Topic: Financing the Future of the Power Sector: Tackling Legacy Debt and Building a Resilient Energy Industry – A Critical Input for Growing Ghana’s Economy
Session:
Ghana’s energy sector remains the backbone of its industrial transformation agenda. However, it continues to face significant structural and financial challenges — including legacy debts, revenue leakages, and unsustainable operational models. These bottlenecks threaten energy security, erode investor confidence, and constrain long-term economic growth.
This session will explore pragmatic strategies to address the sector’s debt overhang while laying the foundation for a resilient, efficient, and sustainable energy industry. Discussions will focus on what it will take to create a resilient sector within the next decade — from strengthening business operations and adopting innovative financing mechanisms to driving the right reforms, optimizing renewable integration, and deepening public–private partnerships to unlock capital and stabilize the power ecosystem.
The dialogue will also examine how Ghana can balance immediate fiscal pressures with long-term investments that ensure reliability, affordability, and sustainability — ultimately positioning the country as a regional leader in green and resilient energy transformation.
Focus Areas:
- Building resilience against shocks, including global market volatility, through efficient business operations.
• Addressing sector-wide debt and revenue shortfalls through targeted reforms.
• Effectively integrating renewables to accelerate Ghana’s energy transition.
• Creating robust governance and regulatory frameworks that foster investor confidence.
• Developing innovative and sustainable financing models for energy infrastructure.
Expected Outcomes:
- Clear, actionable strategies for building a competitive and resilient energy sector — balancing security, affordability, service quality, and long-term reliability.
• Policy pathways and financial instruments to resolve legacy energy debts.
• Innovative financing and investment frameworks to support sectoral growth and modernization.
• Recommendations to advance Ghana’s green industrial and economic transformation.
Speakers:
- Kwaku Ayensu Obeng – Deputy Managing Director, Operations & Engineering, ECG
• Leads ECG’s initiatives on debt recovery and distribution efficiency.
• Provides a technical and operational perspective on grid performance, inefficiencies, and restructuring. - Mr. Abiodun Bodurin – Managing Director, West African Gas Pipeline Company (WAPCo)
• Offers insights on gas supply reliability, regional energy integration, and infrastructure financing. - Elikplim Apetorgbor – CEO, Chamber of Independent Power Producers, Ghana (IPPs)
• Represents IPP perspectives on arrears management, payment guarantees, and private-sector risk frameworks. - Reindolf Annor – Partner, KPMG Ghana
• Speaks on financial restructuring, innovative financing models, and governance mechanisms. - Engineer Kwaku Wiafe – Director, Engineering Unit (VRA)
• Provides perspectives on power generation efficiency, renewable integration, and fiscal sustainability. - Maxwell Asare – Director, Multinational and Local Corporates, Fidelity Bank
• Explores financial sector support and innovative instruments for energy infrastructure development. - Dr. Nii Darko Asante – Independent Energy Consultant
- Why: Brings technical and operational perspective on grid management, inefficiencies, and restructuring models.
Moderator: Rev. John Nkum – Founder & Executive Director, Nkum Associates