GNPC boss urges African oil and gas companies to list on local and international bourses to raise capital

The CEO of the Ghana National Petroleum Corporation (GNPC), Opoku Ahweneeh Danquah has said the global risk of tightening Financial markets coupled with the clear and present danger of capital sight out of African fossil fuel projects is a clear indication to increase the involvement of the African financial sector in securing long term capital for oil and gas projects.
Ahweneeh Danquah who was addressing a session at the 2022 Africa Energy Week in Cape Town, South Africa, said the absence of African national oil companies (NOCs) on the public stock exchange in Africa or abroad is partly to be blamed for the reluctance of African governments to divest ownership of their NOCs.