Ghana’s energy sector faces a financial crisis that threatens its long-term sustainability, efficiency, and ability to drive economic growth. While oil and gas thermal plants have traditionally been a cornerstone of Ghana’s electricity generation, its heavy reliance on imported fuels exposes the country to price volatility, supply chain disruptions, and mounting financial strain.
Read MoreAs China prepares to peak its carbon emission before 2030 and achieve carbon neutrality before 2060 as recently announced by President Xi Jinping and Germany readies its participation in Europe’s plans to become climate neutral by 2050 via $572 billion in stimulus funds, the question of how best to foot the bill to promote new ambitious government targets for renewable energy will be back front and center.
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