Energy Minister Hosts Mayor Of Houston; Touts Ghana As Investment Destination Of Choice

The Minister for Energy, Dr.

Matthew Opoku Prempeh says Ghana's energy space is full of huge opportunities for investment in both the power and petroleum sectors.

In 2022, the two met in Houston during the Africa Energy Summit and again at the Offshore Technology Conference (OTC) earlier in 2021.

Prempeh further acknowledged Houston as the energy capital of the world, making this visit particularly significant in respect of the opportunities for investment, collaboration and strategic partnerships in the sector.“Ghana has everything going for it as a destination for investment– a stable political system, a robust legal framework, a viable fiscal regime, a good telecommunications system and warm, hospitable people”, he said.

He also underscored the work that President Akufo-Addo’s government has done over the past six years in opening up access to education and skills training as a critical base for leveraging on the opportunities that the investment provides. On his part, Mayor Turner stated he is excited about his delegation’s visit to Ghana and described it to be "very productive".He stressed the need for partnerships that make an impact on ordinary lives and agreed that Africa was the "new frontier" for investment and that the combination of vast mineral deposits and a youthful population with education and skills training meant that the potential was enormous.

After the discussions, the Minister presented the Mayor with a plaque displaying various Adinkra symbols whilst the Mayor presented the Minister with a book on the City of Houston.

The Heads of various energy sector agencies, private operators and senior officials were in attendance on the Ghanaian delegation whilst the Houston delegation included members of the City Council and representatives from various oil companies.