Ghana government says it 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.”
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