The Minister of Energy and Green Transition for Ghana, John Jinapor, highlighted the persistent issue of inadequate power supply as a significant barrier to Africa’s Energy for All agenda. With the continent requiring between $43 to $55 billion in annual energy investments until 2040, only $9 billion has been mobilized so far, creating a considerable funding gap.
Speaking on Day 2 of the 2025 Africa Prosperity Dialogues, Jinapor stressed the importance of embracing innovative energy solutions and strengthening collaborations with the private sector. He emphasized the need for actionable plans to address energy challenges rather than just discussing well-known issues.
The minister proposed the development of the Inga Dam as a potential solution to provide affordable and reliable power for industrialization across Africa. He suggested that a collaborative effort could unlock the cheapest power source for the continent, which is crucial for driving economic growth and meeting energy demands.
Jinapor reiterated the Ghanaian government’s commitment to ensuring a stable power supply to support the country’s 24-hour economy policy. The initiative is central to Ghana’s broader economic reset agenda, which aims to stimulate growth and enhance productivity in various sectors.
The Minister expressed Ghana’s determination to become a leader in Africa’s energy transition. He also reaffirmed the country’s focus on renewable and sustainable energy to benefit not only Ghana but the entire West African subregion, underlining the nation’s commitment to long-term energy security and sustainability.
Source: CITI NEWSROOM