Ghana's maritime boundary victory to spark oil bounty

Accra

GHANA'S "long and arduous journey" to boost offshore oil exploration and extraction will be fuelled with billions of extra dollars after a key court victory over Ivory Coast.

Thanks to efforts by successive governments and conquering lawyers at the International Tribunal on the Law of the Sea (ITLOS) over a disputed maritime boundary with Ivory Coast which resulted in a ruling in Ghana's favour, the money will soon will be pouring in.

Ghana has produced oil commercially since 2010, leading to a burst of growth that transformed it into an e…