Energy

In 2018 Ghana overtook South Africa to become the top gold producer in Africa. According to the Ghana Chamber of Mines, total production increased by 11.9% in 2018, from 4.3m oz in 2017 to some 4.8m oz, with gains in output expected to continue beyond 2019. Global credit ratings agency Fitch also ranked Ghana’s mining sector first in Africa –...

Rising commodity prices and the promise of vast untapped reserves have led to increased interest in Ghana’s mining sector. As production continues along an upward trajectory, government policy aims to leverage the country’s mineral wealth by building up its refining capacity, introducing new legal frameworks, and attracting private sector...

Ghana has one of the highest electrification rates in sub-Saharan Africa, with more than 70% of rural areas and 95% of urban dwellers having access to electricity. A recent drive to develop the country’s electricity infrastructure has brought to an end a period of unstable supply and raised installed generation capacity to 4780 MW as of the...

The duel aims of reducing greenhouse gas emissions and providing greater access to energy for underserved regions of the world are proving to be a complex challenge in need of innovative solutions and major investment. Repeated warnings from scientists regarding the economic and environmental consequences of unabated carbon emissions have seen...

Ghana’s recent competitive bidding round for offshore oil blocks garnered considerable foreign interest. Applications from global players, such Italy’s Eni, helped to boost investor confidence in the domestic oil and gas industry. However, an increasing foreign presence runs counter to a competing ambition: Ghana has long worked to boost local...