Bolstered by burgeoning cement and ceramics industries that draw on the natural resources of the Hajar Mountains, Ras Al Khaimah has one of the GCC’s more diversified economies. Continued investment in infrastructure is enabling further economic growth and encouraging foreign investment.
Long viewed as a bastion of stability in the Central African region, thanks in part to large hydrocarbon revenues that have helped it maintain one of the highest levels of per capita income in the region, Gabon has been able to leverage its diplomatic clout throughout sub-Saharan Africa.
From the oil services firms building steel pallets in Takoradi, to marketing firms distributing fuel to industry, Ghana’s petrol companies offer attractive employment opportunities to the upwardly mobile populace. Prince Charles Dedjoe, the executive chairman of the Chadeco Group, told OBG, “The oil and gas sector is poised for growth, but the...
Harnessing domestic natural gas to power the electrical grid will be one of the most immediate economic benefits of the recent hydrocarbons finds. The government is racing to construct the infrastructure to transport the gas produced at the Jubilee field, turn it into feedstock, and supply Takoradi’s thermal power plants. However, the project has...
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