
Ben Boakye: ECG Losses Rise Despite $700m Investment
The executive director of ACEP warns that Ghana’s Electricity Company has worsened its losses even after massive public spending, urging urgent management reforms.
6 stories tagged “Ecg”.

The executive director of ACEP warns that Ghana’s Electricity Company has worsened its losses even after massive public spending, urging urgent management reforms.

ACEP Executive Director Ben Boakye warned that Ghana’s energy sector losses are draining public finances and widening social gaps.

ACEP’s Ben Boakye blames procurement abuses and sole‑sourcing at the Electricity Company of Ghana for the utility’s financial woes.

The regulator urged the national power company to upgrade transformers, improve network infrastructure and speed up meter installation after a mid‑year review revealed the region’s highest complaint volume.

A major fault early Thursday morning tripped key power generation units at Akosombo and surrounding thermal plants, triggering widespread blackouts as technical teams work to restore full stability to Ghana’s national grid.

Residents and businesses in several communities across the Accra East Region are expected to experience temporary power interruptions from Monday, August 10 to Thursday, August 13 as the Electricity Company of Ghana undertakes planned maintenance works.

The stationery brand reaches major commercial hubs, sampling thousands of pens and pencils while teaching shoppers how to spot genuine, safe products.

Ghana’s media houses face a new dilemma as artificial intelligence speeds up production but also fuels sophisticated misinformation.

The Ghanaian subsidiary of the Nairobi‑based fintech now offers secure, AI‑driven payment infrastructure to banks, non‑bank institutions and fintech firms.

The three‑year programme concluded on September 18 with a virtual event that showcased research on digital rights, AI literacy and online safety, and launched a 120‑page report and alumni network.

Carlos Queiroz’s squad faces a crisis as Mohammed Kudus, Antoine Semenyo, Baba Rahman, Jordan Ayew and others pull out, but the experience of 2026 World Cup newcomers may turn the setback into an opportunity.

The Bank’s 132nd Monetary Policy Committee meeting highlighted a projected deficit, falling reserves and a pause in gold exports as key risks to Ghana’s external position.
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