Ghana Decides: The road to Jubilee House

12/07/24 • 24 min

This week, it's all about Ghana. The country is preparing for Sunday's elections and is set to go to the polls to elect a new president. The political landscape is heating up as candidates gear up for a highly competitive race.
Then, Ghana's Jubilee oil field production dropped to 89,000 barrels per day due to issues with the J69-P well and downtime at Ghana Gas Company. Ghana also owes $40 million in overdue gas payments. While cocoa buyers paid over $500 million upfront to Cocobod, the organization faces a $1 billion loss from unfulfilled contracts. How could the drop in oil production affect Ghana's economy?

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