Tag: Energy Security
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Ghana’s Fuel Import Bill Climbs to US$4.95bn as Local Refining Shrinks to 6%
Ghana's dependence on imported petroleum deepened sharply in 2025, with fuel imports surging 36.7 percent to 8.71 billion litres and the import bill reaching...
CEMSE Pushes to Cut BOST Margin as Fuel Price Debate Heats Up
An energy advocacy group is pressing the government to strip the Bulk Oil Storage and Transportation Company (BOST) margin from the petroleum price build-up,...
Afreximbank Deploys US$10 Billion to Blunt Gulf Crisis Impact
The African Export-Import Bank (Afreximbank) has approved a $10 billion Gulf Crisis Response Programme (GCRP) to protect African and Caribbean economies, financial institutions, and...
Ghana’s Oil Slide Costs Economy Over US$1.7 Billion in Six Years
Ghana's steadily shrinking crude oil output has translated into a cumulative revenue loss of more than $1.7 billion over six years, according to the...
TOR Chief Makes Case for Africa’s Own Crude Oil Benchmark
Africa's continued reliance on European and American oil pricing benchmarks is leaving the continent unnecessarily exposed to global shocks, and the time has come...
