Ghana and Nigeria are preparing to sign a barter-style energy deal aimed at strengthening regional cooperation and addressing power challenges across West Africa.
Under the agreement, Nigeria will supply natural gas to Ghana, which will be used to generate electricity.
Rather than making a direct cash payment, Ghana will send a portion of the generated electricity back to Nigeria as compensation.
The arrangement is designed to ease Nigeria’s chronic power shortages while ensuring a steady flow of natural gas to Ghana.
Officials from both countries say the deal represents a new model of intra-African cooperation, reducing dependence on external financing and fostering mutual growth.
Ghana already exports electricity to several of its neighbors, including Togo, Burkina Faso, Côte d’Ivoire, and Benin.
This latest partnership with Nigeria is expected to deepen regional energy integration and improve power reliability across West Africa.
Energy experts say such agreements could set a precedent for more barter-based trade within Africa, helping countries leverage their natural resources and infrastructure to achieve shared prosperity.