Prime News Ghana

Today's Ghana Business, Banking and Economic news

IPGs commend government for clearing power sector arrears

The Independent Power Generators (IPGs) Ghana have praised the government for settling a significant portion of long-standing arrears owed to power producers, hailing the move as a pivotal step toward stabilizing the country’s energy sector.

Gov’t clears $1.47bn energy sector debt

The Ministry of Finance says the Mahama administration has paid a total of US$1.470 billion in 2025 to stabilise Ghana’s energy sector, clear inherited arrears and fully restore the World Bank Partial Risk Guarantee (PRG) that underpinned the country’s flagship Sankofa Gas Project.