Doing Business In Africa - Ghana - Part 1 - Pending Oil Wealth

Suitors are queuing up to capitalize on Ghanas oil resources. While this wealth is not near as much as Nigeria or Angola, the countrys Jubilee Field is one of biggest discoveries in West Africa in over a decade. Jubilee, so named because it was discovered the same year Ghana celebrated 50 years of independence is expected to produce around 120,000 barrels a day by 2010.

Category:

News & Politics

Tags:

• Doing
• Business
• In
• Africa
• Ghana
• Part
• Pending
• Oil
• Wealth

[tbdy75]

Ghana hasn't benefited from it's gold exports!!!!!!!!!!!!!!!!!!!!! What makes them think exporting oil will be any different????? Neocolonization!!!!!!!

[kakompo]

You do have a point there. Look at Nigeria for instance. Due to bad management of oil revenue millions live in abject poverty. Ghana should learn lessons and not follow Nigeria's style of corruption that has seen millions of oil revenue vanish into thin air and keeps vanishing

[susuilu]

ghana watch ur resources very well and start to build strong partnerships within africa!!!! please i beg u- forget the us and the eu, just bring africa together and take care of ur own people. the west just want gold and oil, but if u watch ur gold africa will be able to change the currency and pay with gold in the future!! please please please

[DegahbourCity]

@heckler171 of course.i think black americans have a big opportunity when it comes to africa.but all i see is asians and white people coming to africa.why black americans are not taking that opportunity,to make business in africa .lets hope future will be good for black people in this evil world.

[heckler171]

@DegahbourCity many r interested in doing business. however there are corrupt white leaders in black face on the continent. many are still thinking they'll get their reward in "heaven" and the accept the image of a benevolent white guy when it is obvious this ppl r anything but the sort. the problem is prehaps these ppl dont have access to knowledge. but regardless what the problem is black ppl in america are standing up and the black world is looking to the black man in america. it is our time

[DegahbourCity]

@heckler171 thats true but how many africans will understand that.very sad :(

[heckler171]

here is an idea africa should build africa, do business with black people and not let outsiders come in take the resources and undersmine the avg. african. i bet the ppl benefiting from this so-called boom are rich pppl and not the avg day african. you know they are benefiting black ppl because if they were european nations wud be very angry like they are with mugabe who is taking the power from the demon white scum and putting it in the hands of the black man and woman. don't let them fool u

[heckler171]

africa has to be careful because these demonic europeans will try to seize and control evrything there again. you got these arabs and asians coming in now. better be pro-black before anything else africa.

[TheMZLEXUS]

@tech4156-In ure first GHAA WILL MOVE FORWARD TODAY TOMORROW ND IN THE FUTURE WE AINT LIKE SOME AFRICAN COUNTRIES THAT WANNA REM,AIN URE THEIR ASSES WITH NO DEVELOPMENT BUT WE WANNA DEVELOP ..SO PLSS WORRY ABOUT URE SHIT INSTEAD OF WATCHING OUR BUSINESS..WHO JAH BLESS NO ONE CAN CURSE..

[tech4156]

lame, oil will be taken and ghana will fail like all african countries. Same old, same old.

[Kalydosos]

Interesting BP & Shell have been in Nigeria for more than 50 years and Nigeria still imports most of its petrol and diesel. China has been in Sudan half this time and Sudan exports petrol and diesel America & Britain undermind and overthrew Kwame Nkrumahr. America's biggest military base is in Rwanda, Africom is established the white man is liar and thief with an instinct only to divide and conquer. All the wars in Africa can be traced right back to the USA, Israel and Britain racist scum.