Ghana Clears $1.47 Billion in Energy Debts and Restores Financial Credibility
President John Mahama’s administration announces the full settlement of $1.47 billion in accumulated energy sector debts, ending a financial crisis that threatened the country’s fiscal stability.
| Companies | Vitol, Eni, Tullow Oil |
|---|---|
| Sector | Pétrole |
| Theme | Régulation & Gouvernance |
The Ghanaian government has completed the repayment of all energy sector arrears, according to an official statement. This operation includes World Bank guarantees and legacy obligations from Independent Power Producers (IPPs). The Mahama administration, which took office in January 2025, inherited a power sector weakened by years of unpaid gas supplies from the Offshore Cape Three Points (OCTP) field.
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