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Ghana Opens Valves at Second Offshore Oil Field

Ghana’s president John Mahama officially opened the valves Thursday at the country’s second offshore field. But there is noticeably less buzz about the project than when Ghana first entered commercial oil production in 2010. Ghana’s entry into oil production in 2010 was met with huge expectations. Ghana was one of the world’s fastest-growing economies. But the West African nation’s fortunes have been dwindling. Inflation is high. Public debt is soaring. Severe power shortages have...

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