Ghana on course for an investor friendly energy transition roadmap

July 26, 2023 / Comments (0)


Ghana is on course with move to implements its energy transition plan which was launched in 2023.

Even before the full implementation of the plan, the country is in the process of getting an investor friendly policy that will attract both local and International investors into some of the projects earmarked for the plan.

Speaking to Joy Business after addressing participants at the just ended GIZ Extractive Industry Summer School in the Western region, Deputy Director for Nuclear Power and Alternative Energy at the Ministry of Energy, Dr. Robert Sogbadji pointed out that all stakeholders are being engaged to make the transition process a successful one.

“The Energy Transition Policy Framework is ready for implementation but before we have the intermediary pathway, we want to develop an investor friendly system.

“We have to see how we could attract some investments into the implementation of some of the projects, which are earmarked in the energy transition”.

“So currently that is where we we’ve also attracted some interested investors to supplement parts of the development” he noted.

The theme for this year’s Summer School was “Effective Resource Governance as we Transition”.

The Summer School was jointly organised by GIZ and the Natural Resource Governance Institute with funding support from SECO through the Swiss Embassy.

The aim is to broaden the knowledge of stakeholders on current happenings in the extractive sector and to learn from best practices.

Participants were drawn from the various sectors relating to the industry for the one week programme.

Other facilitators include, Dr. Kweku Boateng, Director of Local Content at the Petroleum Commission who took participants through some successes chalked by the country in ensuring Ghana’s localisation policy benefit indigenes of the oil and gas discovery.

Participants were given certificates of participation at the end of the final day.


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