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US Ambassador promises to help Ghana solve dumsor
Mr Jackson said the initiative is meant to provide individuals and businesses with reliable electricity supply to help create a thriving business environment
US Ambassador to Ghana, Mr Robert Porter Jackson
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"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.
Read more: Mahama boasts of an end to dumsor
Ambassador Jackson who addressed students of the Kwame Nkrumah University of Science and Technology (KNUST) in Kumasi on Tuesday, March 29, 2016 said, "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."
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See related: Energy crisis still around the corner- ACEP
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.
Mr Jackson added that he "believes in Ghana’s potential for economic growth and prosperity."
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He said he was optimistic about the business opportunities in the country even though Ghan
a had been affected by declining prices for cocoa, gold, and oil.
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