Ghana started to export crude oil in commercial amounts, which allowed them to save money.

Compiled By: Prince Henry Danquah, Bora Capital Advisors Ltd.

Ghana has been able to save US$1.4 billion since it started exporting crude oil in commercial quantities.

This was captured in the latest Petroleum Investment Report.

These are funds that Ghana has invested from crude oil export revenue, taxes paid by firms operating in Ghana’s oil area, and rental charges to the state since 2010.

The Petroleum Investment Report showed that, as of June 2025, the Stabilisation Fund, established to help Ghana manage volatile petroleum revenues and cushion the government against potential fluctuations, had a closing book value of US$122 million.

Source: newsthemegh.com