Ghana Risks Return of Blackouts as Energy Debt Dispute Festers
- Economic growth has picked up but could be doing even better
- Ghana has made recent headway on external debt restructuring
This article is for subscribers only.
Ghana, which has finally made progress on restructuring its external debt, is still in dispute with two of its electricity suppliers over arrears.
Minister of Finance Mohammed Amin Adam said earlier this month that the nation owes its power producers $1 billion, of which deals have been reached to restructure much of that debt. But the head of an energy lobby group said the right figure was $2.2 billion.