• Business
  • Energy
  • Markets
  • Intelligence
    • Policy Intelligence
    • Fashion Intelligence
    • Economic Intelligence
    • Security Intelligence
  • Technology
  • Infrastructure
  • Politics
  • LBNN Blueprints
  • Business
  • Energy
  • Markets
  • Intelligence
    • Policy Intelligence
    • Fashion Intelligence
    • Economic Intelligence
    • Security Intelligence
  • Technology
  • Infrastructure
  • Politics
  • LBNN Blueprints
LIVE MARKETS
Initializing...
Home Business

Sierra Leone Hit by Power Cuts after Turkish Power Ship Switches Off Supply over Unpaid Debt

Simon Osuji by Simon Osuji
September 8, 2023
in Business
0
Sierra Leone Hit by Power Cuts after Turkish Power Ship Switches Off Supply over Unpaid Debt
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter


Umaru Fofana

September 8, 2023

By Sumbebekos - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=45413666


By Sumbebekos – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=45413666

Sierra Leone’s capital Freetown has been hit by power cuts after Turkey’s Karpowership switched off the electricity supply due to an unpaid debt of around $40 million, the energy minister said on Friday.

Minister Kanja Sesay told Reuters that the outstanding amount “was accrued over time because the government subsidizes more than half the cost the ship charges per kilowatt hour”.

He said the government had to spend more on the subsidy because it charges consumers in the weak local Leone currency, one of worst performing against the dollar in which it pays the power provider.

A government commission has been set up to review consumer electricity tariffs which could double.

Karpowership, one of the world’s largest operators of floating power plants and part of the Karadeniz Energy Group, signed deals in 2018 and 2020 to provide electricity to Sierra Leone’s state power utility.

The company has made similar deals with several Africa countries that are struggling with electricity supply.

Karpowership could not be reached for comment. 

The company says on its website that it has deployed around 65 megawatts of power generation capacity to Sierra Leone since 2020 and has been supplying 80% of its total electricity needs.

Sesay said the switch-off by Karpowership had reduced electricity supply to the capital by 13%. Electricity is now being rationed in the capital with homes and business going without electricity for hours daily.

Karpower is one of three sources of electricity to the city – the other two include the country’s hydro dam, and power from an interconnection with Ivory Coast which also supplies Guinea and Liberia.

Sesay said Karpower supply is mostly needed during the dry season when water levels at its dam are low. Dependence on the firm is reduced during the rainy season. The country is currently at the peak of its May to November rainy season. 

 (Reporting by Umaru Fofana Writing by Bate Felix, Editing by Angus MacSwan)

Source link

Previous Post

Charge 4 Devices at Once With This $25.99 Power Station

Next Post

Jess Atieno Opens Solo Show in New York.

Next Post
Jess Atieno Opens Solo Show in New York.

Jess Atieno Opens Solo Show in New York.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

  • Mahama attends Liberia’s 178th independence anniversary

    Mahama attends Liberia’s 178th independence anniversary

    0 shares
    Share 0 Tweet 0
  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Global ranking of Top 5 smartphone brands in Q3, 2024

    0 shares
    Share 0 Tweet 0

Get strategic intelligence you won’t find anywhere else. Subscribe to the Limitless Beliefs Newsletter for monthly insights on overlooked business opportunities across Africa.

Subscription Form

© 2026 LBNN – All rights reserved.

Privacy Policy | About Us | Contact

Tiktok Youtube Telegram Instagram Linkedin X-twitter
No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • LBNN Blueprints
  • Quizzes
    • Enneagram quiz
  • Fashion Intelligence

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.