{"id":57257,"date":"2023-10-19T06:32:48","date_gmt":"2023-10-19T06:32:48","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=57257"},"modified":"2023-10-19T05:15:50","modified_gmt":"2023-10-19T05:15:50","slug":"we-need-an-african-energy-bank-dr-opoku-prempeh","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh","title":{"rendered":"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>Energy Minister, Dr. Matthew Opoku Prempeh says there is the need for the establishment of an African Energy Bank. The bank the Minister says will be the citadel for the financing of Africa\u2019s energy projects in the wake of the energy transition.<\/b><\/p>\n

Speaking at the opening panel session at the 2023 African Energy Week on the theme \u201cGlobal Energy Security; The imperative of African Energy Development\u201d the Minister said the energy transition conversation from an African perspective is confronted with militating factors including; limited technological capacities, low productivity, weak capital markets and high input costs and therefore an African Energy Bank will be in a pole position to address these challenges.<\/p>\n

\u201cThe Bank will understand the peculiar circumstances of the African continent and will therefore support our efforts\u201d he said<\/p>\n

In addition to these he said that Africa is particularly saddled with high energy deficit, inadequate human capital and lack of green energy infrastructure. Deliberate efforts he intimated must be put in place to address these challenges.<\/p>\n

\u201cCurrently, about 600 million people are without access to electricity in Africa. Without a clear and purposeful drive towards cheaper electricity, the figure will rise to 800 million by 2030, whilst the continent sits on what shall effectively become stranded assets. Our position is that, we cannot starve in the midst of plenty\u201d he said.<\/p>\n

He continued \u201cGhana is of the uncompromising view that an energy transition plan worth its salt must take into perspective all the sectors of our economies with deliberate efforts channeled at achieving decarbonisation, energy security, access and efficiency to accelerate industrialization and yet lower carbon dioxide emissions and energy demand\u201d<\/p>\n

The Minister said continues to pitch a narrative for the linkages between upstream and downstream to established on the continent to ensure value maximisation and retention.<\/p>\n

\u201cExpanding the refining capacity and storage for crude oil and petroleum products and providing the appropriate infrastructure for petrochemical production and transportation of gas and petroleum products will to all intents and purposes provide these linkages\u201d<\/p>\n

The Manhyia South lawmaker stressed that oil and gas exploration and production will be continued in the next few decades to ensure the availability of natural gas for these purposes.<\/p>\n

\u201cWe are cognisant of the implications of hydrocarbons on the environment and have already included Carbon Capture and Storage and other green interventions in our Energy Transition Framework to duly take care of emissions\u201d he added<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Energy Minister, Dr. Matthew Opoku Prempeh says there is the need for the establishment of an African Energy Bank. The bank the Minister says will be the citadel for the financing of Africa\u2019s energy projects in the wake of the energy transition. Speaking at the opening panel session at the 2023 African […]<\/p>\n","protected":false},"author":84,"featured_media":57256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-57257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nWe Need an African Energy Bank \u2013 Dr. Opoku Prempeh - Ghana<\/title>\n<meta name=\"description\" content=\"Energy Minister, Dr. Matthew Opoku Prempeh says there is the need for the establishment of an African Energy Bank. Th ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh\" \/>\n<meta property=\"og:description\" content=\"Energy Minister, Dr. Matthew Opoku Prempeh says there is the need for the establishment of an African Energy Bank. Th ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-19T06:32:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh\",\"datePublished\":\"2023-10-19T06:32:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh\"},\"wordCount\":418,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh\",\"name\":\"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh - Ghana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg\",\"datePublished\":\"2023-10-19T06:32:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Energy Minister, Dr. Matthew Opoku Prempeh says there is the need for the establishment of an African Energy Bank. Th ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg\",\"width\":1280,\"height\":720,\"caption\":\"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ghana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/\",\"name\":\"Ghana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh - Ghana","description":"Energy Minister, Dr. Matthew Opoku Prempeh says there is the need for the establishment of an African Energy Bank. Th ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh","og_locale":"en_US","og_type":"article","og_title":"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh","og_description":"Energy Minister, Dr. Matthew Opoku Prempeh says there is the need for the establishment of an African Energy Bank. Th ...","og_url":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh","og_site_name":"Ghana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-10-19T06:32:48+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh","datePublished":"2023-10-19T06:32:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh"},"wordCount":418,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg","keywords":["Africa Press","Africa Press-Ghana","ghana"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh","url":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh","name":"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh - Ghana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg","datePublished":"2023-10-19T06:32:48+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Energy Minister, Dr. Matthew Opoku Prempeh says there is the need for the establishment of an African Energy Bank. Th ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#primaryimage","url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg","contentUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697679871.262482.jpg","width":1280,"height":720,"caption":"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/we-need-an-african-energy-bank-dr-opoku-prempeh#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ghana\/"},{"@type":"ListItem","position":2,"name":"We Need an African Energy Bank \u2013 Dr. Opoku Prempeh"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ghana\/#website","url":"https:\/\/www.africa-press.net\/ghana\/","name":"Ghana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/57257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/comments?post=57257"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/57257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media\/57256"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media?parent=57257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/categories?post=57257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/tags?post=57257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}