GHANA’S OIL PROCEEDS EXCEED COCOA FOR THE FIRST TIME

GHANA’S OIL PROCEEDS EXCEED COCOA FOR THE FIRST TIME

Ghana’s earnings from oil exports exceeds that of cocoa for the first time. According to current figures from Ghana’s central bank, revenue from oil have surpassed revenue from cocoa for the first time. Since January this year the country have made more money from the Oil sector than the Cocoa sector.  Making the Oil sector Ghana’s second highest foreign exchange earner. The total receipts from oil exports in January was US$400.1 million, while that of…

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