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Thursday, October 2, 2014

Ghana plans to export electricity to Nigeria

Ghanaian President, Mr. John Mahama

Ghana says it is planning to export thousands of megawatts of electricity to Nigeria, Ivory Coast and other neighbouring countries that have power deficit.

The Ghanaian President, Mr. John Mahama, who made the disclosure at the Africa Global Business and Economic Forum in Dubai on Wednesday, said his government had made huge investments in power generation that would enable the country to export excess electricity to Nigeria and others.

"We have given priority to electricity generation in our country. We have prioritised energy in such a way that we want to become the hub for power production in West Africa. We want to generate electricity to the point that excess power can be exported to Nigeria, Ivory Coast and other countries that have power deficit," he said.

To achieve this dream, Mahama said his country had secured export import financing from China as well as special funds from Abu Dhabi to commence series of power generation projects, adding that a third hydropower dam project was already at an advanced stage.

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