Black gold in Ghana: prize or poison?

The transcript discusses the discovery of oil in Bayingana, Africa, highlighting its potential economic impact and the community's demands for compensation and infrastructure improvements. It covers the roles of government and agencies in managing oil resources, political promises for transparency, and concerns about corruption. The transcript also compares Ghana's situation with neighboring countries and expresses hope that Ghana will avoid the negative consequences often associated with oil wealth.

What is the estimated annual revenue from the oil discovery in Bayingana?

• $5 billion

• $2 billion

• $1 billion

• $500 million

What is the main concern of the local residents regarding the oil discovery?

• Lack of employment opportunities

• Increase in population

• Need for compensation and infrastructure improvements

• Environmental impact

How does the agency in charge of oil resources claim to interact with local communities?

• Through online surveys

• By holding regular meetings and discussions

• By sending newsletters

• Through social media

What is a key promise made by both presidential candidates regarding the oil funds?

• To invest in foreign markets

• To handle the funds transparently

• To reduce taxes

• To increase oil production

Which neighboring countries are mentioned as examples of potential corruption in the oil sector?

• Guinea Bissau, Nigeria, and Angola

• Egypt and Libya

• South Africa and Kenya

• Morocco and Tunisia