Ghana’s Energy Commission met with independent power producers (IPPs) and public institutions in Accra on Wednesday, October 29, 2025, to strengthen regulatory oversight and address the country's soaring energy sector debt, local media reported on Monday, November 3.
The meeting’s stated goal was to boost coordination, but it also served as a platform for Commission Chairman John Gartchie Gatsi to reaffirm the institution’s commitment to building a "transparent, sustainable, and resilient market." The Commission formally announced the appointment of a Chief Electrical Inspector, tasked with ensuring technical compliance and financial discipline within the sector.
Facing severe industry challenges, the Commission plans to collaborate with the Ghana Standards Authority, the West African Power Pool (WAPP), and the ECOWAS Regional Electricity Regulatory Authority (ERERA) to harmonize market regulations. Independent Power Producers have been asked to contribute to defining technical standards and strengthening local content requirements.
This dialogue signals the relaunch of a more rigorous regulatory framework. The Commission intends to strictly monitor contracts with power producers, ensure the state regularly pays its bills to operators, and increase scrutiny over production costs. It also seeks to establish a unified system for financial data exchange to reduce the cross-sector debts currently destabilizing the industry.
Finance Minister Cassiel Ato Forson has warned that the energy debt could reach 126 billion cedis (about $8.4 billion) by 2027 if urgent reforms are not implemented.
Since the beginning of the year, authorities have introduced several measures to boost revenues and reduce debt, including reforming electricity bill collection and increasing levies on fuel.
Abdel-Latif Boureima
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
System to enable tree-level traceability from forest to export Reform targets data gaps, fraud risks, and weak sector oversight Gabon's government...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID), in partnership with ASKY Airlines and Plan International Togo, successfully hosted the...
SMEs drive up to 40% of GDP and most jobs but face regulatory and financial constraints Power shortages and limited access to finance remain major...
BOA Niger warns net profit to drop 92% in 2025 Decline driven by high provisions amid rising non-performing loans Sanctions and weak lending...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...