Ghana has the second-largest carbon dioxide (CO2) market in West Africa, just behind Nigeria, but it has only recently begun operating merchant CO2 facilities.
According to CO2 View, Ghana only had captive CO2 production and no merchant producers until 2023, when three merchant facilities were brought online with a capacity of three tonnes per day each.
It is thought that the three plants are owned and run by Happy Fountain, Adonko Bitters, and a Chinese company, which CO2 View has yet to identify.
Most of the country’s merchant plants are in the capital city, Accra. The merchant market in Ghana in 2022 was estimated to be just under 19 tonnes per day in volume terms, and worth $8.5m in value.
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