A high-level dialogue on Ghana’s energy sector has renewed calls for urgent reforms to address deep-rooted fiscal and structural issues affecting its performance. Hosted by the Africa Centre for Energy Policy in collaboration with the Open Society Foundations and the Ministry of Energy and Green Transition, the event brought together key players from government, civil society, and the energy industry.
It revealed that under-recoveries in the sector now account for close to 2 percent of Ghana’s GDP, an amount four times greater than the nation’s annual capital spending on infrastructure. This growing financial strain is seen as a major obstacle to national development and a clear signal for bold, long-term solutions.
While ongoing government efforts were acknowledged, including contract reviews with Independent Power Producers and steps to enhance private participation in electricity distribution, speakers pushed for deeper reforms to strengthen procurement processes and advance the transition to cleaner energy. The discussions also called for inclusive energy policies that integrate gender and climate considerations. The event ended with a united appeal for transparent, coordinated action across sectors to reshape Ghana’s energy future.