News
31 January 2020

Germany to finance 400KW waste-to-energy plant in Ghana

In:
Renewable energy, Traditional energy
Region:
Middle East & Africa

Ghana is set to construct a 400KW hybrid waste-to-energy power plant to treat urban solid waste in the country. The project, in Atwima Nwabiagya in the Ashanti Region, is being funded by the German government at a cost of $7 million.

The plant will be built and operated within four years as a pilot project, after which at least ten are expected to be built within the next ten to 20 years in different regions. 

Upon completion, it is expected to help close the carbon cycle by developing the value chain of the process with the production and utilization of compost, which would be sold to farmers to boost agriculture and cut down on mineral fertilizer whilst improving the soil structure


You might also like


Perspective
20 April 2026

Are climate funds a good fit for DFIs?

DFIs are increasingly turning to funds to deploy their capital, with the product increasingly rivalling project finance structures. But the benefits in scale and risk...

Expert opinion
23 April 2026

What to watch out for in defence financings

Defence has emerged as a priority sector in the export and development finance communities, though the legal and compliance considerations should not be ignored. By Mark...