Ghana’s President, Mr. John Dramani Mahama, has officially launched the country’s National Energy Compact under the umbrella of Mission 300 on the sidelines of the ongoing 80th United Nations General Assembly in New York.
Mission 300—a bold initiative spearheaded by the World Bank Group and the African Development Bank—seeks to connect 300 million people in Africa to clean, affordable, and reliable electricity by 2030.
Other key partners in the program include the Rockefeller Foundation and Sustainable Energy for All.
Under the Compact, Ghana has set out four transformative objectives:
Increase the share of renewable energy in the national energy mix from 4% to 10% by 2026, and to 30% by 2035; Mobilize significant investment in the energy sector; Promote clean cooking solutions; and Advance the productive use of energy to support economic growth.
Speaking at the launch, President Mahama said: “Ghana believes universal access to energy is essential for empowering businesses, reducing poverty, and ensuring equal opportunities for all.”
He emphasized that achieving this vision requires strong partnerships between governments and the private sector, supported by an enabling environment for sustainable investment.
The Minister for Energy and Green Transition, Hon. John Abdulai Jinapor, noted that Ghana’s embrace of Mission 300 serves as a blueprint for attracting $20 billion in investments over the next decade, with a focus on grid modernization, renewable energy projects, and energy efficiency.
This initiative directly addresses Africa’s persistent energy access gap, where nearly 600 million people still live without electricity. By connecting individuals, businesses, and entire economies to power, Mission 300 aims to transform lives—energizing hospitals and schools, creating jobs, and stimulating investment and trade across the continent.
Source: https://energynewsafrica.com
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