President John Dramani Mahama has indicated that the privatization of the Electricity Company of Ghana (ECG) is being considered as a strategy to address inefficiencies in power distribution within the country.
This suggestion was made during a meeting with a World Bank delegation in Accra. Mahama emphasized the need for private sector involvement to fix systemic issues within ECG, reflecting on past initiatives like the Millennium Challenge Corporation (MCC) project under his Vice Presidency which aimed at enhancing Ghana’s electricity sector efficiency.
He argued that without addressing the inefficiencies at ECG, Ghana would continue to face challenges in its entire power value chain.
