12 h. ago We are confident of dealing with financial challenges in the energy sector – John Jinapor

The Minister for Energy and Green Transition, John Abdulai Jinapor, has assured Ghanaians that the government remains confident in addressing the financial challenges confronting the energy sector.

Economics

22 h. ago Private sector key to averting energy sector collapse – John Jinapor

Energy Minister John Jinapor has warned that Ghana’s energy sector is on the brink of collapse if urgent measures, including private sector participation, are not implemented to address its financial challenges.

Politics

23 h. ago Outstanding liabilities about GH₵80 billion – Energy Minister reveals

Energy Minister John Jinapor has revealed that Ghana’s energy sector is grappling with outstanding liabilities of approximately GH₵80 billion, with the debt

Politics

24 h. ago Ghana’s Eurobonds drop as energy debt is projected to hit $9bn by 2027

Ghana’s Eurobonds fell sharply on Tuesday, 4th March 2025 ranking among the worst-performing assets in emerging markets.

Economics

55 h. ago Stratcon Energy & Trading LTD appoints Arnaud Hiamabe as new Head of Operations

Ghanaian-owned oil and gas supplier Stratcon Energy & Trading LTD (Stratcon) has announced the appointment of Arnaud Hiamabe as its new Head of Operations. The leadership change according to the company comes at a critical time, aligning with its commitment to bolstering  operational capacity and expanding its footprint in Ghana and across West Africa. The […]

Politics

4 d. ago Controversial Picks for Ayawaso East Leadership Spark Outcry Over Vetting Process

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/controversial-picks-for-ayawaso-east-leadership-spark-outcry-over-vetting-process/The Greater Accra Regional Vetting Committee of the National Democratic Congress (NDC) faces mounting backlash after endorsing two contentious candidates for the Municipal Chief Executive (MMDCE) position in Ayawaso East, igniting fierce debates over transparency and ethical standards in the selection process. At the center of the storm is Ismail Horoya Ali, whose 2016 arrest […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/controversial-picks-for-ayawaso-east-leadership-spark-outcry-over-vetting-process/

Politics

4 d. ago Toward an Energy Hub: Ghana Commits to Accelerated Investment Drive

A recent meeting in London between Ghana’s Ministry of Energy and Green Transition and the African Energy Chamber highlighted the country’s commitment to attracting new investment across its energy sector and positioning itself as West Africa’s premier energy hub.

Events

5 d. ago Ghana’s Energy Debt Crisis Ignites Debate Over Privatization and Market Reforms

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-energy-debt-crisis-ignites-debate-over-privatization-and-market-reforms/Ghana’s energy sector is teetering under a $3 billion debt burden, Energy Minister John Abdulai Jinapor revealed during his parliamentary vetting this week, sparking urgent calls for privatization and structural reforms to prevent systemic collapse. The staggering figure, compounded by $1.2 billion owed to independent power producers (IPPs), has exposed deep flaws in a state-dominated […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-energy-debt-crisis-ignites-debate-over-privatization-and-market-reforms/

Economics

5 d. ago Can Ghana’s Economic Dialogue Pave the Path to Prosperity? Six Critical Themes Under the Microscope

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/can-ghanas-economic-dialogue-pave-the-path-to-prosperity-six-critical-themes-under-the-microscope/As Ghana prepares for its National Economic Dialogue this week, the nation’s attention turns to whether this high-stakes forum can chart a credible course out of its protracted economic crisis. With inflation hovering near 25%, public debt surpassing 80% of GDP, and a cedi that has lost over 20% of its value against the dollar […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/can-ghanas-economic-dialogue-pave-the-path-to-prosperity-six-critical-themes-under-the-microscope/

Politics

5 d. ago Ghana’s debt situation frightening, Foreign Ministry arrears alone is GH₵453m – Ablakwa

inister for Foreign Affairs, Samuel Okudzeto Ablakwa, has raised serious concerns about Ghana’s escalating debt crisis and its impact on the country's foreign ministry and international obligations.

Politics

5 d. ago Policy Reversal Ignites Debate Over Ghana’s Oil Sector Strategy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/policy-reversal-ignites-debate-over-ghanas-oil-sector-strategy/A controversial government order mandating the merger of Italian energy giant ENI’s Sankofa field with Ghanaian firm Springfield’s Afina oil block has been scrapped, reigniting discussions about Ghana’s approach to fostering local participation in its oil and gas sector. The decision, hailed by policy analyst Bright Simons as a “necessary corrective,” has exposed deep divisions […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/policy-reversal-ignites-debate-over-ghanas-oil-sector-strategy/

Events

5 d. ago Former Energy Minister Demands Apology Over “False” Directive Claims

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/former-energy-minister-demands-apology-over-false-directive-claims/Dr. Matthew Opoku Prempeh, Ghana’s former Energy Minister, has demanded an immediate retraction and apology from Bright Simons, Vice President of policy think tank IMANI Africa, over what he calls “factually inaccurate” claims linking him to a controversial 2020 oil unitisation directive. The dispute stems from a social media post by Simons, later amplified by […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/former-energy-minister-demands-apology-over-false-directive-claims/

Politics

5 d. ago Ghana’s Stalled Projects Pile Up GH₵15 Billion in Overruns as Debt Crisis Deepens

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-stalled-projects-pile-up-gh%e2%82%b515-billion-in-overruns-as-debt-crisis-deepens/President John Mahama has laid bare the staggering financial toll of Ghana’s stalled infrastructure projects, revealing a GH₵15 billion cost overrun on 55 delayed initiatives amid a historic public debt crisis. In his first State of the Nation Address since returning to office, Mahama warned that debt defaults and restructuring failures have left the country […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-stalled-projects-pile-up-gh%e2%82%b515-billion-in-overruns-as-debt-crisis-deepens/

Economics

5 d. ago Dangote’s “Monster” Refinery Promises Energy Revolution Amid Brutal Challenges

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/dangotes-monster-refinery-promises-energy-revolution-amid-brutal-challenges/Nigerian billionaire Aliko Dangote has laid bare the staggering challenges behind constructing Africa’s largest oil refinery, a $19 billion megaproject poised to reshape Nigeria’s economy and reduce its decades-long dependency on imported fuel. The refinery, inaugurated in Lagos after years of delays, stands as a towering symbol of ambition—and endurance—with the capacity to process 650,000 […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/dangotes-monster-refinery-promises-energy-revolution-amid-brutal-challenges/

Politics

5 d. ago Ghana’s Energy Sector Buckles Under Debt as Mahama Rolls Out Rescue Plan

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-energy-sector-buckles-under-debt-as-mahama-rolls-out-rescue-plan/Ghana’s energy sector, saddled with a crippling GHS 70 billion debt, faces renewed turmoil as unpaid bills to power producers and deferred infrastructure maintenance threaten a return to the erratic blackouts known locally as dumsor. President John Mahama, acknowledging the “inherited crisis,” has launched a sweeping reform agenda to stabilize the sector, even as doubts linger […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-energy-sector-buckles-under-debt-as-mahama-rolls-out-rescue-plan/

Politics

5 d. ago Eni applauds Energy Ministry’s decision to withdraw Sankofa oil field unitisation directives

Eni, a global leader in the energy sector, has welcomed the decision by Ghana’s Ministry of Energy and Green Transition to withdraw the Unitisation Directives issued in 2020 concerning the Sankofa oil field.

Politics

5 d. ago Eni applauds Energy Ministry’s decision to withdraw Sankofa oil field unitisation directives, commits to boost investments

Eni, a global leader in the energy sector, has welcomed the decision by Ghana’s Ministry of Energy and Green Transition to withdraw the Unitisation Directives issued in 2020 concerning the Sankofa oil field.

Politics

5 d. ago Ghana’s Debt Crisis Deepens as Mahama Warns of “Broken” Economy

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-debt-crisis-deepens-as-mahama-warns-of-broken-economy/President John Mahama delivered a stark appraisal of Ghana’s economic turmoil during his first State of the Nation Address (SONA) of his second term on February 27, 2025, declaring the country “broken on many fronts” due to unsustainable debt levels and systemic mismanagement. Speaking to Parliament, Mahama revealed that Ghana’s public debt has ballooned to […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/ghanas-debt-crisis-deepens-as-mahama-warns-of-broken-economy/

Events

6 d. ago Assessing economy’s performance based on debts is intellectual dishonesty – Amin tells Mahama

The former Finance Minister, Mohammed Amin Adam has dismissed claims by President John Mahama that the Akufo-Addo administration left behind a massive debt, plunging the country into crisis.

Politics

6 d. ago Mahama Pledges Economic Reset as Ghana Grapples with Record Debt, Inflation

News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/mahama-pledges-economic-reset-as-ghana-grapples-with-record-debt-inflation/President John Mahama confronted Ghana’s dire fiscal realities head-on during his first State of the Nation Address (SONA) since reclaiming office, admitting the economy is “in crisis” but vowing aggressive reforms to stabilize it. With public debt soaring to GHȼ721 billion (approximately $60 billion) and inflation eroding purchasing power, Mahama outlined a recovery plan anchored […] News Ghana, Latest Updates and Breaking News of Ghana, News Ghana, https://newsghana.com.gh/mahama-pledges-economic-reset-as-ghana-grapples-with-record-debt-inflation/

Economics