Electricity Sector Outlook Access to affordable, reliable, and sustainable electricity is vital for driving growth in Liberia’s key sectors—agriculture, services, and mining—by creating jobs and attracting investment. Achieving universal access and a successful energy transition requires strong electricity utilities.
Category: Electricity
Africa’s Energy Crisis Rooted in Leadership Failures, Not Poverty – Experts
The Africa Sustainable Energy Dialogue, the flagship event of the Africa Sustainable Energy Centre (ASEC), convened on May 16 to examine the root causes of Africa’s persistent energy access challenges.
Kofa Closes $8.1 Million Pre-Series A Round to Expand Energy Access in Urban Africa
Accra, Ghana//- Kofa, a leading technology-driven energy company and end-to-end ecosystem enabler, has closed an $8.1 million pre-Series A funding round.
Ghana: PURC Announces Increments of Electricity Tariffs By 14.75%, water by 4.02%
Ghana’s Public Utilities Regulatory Commission (PURC) has announced an upward adjustment in the average end-user tariff for electricity by 14.75%, and a 4.02% increase in water tariffs across the board for all categories of consumers.
Ghana: Minister Exposes Massive GH¢7.3bn Procurement Breaches at ECG in 2023
Energy Minister John Jinapor has revealed shocking financial mismanagement at the Electricity Company of Ghana (ECG), exposing a pattern of massive overspending that has drained the company’s resources.
Ghana: Over 1,300 ECG Containers Missing at Tema Port – Investigative Report
An investigative report on the Electricity Company of Ghana (ECG) has revealed that more than 1,300 containers, which were supposed to be cleared at the Tema Port, cannot be accounted for.
‘Consumers Cannot be Forced to Pay Higher Tariffs to Cover ECG’s Inefficiencies’
Accra, Ghana//-The electricity distribution company, Electricity Company of Ghana (ECG), is at the centre of a financial crisis, draining billions from the national budget while struggling with inefficiencies and revenue losses.
Fire Outbreak at NEDCo in Tamale Destroys Transformers, Other Equipment
Tamale, Northern Region, Ghana//-A fire outbreak at the Northern Electricity Distribution Company (NEDCo) in Tamale has caused significant damage to transformers, insulators, and other essential equipment.
Fund Launches $5B Mission 300 Local Currency Guarantee Facility to Accelerate Energy Access Across Africa
DAR ES SALAAM, Tanzania, January 29, 2025/ — The African Guarantee Fund (AGF) (www.AfricanGuaranteeFund.com) today announced the launch of its Mission 300 Local Currency Guarantee Facility, a groundbreaking initiative to mobilize $5 billion to support energy access projects across Africa.
Heads of State Commit to Concrete Plans to Transform Africa’s Energy Sector, with Strong Backing from Global Partners
DAR ES SALAAM, Tanzania//—Thirty African Heads of State and government today committed to concrete reforms and actions to expand access to reliable, affordable, and sustainable electricity, which will power economic growth, improve quality of life, and drive job creation across the continent.