NewGas Cylinder Bottling Limited has secured an $18.2 million senior debt facility from the Africa Go Green Fund and the Spark+ Africa Fund to accelerate access to clean cooking energy in Ghana.
The multi-million dollar investment will support the construction of a modern LPG bottling plant in Tema and enable nationwide distribution of cooking gas cylinders.
The funding was announced by Brian McConnell, Vice President for the Africa Region at Enabling Qapital, which manages the Spark+ Africa Fund.
“We are pleased to support NewGas, a leader in expanding consumer access to LPG in Ghana,” said McConnell. “Our funding will scale access to a high-quality, cleaner, and more efficient cooking option through the Cylinder Recirculation Model. NewGas is a natural extension of Arch’s business lines, delivering environmental, social, and financial value.”
NewGas CEO Emmanuel Egyei-Mensah welcomed the funding as a game-changer for the country’s clean cooking transition.
“We are deeply grateful to Africa Go Green Fund and Spark+ Africa Fund for their partnership and shared vision for a cleaner, healthier, and more energy-resilient Ghana,” said Egyei-Mensah.
“With this facility, NewGas is not just building infrastructure — we’re laying the foundation for a cleaner way of life for millions of Ghanaians. This investment marks a major milestone in our mission to deliver safe and affordable LPG access across the country.”
The project directly supports Ghana’s national push to shift households from traditional biomass fuels to clean cooking solutions.
Despite growing energy reforms, around 67% of Ghana’s population still relies on wood and charcoal for cooking—fuels linked to indoor air pollution and health hazards.
NewGas is targeting the transition of three million households to LPG.
The company’s model addresses core adoption barriers by reducing upfront cylinder costs and providing centralized safety maintenance and quality assurance.
LPG use is expected to offer households up to 25% cost savings over charcoal, while drastically reducing exposure to harmful pollutants.
This initiative aligns with broader national energy goals.
Ghana recently initiated plans for a second gas processing plant to boost domestic gas supply and reduce fuel imports.
In addition, a $260 million World Bank financing package secured in 2024 is helping fund energy sector reforms, including expanded access to modern cooking fuels like LPG.