PDS deal: MiDA shifting blame to Bawumia – ACEP suspects ‘mischief’

Transaction advisors in a concession agreement with the energy company, Power Distribution Services (PDS) have been accused of shifting blame after controversy gutted the agreement. In the controversy, Power Distribution Services (PDS) have been found to lack the financial capacity to provide $12.5m in guarantees when they took over ECG management in March 2019. PDS […]

ACEP lauds gov’t for renegotiated Ameri deal, says 51.3 million dollar savings commendable

Energy Think-tank, African Centre for Energy Policy (ACEP) has commended government for renegotiating the Ameri deal and making a substantial savings of 51.3 million dollars. A statement issued by the think-tank and signed by its Executive Director, Dr. Benjamin Boakye stated in part that ‘’the addendum presents a more favorable liability for government than the […]