Event Notice: Access To Affordable Energy To Support Economic Growth And Job Creation In Ghana

09-07-2021

Event Notice: Access To Affordable Energy To Support Economic Growth And Job Creation In Ghana

Access to reliable energy, particularly electricity, is often identified as one of the significant constraints to doing business in Ghana. This is especially the case for many micro, small and medium scale enterprises (MSMEs), which constitute a significant proportion of the economy.

Ghana’s informal sector contributes 25% to GDP and employs 90% of the labour force. Inadequate power supply, resulting in load shedding and power outages, hurts businesses, forcing them to resort to more expensive power generation. Likewise, a persistent 25% of electricity generated in Ghana is lost at the retail end. These are caused by dilapidated infrastructure (technical losses) as well as electricity theft or commercial losses. Ghana’s losses are more than double the sub-Saharan Africa average of 12%.

To this end, IMANI Centre for Policy and Education and GIZ Ghana, invites you to its fourth Reform Dialogue Series (RDS) to examine access to affordable energy in Ghana. This policy dialogue, seeks to engage relevant stakeholders in Ghana’s energy space to discus how the country can increase energy access and deepen industrialisation using competitive electricity and natural gas tariffs, among others. Getting this right, will support the country’s growth and development agenda. Ghana's Energy Minister, Hon. Dr. Matthew Opoku Prempeh will keynote this event.

The dialogue will examine the following issues on energy, industrial policy and industrialisation.

  • Explore creative ways of improving power reliability and reducing electricity tariffs to support MSME growth and job Creation.
  • Examine ways of reducing the persistent 25% retail electricity losses and excess capacity charges to improve sector profitability.
  • Explore creative ways of increasing renewable energy uptake from the current less than 1% of the electricity mix including hydro.
  • Examine gaps supply dynamics, pricing and infrastructure to promote industrialisation.

Kindly find below the event details:

Date: Wednesday 21 July 2021
Time: 3:00pm – 5:00pm
Venue: Alisa Hotel (Asante Hall)

NB: In person attendance is strictly by invitation. Please be assured the COVID 19 protocols would be strictly observed.

Please confirm your  participation by emailing info@imanighana.org . For further enquiries please contact Josephine,  jtenkorang@imanighnana.org or call 0554309966.
 
About The IMANI-GIZ Reform Dialogue Series

The partnership between the two entities aims to carry out policy dialogues to improve Ghana’s investment climate. The first dialogue explored the challenges and opportunities created by the COVID-19 pandemic for Ghanaian businesses. The second dialogue discussed what the African Continental Free Trade Area (AfCFTA) mean for Ghanaian businesses. The third dialogue looked at business taxation and the road to Ghana’s post-COVID economic recovery. Future dialogues will also focus on other critical sectors of the economy.
 

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