The Ghana Energy Sector Transformation Initiative Project has received $20 million from the World Bank to strengthen the capacity of the energy sector, implement sector reforms, and improve energy sector planning and coordination.
“The project supports the government’s plan through a comprehensive package of regulatory, policy, and operational measures and platforms for stakeholder engagement to help the government address near-term challenges and lay the ground work for Ghana’s energy sector transformation,” said Henry Kerali, World Bank country director for Ghana.
“Electricity consumers will also benefit from enhanced sector governance and improved energy services and access,” Kerali added.
The project is aligned with the priorities of the government’s Coordinated Programme of Economic and Social Development Policies.
Electricity deficit closing
According to the World Bank, sub-Saharan Africa’s electricity deficit has begun to close for the first time. Read more: Ghana Civil Aviation Authority seeks uninterrupted power supply
“We have made great strides in bringing electricity to the millions of people who need it most, under challenging conditions. But there is no time to rest. A billion people still don’t have electricity today. We are committed to helping countries scale up successful approaches to rapidly extend electricity services to all of their citizens,” said Riccardo Puliti, senior director and head of the energy and extractives global practice at the World Bank.
The number of people gaining access to electricity has been accelerating over the past years, but more needs to be done to ensure affordable and reliable supply for all. Read and RT: https://t.co/9bdzVvybH0 #SDG7 #EndEnergyPoverty pic.twitter.com/DheWMGSQAn
— World Bank (@WorldBank) July 16, 2018