US Amb: We want to help solve ‘dumsor’

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The US Ambassador to Ghana, Mr Robert Porter Jackson, has assured Ghanaians of his country’s commitment towards helping to solve Ghana’s power problems.

Ghana is expected to receive US$497 million from the second Millennium Challenge Compact to boost electricity supply as part of “President Obama’s Power Africa Initiative”.

Mr Jackson said the initiative is meant to provide individuals and businesses with reliable electricity supply to help create a thriving business environment for Ghanaian entrepreneurs.

He revealed this while addressing students and faculty of the Kwame Nkrumah University of Science and Technology (KNUST) in Kumasi on Tuesday 29th March, 2016.

“Unreliable and inadequate power stifles economic growth. If your business cannot operate due to lack of electricity, you cannot make a profit. If you have no profit, well, that’s the end of your business—and your employees’ incomes, as well. With the second Millennium Challenge compact, we’re investing $498 million to transform the power sector. We want to be part of the solution to ‘dumsor dumsor,’ he noted.

Mr Jackson further noted that he “believes in Ghana’s potential for economic growth and prosperity”.

He said he was optimistic about the business opportunities in the country even though Ghana had been affected by declining prices for cocoa, gold, and oil.

He stressed that the US is working together with the Ghanaian government, with entrepreneurs, non-profits, communities and others, to help create the environment that will develop that promise.


Source: ClassFMonline.com

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