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Ghana equips financial institutions with skills for renewable energy financing

Reliable energy will be essential for the government’s 24-hour economic program, with renewable energy playing a key role in meeting this goal.

As part of this effort, financial institutions in the country are being trained on renewable energy financing.

This was revealed by Seth Mahu, Deputy Director of Renewable Energy at the Ministry of Energy and Green Transition.

He explained that the training aims to enhance the capacity of financial institutions to structure deals that will fund green projects across various sectors of the economy.

Mr. Seth Mahu said, “Currently, the Ministry of Energy, which supports the International Solar Alliance which Ghana is a member, is training financial institutions in this country on renewable energy and credit financing, is running for almost three to four months. Standard by a German company,”

“We are hopeful that participating institutions and banks will be able to build capacity and help us bring in private capital to drive investment in these areas. The training started in November. It’s not only to financial institutions in Ghana; it’s across all the 30-plus membership countries.”

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