The government’s recent payment of $393 million to Independent Power Producers (IPPs) has strengthened confidence in Ghana’s energy sector, the CEO of the Independent Power Generators (IPGs), Dr Elikpem Apetorgbor, has said. The government cleared outstanding energy-sector debts totalling $1.470 billion in the 2025 fiscal year, effectively rescuing the sector and ridding it of crippling debt. The payments include repaying the depleted $500 million World Bank Guarantee for natural gas supplies, with interest, which has ensured the reinstatement of the vital World Bank risk guarantee against shortfalls in payment for natural gas supplies from the Sankofa Field.