West Africa Can Best Develop With Stable And Affordable Power Supply System – Prez. Akufo-Addo

West Africa Can Best Develop With Stable And Affordable Power Supply System – Prez. Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has reiterated the need for the West African sub-region to have a stable power system if it is keen on rubbing shoulders with its peers on other continents.

Delivering a speech at the opening of the 12th General Assembly of the West African Power Pool (WAPP) which was hosted in Accra on Friday, 3rd November, 2017, President Akufo-Addo intimated that for West Africa to harness the abundant energy resources in the region to accelerate the socio-economic development of the sub-region, and to improve the living conditions of the people, it is crucial that issues to do with electricity ought to be seriously looked at.

The President of the Republic, Nana Addo Dankwa Akufo-Addo, amongst other things, had this to say;

‘’Chairperson, ladies and gentlemen, as co-Chair of the Group of Advocates of Eminent Persons of the United Nations Sustainable Development Goals, I am aware that SDG 7, which requires that we ensure access to affordable, reliable, sustainable and modern energy for all, is in sync with the ultimate objective of the regional power pool, which is to make affordable, reliable, sustainable modern energy services available to the citizens of West Africa’’

‘’Chairperson, ladies and gentlemen, we find ourselves in a region well-endowed with diverse energy resources to support domestic, industrial and commercial uses that will eventually lead to the socio-economic development of the region.  These resources are, however, unevenly distributed, and it is through regional co-operation and integration of the regional electricity network, through power pooling and cross border interconnection, that the benefits of electricity can be made available to a broad majority of the citizens of West Africa’’

Using Ghana as a beacon in the investment and generation of electricity, President Akufo-Addo indicated that Ghana has been, through the right regulatory, legal and commercial framework, to attract quite a huge number of private sector players into the generation end of the business, and this, it is expected, should be able to propel Ghana to the top, and be able to export power to other needy African countries.

The President used the occasion to call on experts, technical and financial partners who graced the occasion to come up with concrete plans and strategies with the ultimate goal of ensuring a prosperous West African sub-region.

His Excellency Nana Addo Dankwa Akufo-Addo expressed his confidence that the 12th WAPP General Assembly will be able to seize the opportunity to reflect on the progress made towards the establishment of a Regional Electricity Market, and identify gaps and bottlenecks as the region maps a clear way forward.