ACEP-IMANI Response on Genser-GNPC Gas Deal Committee Report August 2023
In September 2022, ACEP and Imani initiated an investigation into a sole-sourced contract between Genser and GNPC, encompassing a combined gas and pipeline infrastructure agreement. Our analysis revealed that Genser stood to receive $1.5 billion in gas discounts over a sixteen-year period while utilizing effectively subsidised infrastructure to expand its enclave power projects across the […]
Can a central bank make a loss?
The Bank of Ghana made a loss of GH¢60.81 billion in 2022. It recorded a profit of GH¢1.23 billion in 2021. Some people have wondered whether the central bank was a profit-seeking business like a commercial bank. Others have wondered how the central bank, with the power to print money, can make a loss. The power to print money […]
New Report: Financing Ghana’s Climate Action: Raising the Needed Resources to Achieve Country’s Climate Targets
This report assesses Ghana’s readiness to finance its Nationally Determined Contributions (NDCs) in the context of the current economic challenges . Specifically, the report seeks answers to the following questions: 1. What is the size of the available domestic climate financing tools and products in Ghana? 2. What are the critical incentives to scale up private sector climate […]
Doha Debates: Is it time to cancel Africa’s debts? IMANI vs Debt Justice. Stimulating!
“Is it time to cancel the debts of low-income countries in the global south? It’s estimated that three out of five low-income countries are struggling to pay their debts. In Africa, 21 countries are either bankrupt or in financial distress, and are on the hook to repay more than $70 billion in 2023 alone. Freeing […]
Why does the IMF include the debt of state-owned enterprises in Ghana’s public debt?
The IMF, in its debt sustainability analysis, includes the debt of Ghana’s state-owned enterprises (SOEs). The government of Ghana, prior to asking the IMF for support in July 2022, had excluded the debt of SOEs from public debt primarily on the grounds that such debt was not backed by the sovereign guarantees and/or were held […]
Chasing Shadows in Ghana’s Murky Oil Refinery Deal
This is a long-read. The short version is as follows. Born of Big Dreams The Tema Oil Refinery (TOR), located in the country’s coastal industrial base, is a product of Ghana’s post-colonial industrialisation drive that saw the first government after independence engage international investors as strategic partners in a number of vital industrial projects. The […]
Six Key Leadership of Committees of Kenya’s Parliament hold discussion with IMANI
On June 8 2023, the leadership of Six Watchdog Committees of the Kenyan National Assembly ( Parliament) engaged IMANI to understand the role non-state actors play in demand side accountability. These are the Public Accounts Committee (PAC), the Public Investments Committee on Governance & Education, the Public Investments Committee on Commercial Affairs & Energy, the […]
The Economic Sustainability Summit
This summit will make useful recommendations on sustainable pathways for managing the impact of the debt restructuring program on the economy and crucially, how never to grow a debt iceberg to derail the course of a nation’s sail. Please reserve your seat by emailing info@imanighana.org . Please subject of the email should be Economic Summit
Policy Brief: Women Need Secured Lands to Jump out of Poverty
Land is a critical productive asset, especially for people living in the rural part of Ghana. More than a third of Ghana’s adult population is employed in the agriculture sector where secured access to land is important. Secured land guarantees investment, and facilitates access to financing, which are essential factors for increased agricultural productivity. More […]
Presidential Inquiry Needed: Imani Africa and ACEP on AGM Relinquishing Its Interests in the South Deepwater Tano (SDWT) Block
Imani Africa and the Africa Centre for Energy Policy (ACEP) have sighted the announcement by AGM Petroleum to relinquish its interest in the South Deepwater Tano (SDWT) block, which hosts one discovery, the Nyankom-1X, from a drilling campaign embarked on by AGM in 2019. We welcome this development but wish to add that more needs […]
