Tag: Crude Oil
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π±π· Liberia’s Potential Oil Discovery: Grand Bassa Seep Ignites Hope and Calls for Caution
Grand Bassa County, Liberia β For a nation weary from economic hardship, the news that spread on December 3, 2025, felt like a gift: residents of Compound Two in Grand Bassa County reported a strange, dark liquid seeping from the ground, widely believed to be crude oil. Social media quickly flooded with videos of townspeople…
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IMF predicts Uganda’s economic growth will reach double digits next year due to crude oil production
According to an International Monetary Fund (IMF) report released late Wednesday, Uganda’s economy is anticipated to grow by 10.8% in the 2025/2026 fiscal year, starting in July, a significant increase from the previously expected growth rate of 6.2%. After nearly two decades of delays, Uganda is on the verge of beginning the production and export…
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