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.

Recent Business

Dar es Salaam, Tanzania. © Unsplash
Tanzania inflation slows to 3.2% in February
Read More »
Gas pipeline. Photo @ Unsplash
Senegal kicks off domestic offshore gas production
Read More »
Ethiopian Airlines commercial flight. Photo by Bornil Amin @ Unsplash
Ethiopian Airlines suspends Middle East flights as US-Israel-Iran conflict escalates
Read More »

Recent Politics

Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s 2027 election raises political risk for investors
Read More »
Edwin Sifuna, Kenya's ODM secretary-general. Photo: Edwin W Sifuna/Facebook
Is Edwin Sifuna Kenya’s new Raila Odinga?
Read More »
A cheerful Kenyan citizen at a public celebration. Photo: @ William Ruto/Facebook
Why is Kenya on full campaign mode one year to 2027 elections?
Read More »

Latest Posts

Latest news insights