Ghana: loans taken for public energy projects 2022

In the financial year 2022, the Government of Ghana signed one loan from the Korean government for the energy sector development in the country. This loan was intended for the infrastructure and access of the Northern Ghana rural electricity network. This bilateral loan reached a value of 680 million U.S. dollars.

Value of loans for the energy sector signed by the government of Ghana from 2020 to 2022, by project (in thousand U.S. dollars)

Project title	Loan value in thousand U.S. dollars
Northern Ghana Rural Electricity Infrastructure and Access (2022)	680,000
Self-Help Electrification Programme in Five Regions in Ghana - Phase II* (2020)	95,375.02
Rural Electrification Project (2020)	50,000
Self-Help Electrification Programme in Five Regions in Ghana - Phase II** (2020)	15,450

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Release date

March 2023

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Region

Ghana

Survey time period

2022

Supplementary notes

* Creditor: Industrial & Commercial Bank of China.
** Creditor: Societe Generale.

Figures have been rounded, and comprise non-concessional and domestic standard loans.

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