News Industry

Ghana Reaches 89% Electrification, Aims for 99% by 2030

Ghana Reaches 89% Electrification, Aims for 99% by 2030
Wednesday, 01 October 2025 19:38
  • Ghana reaches 89% electrification, among Africa’s highest rates
  • 3.7M rural residents still lack access; target is 99% by 2030
  • $4.4B plan includes grid expansion, solar mini-grids, renewables

With an electrification rate of 89% in 2024, Ghana is among the most advanced countries in Africa for energy access. Out of a population of 34.4 million, more than 30 million people are connected to the grid.

However, the remaining 11% of the population, approximately 3.7 million people, are primarily concentrated in the northern rural areas, highlighting persistent regional inequalities. By closing this final gap, the former Gold Coast could cement its position as a regional energy model.

The government has set an ambitious target of reaching 99% electrification by 2030. To achieve this, authorities plan to integrate renewable energy, boost its share of the electricity mix from 4% to 10%, expand the national grid, and deploy decentralized solar mini-grids in rural communities.

According to the National Energy Compact, published under the Mission 300 Initiative, these plans will require $4.4 billion in total investment, with $2.6 billion expected from the private sector. Based on current progress and renewed government commitment, the country is on an encouraging trajectory.

Ghana's progress stands out regionally. Nigeria, which has the world's largest population without electricity access, currently only has an access rate of approximately 60%. Meanwhile, Côte d’Ivoire and Senegal are above the Sub-Saharan African average with 2024 rates of 72% and 74%, respectively.

If Ghana successfully bridges the urban-rural divide by relying on a more robust grid and decentralized renewable sources, it could become a key reference for a just energy transition and a model for electrification across the sub-region.

Abdoullah Diop

On the same topic
DRC miners demand $2B+ in unpaid VAT credits, cite business strain Industry reports losses, energy deficits, and excessive...
CSG Holding to invest $247M in Egypt photovoltaic glass plant Factory to produce 1,400 tons daily; construction to take 3 years Chinese solar...
Shell to prioritize LNG as core energy focus for next decade Global LNG demand forecast to rise 60% by 2040, Shell says Company plans 12M-ton capacity...
Ghana reaches 89% electrification, among Africa’s highest rates 3.7M rural residents still lack access; target is 99% by 2030 $4.4B plan includes...

Most Read
01

• Safaricom’s M-PESA Fintech 2.0 upgrade lifts capacity to 6,000 transactions per second, scalable t...

Safaricom Unveils Fintech 2.0 Upgrade to Expand M-PESA’s Reach
02

• Côte d’Ivoire signs $156.8M farm deal with Italy’s BF Group• 10,000-hectare project aims to c...

Côte d’Ivoire Signs $156.8 Million Farm Deal With Italy’s BF Group to Cut Food Imports
03

WAEMU economy to grow 6.5% in Q3 2025, BCEAO says Growth driven by agriculture, extractives,...

Fueled by Oil and Farms, WAEMU Economy Accelerates, Projected to Grow 6.5% in Q3
04

M-KOPA sold 1.3M smartphones in 2025, reaching 6.4M devices sold since 2020. 42% of buyers got th...

M-KOPA Sells 1.3 Million Smartphones in 2025, Contributing to the Expansion of Africa’s Digital Reach
05

Masiyiwa’s Cassava to invest $720m in 5 AI factories, bringing 15k GPUs for Africa’s data sov...

Africa’s Sovereign AI Play: Cassava Technologies and Zimbabwean Strive Masiyiwa $ 720 million Bets
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.