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Ghana: GRIDCo records GH¢584.46m profit after tax in 2025

he Ghana Grid Company Limited (GRIDCo) recorded a profit after tax of GH¢584.46 million in 2025, according to Energy and Green Transition Minister John Abdulai Jinapor. The Minister disclosed the figure during GRIDCo’s 13th Annual General Meeting, where the company’s performance for the 2025 financial year was reviewed. According to Mr Jinapor, GRIDCo transmitted a …

Ghana: ’s Maiden GH¢100m Bond Attracts GH¢178m in Bids

ETROSOL Platinum Energy PLC has listed its maiden GH¢100 million corporate bond on the Ghana Fixed Income Market (GFIM) of the Ghana Stock Exchange (GSE), after the issuance received total bids of GH¢178.074 million, representing a 178% subscription. The listing, announced on August 24, 2026, comprises PETROSOL’s Series 1 and Series 2 Notes issued under …

Nigeria turns to Ghana for lessons on energy efficiency standards

Ghana has shared its experience in enforcing Minimum Energy Performance Standards (MEPS) and energy labelling with a delegation from Nigeria’s Federal Ministry of Power as both countries seek to strengthen energy efficiency across the ECOWAS region. The Nigerian delegation, comprising technical officials, visited the Energy Commission of Ghana for a three-day study tour to examine …

Power restoration underway after widespread outage hits parts of Ghana

Power restoration is underway in several parts of Ghana after a major fault on the Akosombo–Volta transmission line disrupted electricity supply early Thursday, August 20, 2026. The Ghana Grid Company Limited (GRIDCo) said the fault occurred at about 4:30 a.m., triggering the automatic tripping of the Akosombo generating units and some thermal power plants. The …

Power outage hits parts of Ghana for second time in a month

Several communities across Ghana experienced power outages early Thursday, August 20, disrupting electricity supply to homes, businesses and other facilities. In Accra, areas including Adabraka, Weija, Tesano, Achimota, Dzorwulu, Legon, Madina, Adenta and Oyarifa were affected from about 4:15 a.m. Outages were also reported in Aburi, Tamale and parts of the Central and Ashanti regions. …

Michael John-Delase named Vivo Energy Ghana’s 2025 Retailer of the Year

Vivo Energy Ghana PLC, the Shell licensee has reaffirmed its commitment to operational excellence, customer-centricity and strategic partnerships following a successful Retail Conference and Awards ceremony at the Alisa Hotel, Accra. Held under the theme "Bigger, Bolder, Better Together," the conference brought together retailers from across the country, the company's leadership and employees to reflect …

Namibia’s President meets China’s CC7, contractor for Hyphen’s 3GW green ammonia plant

China National Chemical Engineering & Construction Corporation Seven (CC7), the Chinese state-owned engineering firm selected to design and build what is expected to become the world's largest green ammonia plant in Namibia, held high-level talks with President Netumbo Nandi-Ndaitwah during her state visit to China. The meeting in Chengdu brought together senior Namibian government officials, …

Vivo Energy completes acquisition of TotalEnergies Marketing Jordan

Vivo Energy has completed the acquisition of 100% of the shares in TotalEnergies Marketing Jordan, marking its entry into the Jordanian market and introducing the Engen retail fuel brand to the country. The transaction includes TotalEnergies Marketing Jordan's network of approximately 180 service stations, as well as its commercial fuels and lubricants operations. The acquisition …