The full deregulation of the petroleum downstream sector has ended the litany of heated political debates on fuel pricing and subsidies on the airwaves, newspapers and on the social media.
Category: Energy
Vivo Energy, Orange in Landmark Pan-African Partnership
Vivo Energy, the Shell licensee in 16 African markets including Ghana has entered into a landmark pan-African partnership with Orange, one of the world’s leading telecommunications operators.
Security Analyst Advises India, West Africa on Terrorism
A security Analyst at the Kofi Annan International Peacekeeping Training Centre (KAIPTC), Dr Kwesi Aning has advised the governments of India and West Africa to exchange information on the activities of terrorist threats to enable them deal with the scourge in the sub-region.
Charcoal Business Booms As LPG Price Soars
Charcoal sellers and producers are cashing in on the soaring Liquefied Petroleum Gas (LPG) price. The LPG currently shot up from GH¢58 to GH¢65 per 14.5 kilogram on the Ghanaian market.
Oxford Business Group Unveils 2017 Report on Ghana
A new report on Ghana produced by the global publishing, research and consultancy firm Oxford Business Group (OBG) indicated that country’s has been a challenging year marked by fluctuating commodity prices, depreciating currency and electricity shortages.
New Investors Join Scatec Solar to Develop 100 MW Solar Project in Nigeria
Scatec Solar has signed a Joint Development Agreement (JDA) with Africa50, an African Infrastructure Fund sponsored by the African Development Bank and more than 20 African States and Norfund (the Norwegian Investment Fund for Development Countries), securing investment into the 100 MW (DC) Nova Scotia Power plant located in Dutse in the Northern Nigerian state of […]
IFC, MIGA Support Sankofa Gas Project to Help Ghana Shift Power Generation
IFC and MIGA, members of the World Bank Group, today announced the commitment of $517 million in debt and guarantees to support Ghana’s Sankofa Gas Project, an integrated offshore oil and natural gas project that will provide a source of reliable, affordable energy in the West African country.
Amandi Energy Achieves Financial Close of $552 Million for Ghana’s Power Project
Amandi Energy Limited (Amandi Energy) today announced that it has reached financial close and begun construction of the $552 million Amandi Energy Power Plant (Amandi Project), a 200 megawatt (MW) combined cycle, dual-fuel power project in Aboadze, Ghana.
East Africa: Political Flux Threatens Stability of Business Environment
Macro-economic instability fueled by low oil prices and global economic sentiment will continue to be the main driver of business risks across East Africa in 2017.
West Africa: No Smooth Sailing in the “New Normal”
Macro-economic instability fueled by low oil prices and global economic sentiment will continue to be the main driver of business risks across West Africa in 2017.