Energy

African Oil Exporting Countries in Difficulty: Growth Lagging Behind the Region, Says the IMF

Sub-Saharan African economies that rely on oil are struggling to maintain a growth pace comparable to their more diversified neighbors, according to the latest report by the International Monetary Fund (IMF). In 2024, projections show an average growth of 2.8% for these oil-exporting countries, compared to 3.6% for the region as a whole, the IMF emphasizes.

Guinea-Conakry’s National Petroleum Agency (SONAP) to Connect Investors to Guinean Projects at MSGBC Country Spotlight During African Energy Week (AEW) 2024

Poised to showcase ongoing project developments, future investment opportunities and emerging partnerships, the Invest in MSGBC Energies country spotlight at this year’s African Energy Week (AEW): Invest in African Energy 2024 will explore the region’s promising upstream acreage, integrated infrastructure projects and future-oriented development plans.

A Call to Action for Stakeholders in the Oil and Gas Sector

In the grand tapestry of Ghana’s oil and gas sector, John Mahama’s vision stands as a beacon of hope and progress. As we navigate the complexities of energy production, it is critical for all stakeholders, including government entities, private investors, civil society, and the communities affected by extraction to come together and embrace a unified approach.