Ghana Energy & Infrastructure News

Follow Ghana's energy and infrastructure story: electricity supply and the power grid, ECG and dumsor, fuel prices, oil and gas, and the road, rail, and port projects reshaping the country. Curated from Ghana's leading newsrooms and updated through the day, newest first.

Ghana to sign agreement to build biggest thermal plant (1200MV) before end of 2026 - Mahama
energy and infrastructure|

President Mahama Announces 1,200MW Thermal Plant Project to Become Ghana's Largest Power Facility

President John Mahama has announced that Ghana is set to construct a 1,200-megawatt (MW) gas-fired thermal power plant, which will be the largest power generation facility in the country's history. Speaking during a town hall meeting on September 25, 2026, the President revealed that the formal agreement for this massive infrastructure project is expected to be signed before the end of the year. This initiative is a cornerstone of the administration's plan to fortify the national grid and ensure long-term energy self-sufficiency. The project is part of a comprehensive strategy to adapt to the global energy transition while addressing long-standing systemic issues within Ghana's domestic energy market. President Mahama detailed plans to stabilize the sector by reducing mounting debts and spearheading a reorganization of the Electricity Company of Ghana (ECG). A key component of these reforms is a new prioritization framework for payments to power producers, intended to resolve liquidity challenges and improve the overall reliability of the distribution network. Economic stability and investor relations were also central themes in the President's address. He noted a significant recovery in investor confidence within the oil and gas sector, which he attributed to the government's commitment to maintaining a stable currency and a predictable regulatory environment. By utilizing domestic gas resources for the new 1,200MW plant, the government aims to lower the cost of production and insulate the economy from the volatility of international fuel prices. As the government moves toward finalizing the agreement by December 2026, the focus will remain on integrating this capacity into the national development roadmap. This facility is expected not only to meet the rising demand for electricity driven by industrialization but also to strengthen Ghana's position as a primary energy exporter within the West African Power Pool. The successful execution of this project is viewed as vital for the country's transition toward a more resilient and sustainable energy future.

energy and infrastructure|

Kumasi Metropolitan Assembly Sets 2026 Deadline for Kejetia Market Stall Premiums to Secure Redevelopment Funding

The Kumasi Metropolitan Assembly (KMA) has issued a stern ultimatum to traders at the Kejetia Market, mandating the settlement of all outstanding premium payments for their stalls by December 31, 2026. Richard Ofori-Agyeman Boadi, the KMA Chief Executive, emphasized that traders who fail to meet this deadline risk losing their allocations entirely. This move is part of an effort to streamline the market's financial operations and ensure the sustainability of one of West Africa's largest commercial hubs. The urgency behind this directive stems from the financial pressure on the market's redevelopment project. According to Mr. Boadi, the delay in premium payments has significantly impacted the funding required for subsequent phases of the market's reconstruction. The redevelopment of the Kejetia Market and the Central Market is a multi-phase project essential for Kumasi's economic infrastructure. Specifically, a 248 million Euro loan was secured to support Phase Two of the project, which was expected to resume work in October 2023. Ensuring that current traders fulfill their financial obligations is crucial to maintaining the confidence of creditors and project contractors. In addition to the payment deadline, the KMA Chief Executive issued a cautionary note regarding the acquisition of future stalls. Traders have been warned against making pre-payments for stalls in phases that are not yet complete or officially open for allocation. This warning is intended to protect traders from potential fraud and to maintain an organized allocation process once Phase Two is concluded. Addressing these operational concerns is seen as vital for the overall success and transparency of the market's management. The resolution of these payment issues is expected to pave the way for a smoother execution of the remaining redevelopment work. By enforcing the 2026 deadline, the KMA aims to stabilize the project's revenue stream and ensure that the market continues to serve as a cornerstone of trade in the Ashanti Region. For the traders, the period leading up to the deadline represents a critical window to secure their long-term business interests within the modernized facility.

GNPC Delivers 950,000 Barrels of Sankofa Crude to Tema Oil Refinery to Boost Domestic Production
energy and infrastructure|

GNPC Delivers 950,000 Barrels of Sankofa Crude to Tema Oil Refinery to Boost Domestic Production

The Ghana National Petroleum Corporation (GNPC) has successfully delivered approximately 950,000 barrels of Sankofa crude oil to the Tema Oil Refinery (TOR), marking a significant milestone in efforts to revitalize Ghana’s domestic refining capacity. The shipment, which arrived aboard the vessel Sonangol Cazenga, is intended to strengthen the strategic link between the country’s upstream production and downstream processing sectors. This move aligns with President John Mahama’s vision of enhancing value addition within the petroleum industry and reducing the nation’s reliance on imported refined products. The delivery was overseen by GNPC Chief Executive Kwame Ntow Amoah and TOR Managing Director Edmond Kombat, who both emphasized the commercial and strategic nature of the arrangement. Unlike some historical agreements that led to financial strain on state entities, this transaction has been fully paid for, ensuring that GNPC incurs no debt liability. The Sankofa crude grade is specifically suited for the refinery’s operational requirements, providing TOR with a high-quality feedstock to scale up its processing activities and maintain operational consistency. Mr. Amoah highlighted that the collaboration represents more than a mere commercial exchange; it is a critical step toward economic value retention. By creating a reliable domestic market for Ghana’s crude, the GNPC aims to optimize its supply chain and keep the economic benefits of the oil and gas sector within the country. This arrangement ensures that national resources are utilized to support local industry, rather than being exclusively exported for processing abroad, thereby fostering industrial growth and job stability within the energy sector. Looking ahead, both GNPC and TOR are exploring further avenues for cooperation as they work to rebuild the refinery's long-term capacity. Discussions are currently underway regarding the potential supply of natural gas to TOR, which would provide a cost-effective and cleaner energy source to power refinery operations. As the government continues to prioritize energy security, the successful integration of domestic crude into TOR’s systems serves as a blueprint for the sustainable development of Ghana’s petroleum resources.

GNPC Records $952 Million in Natural Gas Revenue as Sector Becomes Primary Economic Driver
energy and infrastructure|

GNPC Records $952 Million in Natural Gas Revenue as Sector Becomes Primary Economic Driver

The Ghana National Petroleum Corporation (GNPC) has reported a significant shift in its financial landscape, with natural gas sales emerging as a cornerstone of its revenue generation. In 2025, the Corporation recorded a substantial $952 million from gas sales alone, marking a pivotal moment in Ghana’s efforts to diversify its energy-based income and leverage domestic resources for economic stability. This surge in revenue underscores the strategic transition of the national oil company toward a more gas-integrated operational model under the current administration of President John Mahama. Hamis Ussif, the GNPC’s Deputy Chief Executive responsible for Finance, Commercial, and Administration, highlighted the transformative nature of these figures during a recent assessment of the Corporation's performance. According to Ussif, the growth in gas sales reflects the increasing maturity of Ghana’s offshore gas infrastructure and its critical role in the Corporation’s broader portfolio. By positioning natural gas as a major revenue stream, the GNPC is not only strengthening its own balance sheet but also ensuring a more reliable financial foundation for future exploration and production activities. The rise of natural gas as a high-value commodity is particularly significant for Ghana's broader energy sector and national power security. Historically reliant on crude oil exports and often subject to the volatility of global markets, the country has made concerted efforts to prioritize domestic gas production. This $952 million windfall represents more than just a financial milestone; it signifies the success of integrated infrastructure projects that channel gas to thermal power plants across the country, providing a cleaner and more cost-effective fuel source for electricity generation. Moving forward, the GNPC's robust performance in the gas sector is expected to influence long-term policy decisions and investment strategies. As the Corporation continues to optimize its commercial functions, the steady income from gas sales provides the necessary capital to reinvest in critical energy infrastructure. This fiscal boost is likely to enhance Ghana's energy independence, reducing the nation's reliance on costly fuel imports and stabilizing the national grid as the country seeks to meet the growing industrial demands of its expanding economy.

Parliament to review dollar payment for locally produced crude
energy and infrastructure|

Parliamentary Energy Committee to Review Dollar-Based Crude Oil Payments to Support Local Refineries

Ghana’s Parliamentary Select Committee on Energy is set to undertake a critical review of the existing policy that mandates domestic oil refineries to purchase locally produced crude oil in United States dollars. This move, led by Committee Chairman Emmanuel Kwasi Bedzrah, aims to address the significant foreign exchange pressures currently facing the domestic refining industry. President John Mahama has also voiced strong support for the review, directing that the payment arrangement be reconsidered to bolster domestic refining capacity and alleviate the persistent demand for foreign currency in the energy sector. The decision to re-evaluate the dollar-payment requirement stems from a misalignment in the current market structure, where local refineries must acquire their primary raw material in dollars while selling finished petroleum products in Ghanaian cedis. This disparity exposes domestic refiners to volatile exchange rate risks and complicates their operational efficiency. Key industry players, including executives from the Sentuo Oil Refinery, have advocated for these changes, arguing that a shift in the payment regime is essential to improve the operating environment and enhance the competitiveness of local players against international importers. Formal consultations and stakeholder engagements are scheduled to begin when Parliament resumes its session in October. The Select Committee plans to meet with the National Petroleum Authority (NPA) and other vital stakeholders to determine the most appropriate payment framework. These discussions will be integrated into the consideration of two upcoming pieces of legislation: a bill to amend the National Petroleum Authority Act and a new Petroleum Revenue Management bill. Chairman Bedzrah emphasized that these legislative efforts are part of a broader strategy to strengthen Ghana's industrial infrastructure and reduce the nation’s heavy reliance on imported refined products. Beyond providing immediate relief for refineries, the proposed policy shift is viewed as a strategic measure to stabilize the national currency by reducing domestic demand for the US dollar. By fostering a more sustainable and predictable ecosystem for local oil processors, the government aims to enhance national energy security and ensure that Ghana’s crude oil resources provide maximum benefit to the local economy. The outcome of these parliamentary deliberations is expected to set a new precedent for resource management and industrial support under the Mahama administration.