The International Monetary Fund has predicted that the African continent is expected to become the world second-fastest growing economy by 2020. With vast natural resources and short shipping lanes to the Americas, Europe and Asia, Africa has the clear potential to become an industrial powerhouse. This growth, however, is contingent upon substantial infrastructure investments. This … Read more
New disruptive technologies are changing the way energy generation and distribution is understood and funded in Africa. These changes have profound implications, far beyond the energy sector. African policy makers, governments, banks, investors and global funders need to take stock of these changes and re-look at how energy is conceived and managed on the continent. … Read more
The celebrated legend of African neighbourliness has been reinforced by Sahara Group after the leading African energy conglomerate extended a hand of support to victims of fire disasters in Ghana. The gesture, which is in line with Sahara’s Corporate Responsibility policies follows similar support from Sahara to the nation’s disaster victims in the past. In … Read more
Quantum Power, the pan-African energy infrastructure investment platform, has cut sod for the construction of the Tema LNG Terminal, consisting of facilities for the import, storage and regasification of liquefied natural gas. The Tema LNG Terminal has been designed to help alleviate Ghana’s significant energy shortfall and support the Government’s efforts to put an end … Read more
Ghana will from 2018 save some $250 million annually on crude oil imports to fuel its power plants across the country. This is because the country will by then be able to substitute oil imports with Liquefied Natural Gas (LNG), of which the former is comparatively expensive) after the Tema LNG import and regasification terminal … Read more
As part of efforts to provide Ghana with the option of a reliable and cheaper power to power its thermal plants for the next decade, Quantum Power, a pan African energy infrastructure investment platform has cut sod for the construction of the Tema LNG terminal. The terminal when completed will consist of facilities for the … Read more
A public interest campaigner has faulted the decision by former Attorney General, Martin Amidu, to discontinue the pursuit of a corruption case at the Supreme Court. Kwame Jantuah, a lawyer and a member of the Convention People’s Party (CPP), says the decision may come back to haunt the Citizen Vigilante if the current administration also … Read more