Bui Power Authority — state-owned enterprise generating hydropower and solar energy, recorded US$66.2m profit in 2025 with expanded renewable capacity.
… SIGA identified entities including GPHA, Bui Power Authority, Ghana National Gas Company, BOST Energies Company, the Minerals Income Investment Fund and TDC Company Limited among those that had remained profitable over the five years. …
… He also recognised the consistent profitability of the Bui Power Authority, Ghana Exim Bank, Ghana National Gas Corporation, TDC Company Limited, Ghana Supply Company Limited and the Venture Capital Trust Fund. …
The Government of Ghana has reaffirmed its commitment to achieving at least 10% renewable energy penetration in the country’s electricity generation mix by 2030, with the Bui Power Authority (BPA) expected to spearhead efforts towards meeting the target. …
The Bui Power Authority (BPA) recorded a net profit of US$66.2 million in the 2025 financial year, following improved energy generation and expansion of its renewable energy capacity. …
… The week-long event, hosted by the Volta River Authority (VRA) in partnership with other public utilities, including the Electricity Company of Ghana (ECG), Bui Power Authority (BPA) and Ghana Grid Company (GRIDCo), brought together leaders in Africa’s power sector and industry e …
The MP for Banda says government investment in educational infrastructure, including expansion of Bandaman Senior High Technical School, is essential to equip young people with technical and vocational skills needed to benefit from opportunities created by major projects like the Bui Hydro Dam, as the district moves away from agricultural dependence.
The MP for Banda says government investment in educational infrastructure, including expansion of Bandaman Senior High Technical School, is essential to equip young people with technical and vocational skills needed to benefit from opportunities created by major projects like the Bui Hydro Dam, as the district moves away from agricultural dependence.
The Majority Chief Whip has accused the IMF of showing political bias against the NDC government following the Fund's assessment of governance in Ghana's state-owned enterprises, arguing that the IMF criticises NDC administrations over practices also prevalent under NPP rule. The IMF report identified the politicisation of board and chief executive appointments as a major weakness, noting that appointments remain highly political and centralised in the Presidency despite Ghana's framework intended to make them merit-based.
President John Dramani Mahama has directed state-owned enterprises and public institutions to recruit and promote staff strictly on merit, warning that political connections, personal relationships and proximity to power must not substitute for competence, integrity and performance. He also warned boards and managements against conflicts of interest, abuse of office and wasteful expenditure, directing that procurement be lawful and competitive.
Ten state-owned enterprises collectively recorded a net loss of GH¢8.8 billion in 2024, about 1.0% of GDP, with the Electricity Company of Ghana accounting for 85% of those losses. The IMF attributed the losses mainly to high financing costs, which reached GH¢9.4 billion—nearly six times the earnings before interest and tax.
President Mahama told Ghana's state-owned enterprises that they must convert financial gains into lasting operational efficiency and demonstrate credible evidence of value created for citizens, stressing that public ownership must produce public value and that persistent losses can no longer be quietly transferred to the national budget.
State-owned enterprises in Ghana recorded total revenue of GH¢176.43 billion in 2025, a 28.12 per cent increase from GH¢137.64 billion in 2024, with net profit after tax reaching GH¢19.80 billion, according to the State Ownership Report released by the State Interests and Governance Authority.
Ghana's state-owned enterprises recorded a consolidated net profit after tax of GH¢19.80 billion in the 2025 financial year, ending four consecutive years of net losses, according to SIGA's 2025 State Ownership Report. Total SOE revenue increased by 28.12 per cent from GH¢137.64 billion to GH¢176.43 billion, marking a significant turnaround from the GH¢2.25 billion net loss in 2024.
Ghana aims to achieve at least 10% renewable energy penetration in its electricity generation mix by 2030, with the Bui Power Authority leading the expansion. The Energy Minister said all energy sector institutions must align programmes and investments with the national clean energy agenda, citing the Renewable Energy Master Plan, amended Renewable Energy Act, and National Energy Transition Framework as key policy instruments.
The Bui Power Authority recorded a net profit of US$66.2 million in 2025, generating US$145.9 million in revenue and producing 1,438GWh of energy, exceeding its 1,350GWh target. The Authority increased its solar photovoltaic capacity from 55MWp to 105MWp while its hydropower plant maintained a 95% availability rate.
Ghana's Deputy Minister of Energy and Green Transition backed calls for Ghana and African countries to invest in nuclear energy, citing benefits including clean air protection, high reliability and improved density. He spoke at the opening of the 60th Annual General Meeting of the Association of Power Utilities of Africa, hosted by the Volta River Authority in Accra.
VRA CEO Edward Ekow Obeng-Kenzo called on African utility companies to strengthen collaboration and harness the continent's natural resources to deliver affordable and reliable electricity, arguing that fragmented approaches and lack of cooperation hinder industrial growth and poverty reduction. He made the remarks at the Executive Committee Meeting of the Association of Power Utilities of Africa (APUA) in Accra.
Judith Adjobah Blay, Chief Executive Officer of Ghana National Gas Company, has graduated with a Master of Laws degree in Public Procurement Law and Policy from the University of Nottingham. The achievement was announced as reflecting her commitment to excellence and lifelong learning while leading a strategic energy institution.
The Acting Chief Executive of the Bui Power Authority has called for continuous community action to keep neighbourhoods clean, saying the national clean-up exercise should become an ongoing effort rather than a one-day event. The Authority participated in the government's three-day nationwide cleaning exercise by deploying staff to clear drains and public spaces at its Accra offices and Bui Generation Station.
The 2024 State Ownership Report shows 35 of 54 state-owned enterprises turned a profit, but the sector posted a net loss of GH¢9.68 billion after tax, worse than the GH¢7.14 billion loss in 2023, driven by losses at a handful of giant utilities and currency revaluation effects from the weakening cedi.
Persistent losses by state-owned enterprises (SOEs) pose a risk to Ghana's fiscal balance and debt sustainability following the IMF bailout, according to a corporate governance consultant. The article contextualizes Ghana's SOE sector from independence through economic crises of the 1980s–90s, which reduced government capacity to finance operations and worsened SOE performance.
Match week 10 concluded the Group Stages of the University of Ghana Corporate Football League Season 2 with five matches on 8th May at UG Main Stadium; four dominant wins and one dramatic draw determined the two semi-finalists from Group A.
The Minority Chief Whip Frank Annoh-Dompreh has written to President Mahama warning that recurring power outages, known as "dumsor," are destroying businesses and livelihoods, with cold store operators, restaurants, salons and small-scale manufacturers particularly affected. He also criticised the GHS1 fuel levy, which was justified as a measure to stabilise electricity supply and reduce fuel prices, yet outages have worsened and fuel costs have risen.
Annoh-Dompreh has written an open letter to President Mahama calling for executive intervention on energy sector challenges including a resurgence of power cuts, the plight of cocoa farmers facing price cuts and lost investments, food security concerns, and an institutional crisis at the Environmental Protection Authority.
Professor Douglas Boateng argues that while solar should lead Africa's energy strategy for the next six years due to its speed and modularity, sustainable energy security requires a disciplined integration of hydro, gas, thermal, wind, geothermal, bioenergy, ocean wave, and nuclear power—not dependence on any single source.
Deputy Finance Minister Thomas Ampem Nyarko attributed Ghana's recent struggles with inflation, currency volatility, and debt restructuring to weak internal controls, poor risk management, and lack of accountability at leadership levels. He stated that institutions weaken gradually when governance is compromised, and warned that the costs included billions in public funds lost and erosion of public trust.
Ing. Prof. Douglas Boateng argues that Ghana's electricity challenge is fundamentally one of coordination across the entire supply chain—generation, transmission, and distribution—rather than production capacity alone, and that systems fail from lack of coordinated attention rather than lack of strength.
A disruption at Akosombo exposed risks in Ghana's centralised power grid, with potential loss of up to 1,000MW of transmission capacity—about 25 per cent of peak demand—affecting households, hospitals and businesses. The incident highlights why Ghana must rethink reliance on hydropower and move toward decentralised energy systems.