BusinessNews

Oil promises — Ghana’s dreams of black gold

1 Mins read

When oil was discovered in Ghana in 2007, the country began to dream big, hoping that the “black gold” would bring economic upswing and long-awaited prosperity to its nation. But what happens when dreams and globalization meet?

The global economy continues to rely on oil — but the so-called ‘black gold’ is becoming scarce. If a country has oil, so we tend to believe, it has all it needs to become a wealthy country. When oil was discovered in Ghana in 2007, Ghanaians also believed that economic prosperity would soon sweep over their country.

By 2010, drilling had started. Ghana was determined to do better than Nigeria, a country that exports oil, but has to import gasoline. This documentary, shot over a period of ten years, is a case study of globalization.

Filmed in a coastal region where people lived off fishing and rubber cultivation for decades, it shows the impact the oil discovery has had on their lives. Would the promises come true? Would the ‘black gold’ bring modern life and progress, paved streets, electricity and jobs even to small villages?

Filmmaker Elke Sasse and journalist Andrea Stäritz spent ten years documenting the developments on Ghana’s western coast.

Nigerian animator Ebele Okoye adds her personal perspective through art, as a citizen of a nation hit by the oil curse.

Related posts
BusinessEconomyHeadline

Ghana card ID number replaces TIN April 1 - GRA

1 Mins read
Commissioner-General of the GRA, Rev. Ammishaddai Owusu-Amoah The Ghana Revenue Authority (GRA), in collaboration with the National Identification Authority (NIA) and other…
NewsTravel

Ghana rejects British Airways decision to switch London-Accra-London route

2 Mins read
The Ghana government has rejected the decision by British Airways to switch London-Accra-London route from Heathrow to Gatwick Airport. In a memo…
AgribusinessNews

Chocolate War Leaves Top Cocoa Producer Stuck

4 Mins read
Nobody is suffering more from a global chocolate standoff than the Ivory Coast cocoa farmer. Less than two years after the top…

Leave a Reply

Your email address will not be published. Required fields are marked *