The Executive Director of the Africa Centre for Energy Policy (ACEP), Dr Mohammed Amin Adam, has said the failure of African countries to effectively manage the effects of oil price volatility can have an adverse impact on development efforts. He said the inability to manage the volatility over time would subsequently make it difficult for … Read more
Many Oil producing countries in the African sub-region have been the worse hit by the plummeting oil revenues following the high risk of their less diversified economies, over dependence on oil revenues, lower tax effort, fiscal indiscipline and corruption among others, the Executive Director for energy think-tank, Africa Centre for Energy Policy(ACEP), Dr. Mohammed Amin … Read more
Government has been charged to spend oil revenues responsibly at all times to enable it to mitigate the negative impact a slowdown in commodity prices may have on the economy as it is currently. This comes as most African countries like Ghana are said to the hardest-hit any time there are uncertainties of oil prices … Read more
Mahamudu Bawumia (born October 7, 1963) is an economist and banker. He was a Deputy Governor of the Bank of Ghana until his nomination as Vice Presidential candidate for the New Patriotic Party (NPP) Presidential candidate Nana Akufo-Addo in 2008. He also run as the vice-presidential candidate of the New Patriotic Party in Ghana’s 2012 … Read more