Kyle Kelhofer, Senior Country Manager of the International Finance Corporation (IFC), says the institution is recording a significant increase in business proposals in Ghana, particularly in the agriculture and infrastructure sectors.

Speaking in an interview with Bernard Avle on Channel One  TV’s The Point of View on Monday, January 19, Mr Kelhofer said IFC’s level of engagement in Ghana has grown compared to previous years.

“We’re doing more than we were doing several years ago. We at IFC are seeing a lot more business proposals than we’re seeing two, three, or four years ago, particularly for larger projects in agriculture and infrastructure,” he said.

He noted a marked shift in the scale of energy projects being proposed, especially in the renewable energy space.

“Two, three, four years ago, we were looking at solar projects of 15 megawatts to 20 megawatts. Now, we are talking of 200 megawatts, 400 megawatts solar,” Mr Kelhofer said.

He explained that the focus goes beyond solar energy alone, stressing the importance of affordable and dependable power for businesses.

“This is not just solar power, by the way. This is lower-cost power, reliable power for businesses,” he added.

Mr Kelhofer said IFC remains committed to supporting projects that meet the institution’s standards.

“We’re keen on supporting viable projects in Ghana, as long as they are credible,” he said.