The Africa Sustainable Energy Center warns that Ghana’s GDP could drop by approximately 4 percent by the end of 2025 if the country’s electricity supply issues are not effectively resolved.
In a recent media discussion, Justice Ohene Akoto, the executive director of the Africa Sustainable Energy Center, highlighted the socioeconomic consequences of power outages and emphasized the importance of taking decisive actions to ensure a stable and uninterrupted power supply.
“When the power goes off, we are losing productivity. That’s the narrative we need to know as a country. And the social bit also: when the power goes off, we feel uncomfortable at home. There’s a theory called the biggest theory, which is that one hour of power outage in the home is equivalent to one hour of productivity at the workplace. So we need to pay attention to it,”
“And also, yeah, it affects our GDP. The finance minister said that last year, Ghana lost 2% of its GDP as a result of this energy crisis. And then ASEC is predicting that at the end of 2025, if we do not do anything or we do not find a solution to these power issues, Ghana will lose not less than 4% of our GDP.”
