The African Energy Chamber congratulates Ghana’s President John Mahama on his re-election, recognizing his leadership in driving economic growth and advancing the country’s energy sector. Ghana has made significant progress in its oil and gas industry under his stewardship, with plans to attract investments in gas infrastructure, achieve universal electricity access by 2030, and boost petrochemical production. The country’s upcoming energy projects, such as the Tema LNG plant and Atuabo II Gas Processing Plant, highlight its commitment to maximizing natural gas potential and reducing reliance on imported fuels.
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Africa: Better Resource Management Not Foreign Aid Will Save Africa
Promoting PPPs is crucial for Africa's development, as public-private partnerships have driven progress in sectors like energy and transportation. The Mo Ibrahim Foundation report suggests that effective management of financial resources, rather than more aid, is key to achieving economic goals. Successful examples from Rwanda and Botswana highlight the importance of good governance and resource utilization, emphasizing the potential for domestic resources to advance the continent's development. Full Article
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