Ghana is planning to export thousands of megawatts of
electricity to Nigeria, Ivory Coast and other neighbouring countries
that have power deficit.
The Ghanaian President, Mr. John Mahama, who made the disclosure at the
Africa Global Business and Economic Forum in Dubai on Wednesday, said
his government had made huge investments in power generation that would
enable the country to export excess electricity to Nigeria and others.
'We have given priority to electricity generation in our country. We
have prioritised energy in such a way that we want to become the hub for
power production in West Africa. We want to generate electricity to the
point that excess power can be exported to Nigeria, Ivory Coast and
other countries that have power deficit,' he said.
To achieve this dream, Mahama said his country had secured
export-import financing from China as well as special funds from Abu
Dhabi to commence series of power generation projects, adding that a
third hydropower dam project was already at an advanced stage.
The Ghanaian leader spoke in a panel discussion along with President
Paul Kagame of Rwanda and President Mulatu Wirtu of the Federal
Democratic Republic of Ethiopia.
Mahama added, 'Where Africa faces some of its challenges lies its
biggest opportunities. We are leveraging on public-private sector
partnership to build infrastructure. Be it roads, electricity, ports or
communication systems; if we create the right environment, investors
will come.
'Creating the right environment that will attract foreign direct investment is key.'
In achieving this, the Ghanaian leader joined Kagame and Wirtu to
emphasise the need for African governments to strengthen anti-corruption
agencies in their various countries.
'Issues of accountability and transparency are very important. There
must be mechanism to fight corruption. We all have institutions but the
major thing is resourcing them to effectively fight corruption and
perform effectively,' he noted.
According to Kagame, African governments must create a system that is
not sympathetic to corruption, saying this would help drive the required
Foreign Direct Investment into the continent.
He said, 'It is one thing to have the institutions; it is another thing
to allow them to work. Governance and structure must be in place to
make them to work,' he said.
'African governments must fix infrastructure, investment in development
of education and skills, and also enhance connectivity among African
countries.' - Punch.






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