Energy Analyst Benjamin Nsiah has thrown his weight behind growing calls for the privatization of the Electricity Company of Ghana (ECG), arguing that it is time Ghana embraced structural reforms to improve efficiency in the power sector.
Nsiah cited examples from other African countries where privatization has led to greater results and better service delivery in the energy sector in an interview on Morning Starr with Joshua Kodjo Mensah on Thursday, July 18. "I think that efficiency comes with a new reform at ECG.
And I do agree with people who call for either partial privatization, or total privatization of it," he said. "If you go to a country like Ivory Coast, they've privatized the whole power sector value chain - from generation to distribution - and they are doing quite well." Nsiah also referenced Morocco as another country that has seen progress after introducing privatization into its energy space. "They have also done a bit of privatization in their power sector.
And they're also quite doing well," he noted.
