The Principal of Africa Power Systems Management Inc., (“APSM”), Mr Kweku A. Awotwi, says the country cannot bank its hopes on independent power projects to augment electricity generation capacity because they have inherent challenges that will not make the benefits realised within the period the country needed them most.Mr Awotwi said each of...[READ MORE]
If parliament approves it, the US$1.5billion Tema Port Expansion Project will enjoy a tax waiver that is almost two-thirds the project cost.Government and the minority in parliament are haggling over the figures, with the minority calling for more information on the deal before it supports the generous tax waiver of US$832,000,000 the Finance Committee has...[READ MORE]
Nigeria has a problem: The country is one of the world's top oil producers, but it doesn't have enough gasoline to fuel its struggling economy.On the outskirts of Lagos, Africa's richest man is building what he says is a solution to the country's fuel crisis: A massive, 650,000 barrel-per-day refinery that is designed to turn the country's crude oil into gasoline...[READ MORE]
The West African Gas Limited (WAGL) LNG project (sponsored by Sahara and NNPC) is legally, economically and technically bad for Ghana, compared to the Quantum Power (QPR) LNG project (sponsored by a joint venture involving UK, Ghanaian company investors and GNPC).The WAGL is proposing to supply 180 mmscf per day, while QPR proposes 250 mmscf per day. Both...[READ MORE]
The Ghana Water Company say it has begun the implementation of its electronic billing system from June, 2016.This means that customers of the Ghana Water Company are expected to pay their bills electronically.Until the new system, officials of the company have to go around to manually read consumption data of clients. It took at least a month for the...[READ MORE]