Client: Foreign, Commonwealth & Development Office
Duration: 2014-2019
Region: Sub-Saharan Africa
Country: Ghana
Solutions: Sustainable Business Economic Growth
The discovery of oil and gas off the coast of Ghana’s Western Region in 2007 greatly changed the country’s development trajectory. Production began in 2010 and rapidly accelerated to reach 100,000 barrels per day in just four years. While investments and operations in the oil and gas sector bring new resources and create opportunities for the local economy, they also bring new challenges. Oil-driven growth around cities has raised the cost of living, affecting primarily the urban poor. Meanwhile, new employment opportunities have attracted migrants from other parts of Ghana who often compete with local residents for jobs, further raising tensions and the risk of conflict.
To address these strains and promote collaborative solutions, the former U.K. Department for International Development (now called Foreign, Commonwealth & Development Office) supported the creation of the Western Region Coastal Foundation (WRCF). The foundation works to improve relationships between oil and gas companies, government agencies, and coastal communities by providing a multi-stakeholder dialogue platform, as well as promotes economic development by building up local value chains related to the oil and gas industry.
Learn how the foundation works by watching this video:
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