Obama’s Africa agenda, our business and democracy

Obama is in Ghana principally for America’s core strategic interests: Oil. I know that oil and stable access to oil are vital parts of U.S national security interest across the west African Gulf of Guinea region. Ghana recently discovered billions of barrels of oil reserves. U.S corporations, especially Exxon Mobil and Chevron are also investing heavily in the area. Operationally, the U.S has re-fueling hubs in Ghana. Also, worthy of note is the US National Intelligence Council (NIC) estimates that by 2015, 25 percent of American oil imports will be derived from west Africa. It is roughly 14 to 16 percent to date, amidst massive disruptions in Nigeria’s Niger Delta. Ghana is stable while the Middle East and parts of Nigeria are increasingly dicey for America’s hard-nosed, long-term interests. Ghana is certainly valuable to the U.S convergence of interests on the arenas of military, oil and democratic credentials.