No editorial checks on this article yet

This article is not approvedThe content of this article is not verified by the editorial team of Africanews.com. Read our editorial requirements to see the criteria we use to decide if we publish an article on the homepage of Africanews.

Moves to end Ghana’s energy crisis



  1. 16 May 2007, by Nana Kofi Acquah in Accra, Ghana. The government of Ghana has totally changed their strategic approach to the energy crisis in the face of the current worsening energy crisis. Initial name calling among the two competing political parties, the incumbent National Patriotic Party (NPP) and their rivals the National Democratic Congress (NDC) has finally given way to openly looking at the problem at stake and finding plausible ways of solving them.
     
    Ghana requires approximately $4.5 billion in the short to medium term to meet the infrastructure requirements for reliable and efficient production and supply of energy, according to the Minister for Energy, Mr. Kofi Adda. He asserts that ensuring constant supply of affordable energy is going to require the government to rehabilitate, expand and even introduce new energy production and supply infrastructure to meet current demands.
     
    He outlaid a five-year plan with the strategic goal of fixing difficulties within the sector particularly those bothering on infrastructural development, institutional reforms and regulatory lapses including inadequate pricing he says, "recent events have led to additions in the generation capacity whilst energy efficiency and conservation are being promoted nationwide...this also means strengthening the capacity of the energy sector institutions in planning, management and co-ordination of the sector."
     
    Mr. Adda said this at the launch of "Infrastructure for Growth - the Energy Challenge", an incoming two-day high-level Conference on Financing for Development, in Accra on Thursday. The conference is expected to bring together finance and energy ministers from across Africa, members of the donor community and some civil society groups, and is scheduled for May 30-31. The objective of the conference, among other things, is to further deepen dialogue on financing for development and affording participants the opportunity to take stock of the nature and extent of the energy situation in Africa, including an assessment of the current infrastructure and the financing gap.
     
    Several African countries face serious energy supply problems today because they cannot afford the capital investment needed to improve the sector..."access to sustainable and reliable energy still remains the major factor for social and economic growth, which leads to poverty reduction." However, African governments cannot solve the problems alone. He therefore, calls for "Independent Power Producers who have the capital to invest in the energy sector to make the sector more competitive, efficient and cost effective."
     
    Overlooking what problems the government might still be having over their joint partnership CMS Energy of USA, Mr. Addai pointed out that partnership with the private sector would lead to a sustainable development in urban and rural areas, adding, "whilst looking at the capitalization and investments in the energy sector, alternative sources such as solar, wind, biomass, biodiesel are being encouraged to diversify the energy supply mix."
     
    The Minister for Finance and Economic Planning, Mr. Kwadwo Baah-Wiredu, launching the event, pointed out that the energy crisis was all across Africa hence the need to work at national and international levels to find medium to long-term solutions.
    According to him, the NPP government recognizes the negative effect of the current power rationing on economic growth so they " will take advantage to explore further financial avenues to increase our generation capacity in the long term."
     
    Click here for the Nana Kofi Acquah Weblog
     



Latest News

  1. OPINION: Welcome to African Green Revolution24/05For the past century and a half, Africa has tried various agricultural approaches without much success.
  2. Egyptians vote in historic election23/05Egyptians began voting freely on Wednesday for the first time to pick their president in a wide open election that pits Islamists against men who serv…
  3. Africa Day 2012 - a moment for reflection and…22/0525th May is Africa Day. For many years it has been a celebration of African unity. It dates back to 1963 when the Organisation of African Unity (OAU) …
  4. South Africa's African agenda21/05The Deputy President of the Republic of South Africa, Kgalema Mothlanthe paid a rare visit to Ghana in April at the invitation of John Dramani Mahama …
  5. Women struggle to rinse hunger, poverty stains21/05Just looking at her one clearly appreciates that she is old and frail therefore in need of support for food, clothing and shelter to live comfortably …
  6. Climate Climate change affects migratory birds…21/05Changes in the climate globally have affected the movement of both migratory and resident species of birds, Nature Uganda has said.
  7. Ghana: Foreign retailers cited for currency…18/05The Ghana Union of Traders Association (GUTA) is attributing the sharp depreciation of the Ghana cedi against major currencies to the illegal activiti…
  8. Kenya: Community radio brings succour to…18/05Korogocho, a slum in northeastern Nairobi with 100,000 inhabitants, had many of the ingredients for a political explosion similar to those that rocked…
  9. Veld fires 'flame' Zimbabwe's…16/05Over the years, Zimbabwe has experienced the scourge of veld fires destroying property worth thousands of dollars.
  10. Liberia commends ECOWAS for support14/05The induction training of pioneer Economic Community of West African States (ECOWAS) Volunteers for Liberia kicked off in Monrovia, with the Deputy Mi…
  11. Vanishing Lake Chad puts 30m lives at risk14/05As you approach the Lake Chad basin from Maiduguri, in north-eastern Nigeria, the evidence of despair is telling.
  12. Heavy rains cause havoc in Kenya14/05Heavy Rainfall continued to wreak havoc across the country leading to the suspension of relief food in some parts of the country as most roads in Turk…
  13. Zimbabwe: Growth points lie dormant14/05The Zimbabwean government mooted the concept of growth points in the 1980s as a means of decongesting cities and towns.
  14. Sierra Leone improves in infant mortality11/05Sierra Leone has improved in infant mortality cases according to Save the Children- World Motherhood index 2012 report. The West Africa country descri…
  15. Zimbabwe: Resettled farmers fail to utilize…10/05Resettled farmers in Zimbabwe are failing to utilize land due to inadequate farming inputs and lack of resources.
News archive