“The Government of Ghana, under the leadership of President John Dramani Mahama, has decisively resolved the crippling energy sector debt that posed one of the gravest risks to Ghana’s financial stability,” the ministry stated. “The Partial Risk Guarantee was a critical safeguard that enabled nearly US$8 billion in private sector investment into Ghana’s energy sector through the Sankofa Gas Project. Beneficiaries included Karpowership, Cenpower, Twin City Energy, Early Power, BXC, Meinergy, Sunon Asogli, AKSA Energy, and Cenit Energy. “Altogether, the Ministry of Finance has paid approximately US$1.470 billion in the 2025 fiscal year to rescue and restore Ghana’s energy sector,” the statement concluded. MAHAMA ADMINISTRATION PAYS US$1.470 BILLION TO CLEAR ENERGY SECTOR DEBT AND RESTORE WORLD BANK GUARANTEE WITHIN FIRST YEAR1.The Government of Ghana, under the leadership of President John Dramani Mahama, has decisively resolved the crippling energy sector debt that posed one of… pic.twitter.com/HTn8q8rHPU — Cassiel Ato Forson (PhD) (@Cassielforson) January 12, 2026MA/AE

Source: GhanaWeb January 12, 2026 09:03 UTC