Ghana risks losing up to $2 billion if power outages persist, warns Ing. Justice Ohene-Akoto, Executive Director of the Africa Sustainable Energy Centre. Speaking at a forum, Ohene-Akoto emphasized that the country’s economic growth is being hampered by unreliable power supply, urging authorities to address the issue urgently.
According to #GHOneNews, the power outages have been a recurring problem in Ghana, affecting businesses and households alike. Ohene-Akoto attributed the situation to inadequate investment in the energy sector, calling for increased private sector participation to boost power generation and distribution.
The Executive Director highlighted the impact of power outages on Ghana’s industrial sector, citing reduced productivity and competitiveness. He stressed that a reliable power supply is crucial for the country’s economic transformation and job creation.
Ghana’s energy sector has faced challenges in recent years, with the country struggling to meet growing demand. The government has launched initiatives to increase power generation, including the development of renewable energy sources.
The warning comes as Ghana seeks to attract foreign investment and boost economic growth. A stable power supply is seen as critical to achieving these goals and improving the lives of Ghanaians.
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Source: Stella Sunu
