The Ghanaian power sector’s perennial financial questions

In depth
Issue 467 - 02 Sep 2022 | 4 minute read

A $3bn Eurobond, raised in early 2020, was meant to be used to tackle Ghana’s large public sector debts, with up to $1bn intended by finance minister Ken Ofori-Atta to renegotiate supply deals with independent power producers (IPPs), replacing take-or-pay agreements that had left the state paying for unused electricity.

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