Stable policies crucial for boosting energy investment in Africa — Jinapor

The Minister for Energy and Green Transition, John Abdulai Jinapor, has urged African governments to prioritise policy stability and predictable regulatory frameworks to boost investor confidence in the energy sector.

Speaking at the Powering Africa Summit, Dr. Jinapor emphasised that addressing investor concerns requires a clear focus on consistency, transparency, and credible policy direction.

He noted that investors are increasingly concerned with certainty and stability rather than high returns alone, warning that frequent policy shifts and political unpredictability continue to heighten risk perception across the continent.

Dr. Jinapor stressed that improving the investment climate in Africa’s energy sector will depend on reforms that reduce uncertainty, strengthen governance, and enhance the credibility of regulatory institutions.

Highlighting Ghana’s own energy sector reforms, he pointed to the improved management of the cash waterfall mechanism, which has strengthened payment discipline and ensured more timely settlements to power producers.

According to Dr. Jinapor, these measures are already yielding results, with several independent power producers showing renewed interest in projects that rely less on sovereign guarantees and feature more flexible contractual arrangements.

He underscored that sustained reforms and strong governance are critical to building a resilient, investment-ready energy sector capable of attracting long-term capital across Africa.

Discussions at the summit focused on practical strategies to de-risk energy investments, mobilise financing, and accelerate infrastructure development to meet the continent’s growing energy demand.