Search

Ghana’s Crude Oil Production Declines for Fourth Consecutive Year

  • Oil production drops from 51.75 million barrels in 2022 to 48.24 million barrels in 2023.
  • Decline in revenue from $1.42 billion to $1.06 billion exacerbates fiscal challenges.

 

Accra, Ghana – Ghana’s crude oil production has dipped for the fourth consecutive year, sparking fresh concerns for an economy already facing significant challenges.

You need an active subscription to continue reading this article.

Recent Business

1729021502341_Food-inflation
Ghana slashes interest rate to 25% as inflation falls, cedi rebounds
Read More »
Electricity, power Photo by Random Institute @ Unsplash
Will Nigeria’s $2.7 billion bond fix the failing electricity sector?
Read More »
IMF Revises Senegal’s 2024 Growth
Senegal defies downgrade to raise $232 million in bond auction
Read More »

Recent Politics

1732717216990_2JJRT55
Cameroon on edge as Biya’s main rival barred from October election
Read More »
Alamy Live News
Kenya’s opposition ODM fractures over Raila-Ruto alliance
Read More »
ZUMA Press Wire) EDITORIAL USAGE ONLY! Not f
Ghana’s opposition petitions president over electoral chaos, illegal mining
Read More »

Latest Posts

Latest news insights