GhanaReview International - The Leading Ghanaian News Agency
London New York Accra
GRi Business
Sunday 05 May 2024

2021-03-19

[B] ARB Apex Bank admitted to Ghana-Sweden Chamber of Commerce

2021-03-17

[B] NDPC holds consultation medium term framework for 2022-2025 in Oti
[B] More investments recorded in Western Region despite COVID-19
[B] Budget cuts for legislature, judiciary won’t be entertained – Speaker

2021-03-16

[B] Pursue demands through negotiation, arbitration – Telcos told
[B] Don’t approve new fuel levies – COPEC to MPs
[B] There’s no justification for newly proposed petroleum taxes – Wereko-Brobby

2021-03-15

[B] Ghana prepares to issue $5 billion Eurobond
[B] There’ll be ‘bitter hardship’ for Ghanaians because of 2021 budget – Forson

2021-03-14

[B] 2021 budget designed to lift Ghana out of challenges imposed by COVID – Alan
[B] I’ll support Agyapa deal 2,000% – MP Egyapa Mercer
[B] Notorious Wa thieves transporting pregnant goats involved in accident
[B] Ghana risks losing €258m earmarked for the 2nd phase of Kejetia market
[B] FDA calls on media to help flush out unregistered products from market
[B] Govt provides Ghs 42.8 million in operations and payroll support to STC et al

2021-03-13

[B] Gov’t introduces 10pesewas ‘borla’ tax to clean Ghana
[B] NLA to bring back Live Draws for 5/90 Lotto
[B] Minister gives Kejetia traders final warning ahead of demolition
[B] Domelevo lands top international job after forced retirement
[B] Trotros and Taxis to enjoy free income tax, hotels and restaurants to get 30%

2021-03-12

[B] AfCFTA expected to significantly promote peace and security
[B] 2021 Budget will ensure recovery and macroeconomic stability
[B] We’ll soon provide food items to schools – Buffer Stock Company
[B] Osei Kyei-Mensah-Bonsu appointed ‘caretaker Finance Minister’
[B] 2021 Budget: Ghana Employers' Association expects pragmatic initiatives

2021-03-11

[B] Corruption is not fought alone or quietly – Domelevo
[B] Nana Addo’s anti-corruption credibility is in tatters – Gyimah-Boadi
[B] Agyapa deal should be considered dead on arrival in Parliament – John Jinapor

2021-03-10

[B] UMB Signs agreement with NARMG to provide special loans to midwives
[B] Ghana will experience economic rebound in 2021—President Akufo-Addo
[B] Price of iced sachet water now 30p
[B] All national ID numbers to become tax numbers from April - President Akufo-Addo
[B] Government will engage Parliament about Agyapa deal – Akufo-Addo

2021-03-09

[B] Stop 'examining' foodstuffs before buying them – market women to buyers
[B] Ghanaians to use COVID-19 Vaccination App to book appointment
[B] GRIDCo Explains Sunday's Nationwide Power Shutdown

2021-03-08

[B] Cement price goes up
[B] Village Savings and Loans scheme empowering rural women in Adansi north
[B] Technology is key to speeding up the global gender equality agenda- NBSSI Boss

2021-03-07

[B] Ghana for 3 years was described as one of fastest growing economies - Akufo-Addo
... go Back
 
Business

[ 2021-02-25 ]

Ghana exports 250 to 300MW of power – Amewu
Ghana, according to the Minister-designate for
Railways, John Peter Amewu has achieved a major
milestone in its history by exporting 250 to 300
MW electricity to its neighbouring countries.

Speaking before the Appointments Committee today,
Mr Amewu indicated that the country has generated
enough power to surpass the demands of citizens
and is currently exporting a significant number of
megawatts of electricity to Ivory Coast, Burkina
Faso, Togo and Benin.

“I am happy to announce to this House that for
the first time in the history of this country
export arrangements are in excess sometimes of
about 250 to 300 megawatts being given to Ivory
Coast, Burkina Faso, Benin and Republic of
Togo,” he said.

In 2019, government announced its plans to export
electricity to Mali and Niger.



The Akufo-Addo administration explained that the
two countries will join the West African countries
that were already benefiting from Ghana’s energy
to help improve the socio-economic conditions of
Ghana’s neighbouring countries.

The Hohoe MP, however, explained that the
receivers of the electricity are not developed
enough to utilize all the power that is given,
which ends up being wasted, and accounting for the
financial loss from excess power generated.

“Export of power is not like transporting a
cargo of crude oil. Unfortunately most of these
countries do not have developed infrastructure as
we have in Ghana.

“So we export power to the border of Cote d’
Ivoire and Burkina Faso, but when it gets there,
there is no demand for it and these are some of
the restraining factors.”

Although he was hopeful that Ghana could increase
its power exports in the future, he bemoaned the
fact that the infrastructural limitations of the
receivers of this exported power made it difficult
to do so.

“Ghana could increase its exports but the
infrastructure is not developed in these
countries, so we are limited by the amount of
power that we can export that is why it comes back
to us as power being available and not
consumed.”

Source - Joyfm



... go Back

 
Add YOUR View here

Ghana Review International (GRi) is published by Micromedia Consultants Ltd. T/A MCL - a wholly Ghanaian owned news agency. GRi is an independent publication and is non-aligned to any political party or interest group, within or outside of Ghana. It is a reliable source of information for Ghanaians and non-Ghanaians alike. This magazine will be of interest to any person with an interest in Ghana, Ghanaians and Africans, wherever in the world they live. This website is the on-line arm of the publication. It contains news and reviews on Ghana and the international communities.

All pages are © Copyright Ghana Review International (GRi) 1994 - 2021