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Archive for July 7th, 2012

IMANI Alert: Worrying Developments in Ghana’s Oil Sector

Posted by Business in Ghana on July 7, 2012

From IMANI Center for Policy & Education  www.imanighana.org

Many observers would have noticed a recent brief from Bloomberg about the investment prospects for Ghana’s offshore oil sector.

http://www.bloomberg.com/news/2012-07-05/ghana-oil-partners-to-invest-20-billion-in-oil-fields.html

From the very start IMANI has been somewhat less sanguine about developments in the nascent industry (see previous commentary on our website).  Despite the highly optimistic forecasts now and in the past, it is important to note the following facts: Read the rest of this entry »

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