5.8.07

Dallas investor signs power-supply deal in Ghana

A company owned by Dallas real estate mogul Gene Phillips has landed a $3 billion deal with the African country of Ghana to refurbish a barge to generate electricity for the power-starved nation.

Ghana has a severe electricity shortage brought on by rapid population growth and drought in north Africa. The drought has limited the country's ability to generate hydroelectric power.
By at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Ghana is back on track with investment opportunities - Veep woos foreign investors

Accra, June 6, GNA-Vice President Mahamudu Bawumia says Ghana's economic opportunities for private sector investors are back on track as...

  • Wa MCE relieved of his post
    President John Agyekum Kufuor has relieved the Wa Municipal Chief Executive (NCE), Mr M.A Banda of his position with immediate effect. Thi...
  • Cure For HIV/AIDS Found In Ghana/Africa
    HIV/AIDS victims can heave a huge sigh of relief since there is now a potent herbal medicine which is reported to be capable of totally curi...
  • Doctors Find Herbal Cure For AIDS
    A group of Ghanaian doctors and ethno-botanists and their collaborators in the US have moved closer to global fame with their discovery of ...