John Abdulai Jinapor calls for establishment of renewable energy fund to drive Africa's energy transition

The Minister of Energy, Hon. John Abdulai Jinapor has called for the establishment of a renewable energy fund to drive Africa's energy transition.

Speaking on day two of the Africa Prosperity Dialogue 2025, on the theme, "Delivering Africa’s Single Market through Infrastructure: Invest. Connect. Integrate", he emphasized the need for reliable, affordable, and sustainable energy to power economic growth in Africa.

"Africa's energy future cannot be shaped by individual countries alone and by working in isolation. Energy is the lifeblood of Africa's single market. And we need to collaborate and work together," he stressed.

He noted that Africa faces significant energy challenges, with about 600 million people lacking access to electricity and another 900 million without access to clean cooking. He stressed that the continent's abundant renewable energy resources must be harnessed to achieve sustainable economic growth.

"Despite the continent's abundant renewable energy resources, sub-Saharan Africa continues to rely heavily on non-renewable energy sources. This must change," he underscored.

He announced Ghana's commitment to leading Africa's energy transition, with plans to invest in renewable energy sources such as solar, wind, and mini-hydro. The country aims to achieve 100% gas-to-power energy consumption and promote energy efficiency to reduce wastage.

To drive this transition, Hon.John Abdulai Jinapor proposed the establishment of a renewable energy investment and green transition fund.

"This fund will mobilize domestic and international resources to invest in renewable energies, focusing on upgrading renewable energy infrastructure, promoting home solar systems, wind energy, and clean cooking technologies," he explained.

Hon John Abdulai Jinapor emphasized the need for collaboration and partnership among African countries, the private sector, NGOs, and development organizations to achieve Africa's energy goals. Ghana is already working with other West African countries through the West African Power Pool to strengthen cross-border energy trade and infrastructure.

"Achieving renewable and affordable energy, as well as sustainable energy in Africa, demands unity, innovation, and unwavering commitment. By responsibly leveraging our natural resources, prioritizing renewable energy, and investing in our people, we can forge a prosperous, inclusive, and sustainable energy future," he concluded.