International oil and gas prices dropped dramatically in early 2020 when countries around the world, including Ghana, enacted measures to curb the spread of Covid-19. Rising oil prices continued into early 2022, engendered in part by geopolitical tensions involving some of the world’s largest producers. The turbulent context poses challenges for Ghana’s hydrocarbons sector, which is still in...
Africa Energy
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Chapter | Energy & Utilities from The Report: Ghana 2022
As Africa’s largest gold miner and the world’s second-largest cocoa producer, Ghana has witnessed steady growth in recent years. While the country was impacted by the Covid-19 pandemic, it navigated the crisis better than many of its income-level peers, in large part thanks to measures aimed at boosting public revenue. Ghana aims to improve its fiscal deficit in 2022 to 7.4% of GDP.
Economic update | How will an increase in polysilicon production affect the cost of solar power?
23 Feb 2022
As the prices of solar power inputs reach 10-year highs, Indonesia is looking to boost solar panel manufacturing.
Articles & Analysis | Nigeria’s energy sector pivots to refining and natural gas from The Report: Nigeria 2022
Nigeria is Africa’s top oil producer and possesses the largest proven gas reserves on the continent, making it a key player in the global energy market. However, despite its wealth of resources, the country is unable to meet domestic demand and has one of the lowest net electricity generation rates per capita in the world. The nationwide...
Interviews & Viewpoints | Mele Kolo Kyari, Group Managing Director, Nigerian National Petroleum Corporation (NNPC): Interview from The Report: Nigeria 2022
Articles & Analysis | How the pandemic intensified the shift towards renewables from The Report: Nigeria 2022
The year 2020 was a dramatic one for the global energy sector, with the Covid-19 pandemic slashing demand for hydrocarbons and upending market norms. Seeing that investment in oil took a hit while renewable energy remained resilient, some stakeholders expect the pandemic to result in a permanent realignment of the international energy market...