Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies...
The expansion of the oil and gas sector adds momentum to a trend that has seen Ghana move from traditional forms of energy, such as firewood and charcoal, towards energy provided by the national grid. The share of biomass in Ghana’s energy mix declined from 52% of total primary energy supply in 2009 to 37% in 2016. Conversely, Ghana’s grid-...
The main benefit of a domestic refining industry is that value is maintained in country, reducing the need to import expensive refined products from elsewhere. This benefit is particularly pronounced with complex refineries, which produce high-value products, such as petrol, and middle distillates, such as home heating oil for the domestic...
Ghana is one of the world’s top-10 gold producers and the second largest in Africa. As such, the mining industry is a major economic driving force: it is the biggest single contributor to government revenues and a leading source of export earnings.
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