Ghana's Energy Sector on the Brink: $3.1 Billion Debt and Dwindling Reserves

Ghana's Energy Sector Faces Crushing Debt: A National Crisis Ghana's energy sector is teetering on the brink of collapse, burdened by massive debts and dwindling fuel reserves. A recent news report revealed a staggering $3.1 billion debt in the energy sector, excluding fuel costs. This includes $1.7 billion owed to independent power producers and a further $400 million to Karpowership. The situation is further exacerbated by the Electricity Company of Ghana's (ECG) monthly shortfall of GH₵2 billion, amounting to a total of GH₵30 billion in 2025. Adding to the crisis, the country only has a 2.6-day fuel reserve. "The figures paint a grim picture of the challenges facing the energy sector," stated a news anchor. The report underscores the urgent need for decisive action to address this critical issue and prevent a potential energy crisis in Ghana. Experts are calling for immediate government intervention to stabilize the sector and prevent widespread power outages.