At the Powering Africa Summit, Ghana’s Energy and Green Transition Minister, Hon. John Abdulai Jinapor, called on African governments to ensure stable and predictable policy environments to attract investment into the continent’s energy sector.
Speaking during a panel session at the high-level gathering, Hon. Jinapor stressed that investor confidence hinges on regulatory consistency rather than shifting fiscal regimes or uncertain political conditions.
He noted that many investors are not necessarily seeking excessive guarantees, but instead require clarity, transparency and long-term policy direction to guide their commitments.
According to the minister, improving the sector’s risk profile demands deliberate reforms that strengthen governance structures and enhance accountability across energy markets.
Hon. Jinapor pointed to Ghana’s recent efforts to stabilise its energy sector, including tighter management of the cash waterfall mechanism, which allocates revenues among industry players.
He said the reforms have improved payment discipline and enabled more timely settlement of obligations owed to utility companies, easing financial pressures within the sector.
These measures, he added, are already yielding results, with several independent power producers showing renewed interest in new projects under less rigid contractual terms.
Notably, some investors are now willing to proceed with reduced reliance on sovereign guarantees, reflecting growing confidence in Ghana’s policy direction.
Hon. Jinapor emphasised that sustained reforms and strong institutional governance remain critical to building a resilient and investor-friendly energy landscape across Africa.
Discussions at the summit centred on practical strategies for governments to reduce investment risks, mobilise capital and accelerate long-term energy development across the continent.