Ghana hopes to shield economy from African oil curse


  • World
  • Tuesday, 21 May 2013

ACCRA (Reuters) - Oil brought riches to Nigeria but also ravaged its economy and fuelled corruption and conflict. Now nearby Ghana has begun production and wants to take the wealth but dodge the oil curse.

Ghana is used to resource riches: it is already the world's number two cocoa producer and Africa's second-largest gold miner. But there are signs it is struggling to manage the new oil money and some people are disappointed.

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