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Vol 5 (AAC) No 7

Published 1st May 2012


Ghana

NDC hopes for Beijing election bonanza

Vice-President Mahama’s April trip to Beijing sealed a position of primacy for China and paves the way for more oil-backed loans

Just twelve months after the start of commercial oil production, Ghana has mortgaged its lucrative oil marketing monopoly to Unipec via the state-owned Ghana National Petroleum Corporation – for 15 years.

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