The ECOWAS Community Court has, a while ago, dismissed all of the 7 claims which the former Chief Justice, Her Ladyship, Justice Gertrude Torkornoo, brought against our beloved Republic.
In respect of Her Ladyship’s claim for US$ 10 million damages, the Court held that “in light of the Court’s conclusions that Ghana has not violated any of the Applicant’s rights under the African Charter as alleged, the Court makes no decision on reparations.”
Thanks, again, to our team of illustrious State Attorneys who put in hours and hours of research to support the Republic’s defence. 🙏🏾🙏🏾🙏🏾
MAHAMA ADMINISTRATION PAYS US$1.470 BILLION TO CLEAR ENERGY SECTOR DEBT AND RESTORE WORLD BANK GUARANTEE WITHIN FIRST YEAR
1.The Government of Ghana, under the leadership of President John Dramani Mahama, has decisively resolved the crippling energy sector debt that posed one of the gravest risks to Ghana’s financial stability.
2.When President Mahama assumed office in January 2025, the energy sector had been pushed to the brink by years of persistent non-payment for gas supplied to the power sector from the Offshore Cape Three Points (OCTP) field. As a result, the World Bank Partial Risk Guarantee of US$500 million had been completely depleted under the previous administration.
3.The Partial Risk Guarantee (PRG), established in 2015 under the previous NDC Government, was a critical safeguard that enabled nearly US$8 billion in private sector investment into Ghana’s energy sector through the Sankofa Gas Project.
https://t.co/p6IbSCnMeY was designed to guarantee payments to the project partners, ENI and Vitol, in the event of payment shortfalls. Its exhaustion represented a serious governance failure that undermined Ghana’s international credibility.
https://t.co/ngaycdqwRo a clear demonstration of fiscal discipline and responsible leadership, Government has, as at 31 December 2025, fully repaid US$597.15 million, inclusive of interest, drawn on the World Bank Guarantee. This achievement has restored the facility in full and reaffirmed Ghana’s standing as a credible and reliable partner on the global stage.
6. Between January and December 2025, Government, through carefully coordinated policy actions, also settled all outstanding gas invoices owed to ENI and Vitol for electricity generation. These payments totalled approximately US$480 million, ensuring that Ghana is fully current on its obligations to the Sankofa partners.
7. Through prudent financial management, adequate budgetary provisions have been secured to sustain timely payments going forward.
8. Government has also held constructive engagements with Tullow Oil and the Jubilee Field partners, agreeing on a comprehensive roadmap to guarantee full payment for all gas off-taken.
9. This approach is aimed at supporting reliable nationwide electricity generation while accelerating industrial growth.
10. Engagements with Ghana’s upstream partners have already resulted in increased gas production, guided by a clear national vision to rapidly scale up domestic gas supply to meet the country’s growing energy demand and reduce reliance on expensive liquid fuels.
11. As part of its broader energy sector reset, the Mahama Administration has successfully renegotiated all Independent Power Producer agreements to secure improved value for money for the Ghanaian people.
12. In 2025 alone, Government paid approximately US$393 million in legacy IPP debts, further anchoring the gains made in restoring stability to the sector.
13. See below a detailed breakdown of payments to each IPP.
• Karpowership Ghana Co. Ltd – US$120,000,000
• Cenpower Generation Co. Ltd ��� US$59,444,180
• Twin City Energy (Amandi) – US$37,986,534
• Early Power ltd – US$42,000,000
• BXC Company Ltd – US$10,560,000
• Meinergy Technology – US$8,820,000
• Sunon Asogli Ghana Ltd – US$54,000,000
• AKSA Energy Limited – US$30,000,000
• Cenit Energy ltd – US$30,000,000
TOTAL – US$392,810,714
14. Altogether, the Ministry of Finance has paid approximately US$1.470 billion in the 2025 fiscal year to rescue and restore Ghana’s energy sector.
It's stunning how many people think he was sacked because of results lol! He was sacked because he exposed how shit Wilcox and INEOS are. At least report the truth
#Yeeye!!!
This is .@AtownTsb dropping anada!!!
And this is me doing it even in my sleep so don’t be surprised when the dream comes through.
Brief case EP dropping 31st…
https://t.co/GOWE85IDx7
#BriefCaseEP#LyricalJoe
On the sidelines of TICAD-9, I held bilateral talks with UN Secretary General António Guterres.
Our discussion focused on strengthening multilateral cooperation, accelerating progress on the SDGs, Ghana’s ongoing economic rebound, and the escalating security challenges in West Africa.
I welcomed the Secretary General’s recognition of Ghana’s leadership within ECOWAS and the African Union as we work with our neighbours to address the Sahel-related crisis, and I reaffirmed Ghana’s commitment to collective, regional solutions.
I reiterated Ghana’s unwavering support for multilateralism and the need to further democratise the UN to enhance its representativeness and effectiveness.
I also shared updates on Ghana’s recovery—our debt restructuring is advancing to secure long-term stability—and expressed appreciation to UNDP for its sustained partnership.
Ghana has secured a major boost for our agricultural transformation. I met with Doga Makiura, CEO and founder of Degas Limited, who announced a $100 million investment over the next four years to help establish Ghana as Africa’s first AI-powered agricultural hub.
Degas has already financed more than 86,000 smallholder farmers across 122,000 acres, doubling incomes with a 95% repayment rate. With AI-driven satellite monitoring and precision agriculture, we will strengthen value chains from inputs to markets, improve food security, and create more jobs for our youth.
This is a strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture—and we are ready to deliver.
#FeedGhana
#ResettingGhana