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April 25, 2026
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Investment gaps under erstwhile government affected energy sector – Richmond Rockson
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Policy
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Key Points
- Richmond Rockson, Communications Director at the Ministry of Energy and Green Transition, stated that critical investments in Ghana’s energy infrastructure were not sufficiently made during the erstwhile Akufo-Addo government.
- He attributed current sector challenges in meeting demand and maintaining stability to these investment shortfalls.
- Rockson specifically linked the lack of investment to pressures experienced by generation and distribution systems.
- The comments were made on JoyNews’ Newsfile programme on Saturday, April 25.
- He stressed that addressing these deficiencies is essential for improving the long-term resilience of Ghana's energy sector.
Why This Matters
This matters significantly for Ghana as a reliable energy supply is crucial for economic stability and national development. The identified lack of past investment directly impacts current energy challenges, potentially affecting businesses and households. Addressing these infrastructure gaps is vital for Ghana's future economic growth and energy security.
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Why celebrate $2.62bn FDI while losing $1.7bn under the Domestic Gold Programme? IERPP asks
- The Institute of Economic Research and Public Policy (IERPP) welcomes Ghana's US$2.62 billion Foreign Direct Investment (FDI) as a sign of investor confidence.
- However, IERPP tempers this optimism with concern over an estimated GH¢22 billion (US$1.7 billion) loss from the Domestic Gold Purchase Program (DGPP).
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