The Minister of Vitality, Dr Matthew Opoku Prempeh, has urged world vitality leaders and consultants to put money into Ghana’s vitality sector, which is being developed to assist financial progress, improve residents’ high quality of life, and lead in sustainable vitality within the sub-region and past.
Talking on the 2024 Africa Vitality Discussion board (AEF) in Barcelona, Spain, on Tuesday, June 25, 2024, Dr Prempeh highlighted Ghana’s potential for renewable vitality, vitality entry, and grid modernisation, which require large funding for clear vitality to fulfill the calls for of the rising inhabitants, enterprise hubs, and trade.
He shared insights on the way forward for vitality in Ghana and your complete African continent, emphasising the big potential in Ghana’s vitality sector.
“We want your funding to unlock them, speed up our financial progress, enhance vitality safety, and improve the standard of lifetime of our residents,” he appealed to the worldwide vitality leaders and consultants.
At a Ministerial Roundtable, Dr Prempeh joined African Vitality Ministers to debate “Vitality Techniques for the Future,” specializing in balancing Africa’s wants with world targets.
He additionally met with the UK Commerce Commissioner for Africa and vitality sector heads to strategise on positioning Ghana’s vitality sector for funding, notably below the Powering Africa programme.
On the sidelines of the AEF, Dr Prempeh held a gathering with senior officers of the World Financial institution to debate the significance of consolidated efforts in direction of reaching a secure, environment friendly, and sustainable vitality sector that may drive Ghana’s financial progress.
Moreover, he took half in a panel dialogue on “Constructing Cohesive Gasoline Worth Chains and Growing Future Infrastructure”.
Throughout this session, the Vitality Minister emphasised that “Africa’s industrialisation will closely depend upon the growth of pure fuel utilization, as it’s the most viable gas for energy technology and different industrial processes amidst the worldwide vitality transition agenda”.
The Minister’s engagement on the AEF goals to place Ghana as a chief vacation spot for vitality funding, leveraging the nation’s strategic location, favorable enterprise atmosphere, and rising demand for vitality.
By leveraging its renewable vitality sources and experience, Ghana seeks to change into a beacon for sustainable vitality growth in Africa, making a mannequin for different international locations to comply with.
The Africa Vitality Discussion board is a premier platform for vitality stakeholders to share improvements and greatest practices.
Dr Prempeh’s participation demonstrates Ghana’s dedication to constructing a strong vitality sector that advantages its residents and contributes to world sustainable vitality targets.
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