Business News of Monday, 12 January 2026Source: www.ghanaweb.comThe Independent Power Generators (IPGs) Ghana has confirmed the settlement of the US$1.47 billion energy legacy debt, acknowledging payment by the government. As a result, investor confidence in Ghana’s energy sector has been meaningfully restored, positioning the country to attract new capital, technology, and long-term partnerships," the statement read. Government settles US$1.470 billion energy sector debt within first yearThe government, through the Ministry of Finance, on January 12, 2026, said it had settled the US$1.47 billion debt owed to the IPGs. In its statement, the government explained that the payment is intended to help rescue and reset Ghana’s long-standing energy crisis. The IPGs, however, reaffirmed their commitment to further restoring investor confidence in the sector, promoting efficiency, and supporting ongoing energy sector reforms.

Source: GhanaWeb January 12, 2026 10:06 UTC