The operator of the Aboadze power barge, Karpowership, has threatened to cut off electricity delivery until the government pays a $379 million debt, putting the nation’s power industry in danger of going into crisis.
The threat was made on February 10, 2025, when Karpowership officials met with Energy and Green Transition Minister John Abdulai Jinapor.
The state-owned Electricity Company of Ghana (ECG) owes the debt, which raises the nation’s already enormous energy sector obligations to almost $3 billion.
Recognizing the gravity of the issue, the Minister urged Karpowership to postpone taking any severe action until the new administration looks into payment options.
However, with the International Monetary Fund (IMF) repeatedly flagging Ghana’s energy debt as a critical risk, the window for intervention is narrowing.
The IMF has urged sweeping reforms to prevent the sector from collapsing under mounting financial strain.
If Karpowership follows through with its threat, Ghana could face prolonged power outages, disrupting industries, businesses and households.
