The AfricaNews articles of ovie magbegor
Ghana's Oil Revenue for Whom
- Many Ghanaians are excited about the discovery of crude oil and its expected revenue. The general feeling is that, money is expected to flow to all pockets hence; politicians would be able to fulfill their election promises. However, many may be thrilled but not majority and those with thinking caps; who know that all African countries with resources especially only turn out worst than when such resources where not discovered. Their reasons for not being excited is not far fetched, who will blame them? For years the benefit of gold, diamond, cocoa and other mineral export has not brought any seemingly benefit to majority of the country. Rather majority still wallow in chronic…Globa Comm: Africa's Telecomm Giant
- A truly sub-Saharan telecommunications company has landed infact it has been in existence since 2003. It was the third telecommunications network in Nigeria after, MTN, then ECONET. Globacomm lead by its ever inspiring founder, leader and President Dr. Mike Adenuga Jr. has been able to prove to doubting critics especially those who think that nothing good ever emanates from Africa and Nigeria in general, that as African it ca be achieved. In 2007 it signed a contract with Alcatel -Lucent (Paris: Euronext & NYSE: ALU) to deploy a nation wide fixed and mobile network as well as next generation, IP/MPLS and optical network solution. The aim is to allow f…Climate Change and Sub-Saharan Africa
- The ongoing debate in Denmark on climate change has to be very worrying for the African continent, not when we have almost all our investment being controlled by foreign investors notably China that the West ahs moved another gear to sustainable energy and cleaner environment. Cutting down emission of gases in all sectors of the economy as it normally said ‘to safe guard the environment’ What is in this for Africa, well high cost of living, which might lead to reduced investment in most sub-Saharan countries why? Because; with the world expecting green gases globally. The investors are going to milk the continent drier by stating the huge amount of capital that they would…Is OPEC good for Ghana?
By 2010/2011 Ghana will join the list of nations producing the much converted nature's gift to Africa and the world at large, 'Crude Oil'. This is regardless of its crude quantity per-day. - Though various issues have sprung up, an important aspect being overlooked is whether the Organization of Petroleum Exporting Countries (OPEC) is of benefit to Ghana. What does OPEC do? Simple! It basically tries or influences the price of crude oil globally. It is a force to reckon in the petroleum industry.
Currently OPEC has 12 members namely, Saudi Arabia, Libya, Kuwait, Iran, Iraq, Nigeria, Angola UAE, Venezuela, Qatar, and Indonesia. OPEC was formed by Venezuela during the oil boo…The final whistle
During the last round of football matches for next year's world termed SA2010 there was tension every where those matches were going to be played from Europe, Asia and our beloved continent of Africa. - However while all the qualifiers have been known since the 18th of November one particular incident has been raging on since then. The result of that incident broke the hearts of a country called Rep of Ireland and many football pundits have made various statements since then.
What was the matter with the match they played against the French national side; it was a controversial goal worked by the captain of the French national side for a team mate to score and qualify them to the fi…
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