The Japan Bank for International Cooperation (JBIC) plans to invest in Ghana’s energy transmission sector to enhance electricity stability and promote economic growth. Through semi-commercial loans, JBIC will finance projects like sub-stations and energy efficiency technologies, leveraging successful Japanese models. The bank is also interested in oil, gas, manufacturing, green initiatives, and health infrastructure. JBIC’s Division Director, Ms. Fukaya Satoko, highlighted Ghana’s repayment capacity and economic recovery track record as key factors for investment. Ghana’s government is open to private participation in the energy sector, addressing a $1.9 billion financing gap, while JBIC aims to collaborate with local entities to tackle energy challenges.

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