Instant reflections of life in Ghana today

Thursday, January 4^th 2024

I read this recently– 

“The German government pledged Monday to invest 4 billion euros ($4.37 billion) in African green energy projects until 2030, with the Chancellor saying that countries in Africa should benefit more from their wealth of raw materials. He did not mention any specific projects but said the materials used in green energy should be processed in the African nations they come from. 

“This creates jobs and prosperity in these countries,” he said. “And the German industry gets reliable suppliers.” The Compact with Africa countries include Egypt, Ethiopia, Benin, Burkina Faso, Ivory Coast, Ghana, Guinea, the Democratic Republic of Congo, Morocco, Rwanda, Senegal, Togo and Tunisia.”

Ghana’s green  energy comes from Hydropower, biomass, solar energy, and wind energy.  What percentage? It depends on which figures are trusted. A recent report suggests that over the last decade here has been a decline in green energy production. I hope that the support from Germany will help increase this level because the demands for energy are rising, and I suspect the infrastructure is ageing and not as reliable as the nation would like.

Good power supply attracts investment, commerce, jobs and foreign currency. Bad power hinders this growth. 

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