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

Lagos, Nigeria. © Unsplash
Nigeria banks raise $3.3bn — now the growth gamble begins
Read More »
Kibret Abebe, CEO of Tebita Ambulance (r) being recognised in Davos
Meet Kibret Abebe, the Ethiopian CEO who built a $500,000 ambulance enterprise
Read More »
Man pushing truck with gallons of water in Benin. Photo by Dananjaya Nugraha @ Unsplash
Can West Africa’s development bank scale up without taking on too much risk?
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights