Stable Outlook but Risks to Public Finances Fitch Ratings expects that Ghana’s general government debt will continue to rise in 2021 and 2022 due to high pandemic-related spending and the realisation of energy sector liabilities. In our base case, we expect debt to plateau at about 75% of GDP from...
TOR: 3-member interim management committee sworn in after firing of MD and deputy
The Minister for Energy, Dr. Matthew Opoku Prempeh, has sworn into office a 3-member Interim Management Committee (IMC) to oversee the affairs of the Tema Oil Refinery as part of efforts to restructure and revamp the refinery. The Chairman of the 3-member IMC is Mr. Nobert Cormla-Djamposu Anku. The other...
Togbe Afede XIV seeks cooperation with the West African Power Pool Secretariat in Benin
Togbe Afede XIV and his investment partners – Shenzhen Energy Group sought audience with the Secretary General of the West Africa Power Pool to explore opportunities for cooperation in the development of the viable WAPP Priority Generation Projects. The Secretary General, Siengui Apollinaire, on behalf of the Secretariat expressed so...