Minister for Energy and Green Transition, Dr John Jinapor, says ongoing reforms in Ghana’s energy sector have strengthened investor confidence and improved the sector’s financial health.
He made the remarks during a Town Hall discussion at the Africa Energy Forum (AEF), where ministers from across the continent examined strategies to accelerate industrialisation through regional production hubs.
Energy Sector Reforms Showing Results
Dr. Jinapor said the government has introduced measures that are already delivering positive outcomes.
“We have recorded significant improvements in payments to utility service providers, helping to strengthen the financial sustainability of the energy sector and enhance investor confidence,” he said.
According to the minister, the reforms are helping to create a more stable and attractive environment for investment in the energy sector.
Investments Driving Growth
He noted that ongoing investments in electricity generation, transmission infrastructure and renewable energy projects are improving power reliability across the country.
These investments, he said, are laying the foundation for industrial expansion and economic growth.
Dr. Jinapor stressed that reliable and affordable energy remains critical to Ghana’s ambition of becoming a leading industrial and trade hub in the region.
Focus on Value Addition
The minister said the government is implementing policies under President John Mahama’s Accra Reset Agenda to promote local processing and value addition.
According to him, Ghana is moving away from exporting raw materials and is focusing on creating more value within the country.
“This strategic focus is creating opportunities for industrial growth, job creation, and stronger participation in regional and global value chains,” he said.
Positioning Ghana for Regional Trade
Dr. Jinapor said the reforms form part of broader efforts to position Ghana as a competitive centre for manufacturing and regional trade.
He added that a stronger energy sector will play a key role in supporting industrial development, attracting investment and boosting economic transformation.
