). The utility company’s Chief Executive and his team were grilled over unapproved spending amounting to GH¢189.2 million. Citing details from the 2024 Auditor-General’s Report, Ranking Member Samuel Atta Mills delivered a blistering...