On his first official day in office, President John Dramani Mahama wasted no time addressing one of Ghana's most pressing issues: the inefficiencies in the energy sector.
Meeting with a high-level delegation from the World Bank on Wednesday, January 8, 2025, at his private office in Accra, Mahama revealed plans to explore privatizing the Electricity Company of Ghana (ECG).
The President emphasized the critical role of efficient energy distribution in driving national development.
Drawing from his experience with the Millennium Challenge Corporation (MCC) Compact during his tenure as Vice President, Mahama highlighted privatization as a potential solution to operational inefficiencies, financial mismanagement, and subpar service delivery at ECG. "If we don't fix the Electricity Company of Ghana, we will continue to have a major problem with our whole power value chain.
