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Dreams of Oil Wealth, Tinted by Fear

Washington Post Foreign Service
Friday, April 11, 2008; Page A16

 

Economist Kwamena Essilfie Adjaye, who advises Ghanaian President John Kufuor, estimated that the annual revenue from oil soon will reach $1 billion a year, more than the country now receives in foreign assistance and enough to embark on major development initiatives. But it is not yet clear where, or when, or for whom.

"That to me is the biggest challenge we will face as a nation, when you have that significant revenue flow in," Adjaye said. .....

 

 

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Dreams of Oil Wealth, Tinted by Fear
 

April 11, Washingtonpost - Economist Kwamena Essilfie Adjaye, who advises Ghanaian President John Kufuor, estimated that the annual revenue from oil soon will reach $1 billion a year, more than the country now receives in foreign assistance and enough to embark on major development initiatives. ...More  

  India-Africa Summit ends

New Delhi, April 10, Ghanadot/GNA– The two-day first India-Africa Summit ended in New Delhi, India, on Wednesday with an adoption of a framework for cooperation and the Delhi Declaration for stronger ties between the India and Africa.
...More
   
Ghana earned 1.2 billion dollars from non-traditional exports

Accra, April 10, Ghanadot/GNA – Non-Traditional Exports (NTEs) fetched the country 1.2 billion dollars last year compared to 892 million dollars in 2006. This represents a 30.5 per cent increase over 2006..
...More
 

TUC urges government not to sell Ghana Railway Company

Kumasi, April 10, Ghanadot/GNA – Mr Kofi Asamoah, Acting Secretary General of the Trades Union Congress (TUC), has appealed to Ghanaians, especially workers to join the Union to pressurize the government against the privatization of the railway sector.
...More

   
 

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