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This record saw Ghana surpass South Africa in output for the first time, making Ghana the largest gold producer in Africa. [144] In addition to gold, Ghana exports silver, timber, diamonds, bauxite, and manganese, and has other mineral deposits. [145] Ghana ranks 9th in the world in diamond export and reserve size. [146]
The area of the Republic of Ghana (the then Gold Coast) became known in Europe and Arabia as the Ghana Empire after the title of its Emperor, the Ghana. [1] Geographically, the ancient Ghana Empire was approximately 500 miles (800 km) north and west of the modern state of Ghana, and controlled territories in the area of the Sénégal River and east towards the Niger rivers, in modern Senegal ...
The Government of Ghana was created as a parliamentary democracy, followed by alternating military and civilian governments in Ghana. In January 1993, military government gave way to the Fourth Republic after presidential and parliamentary elections in late 1992.
The Ghana Empire (Arabic: غانا), also known as simply Ghana, [2] Ghanata, or Wagadu, was a West African classical to post-classical era western-Sahelian empire based in the modern-day southeast of Mauritania and western Mali. It is uncertain among historians when Ghana's ruling dynasty began.
A map of Ghana's ethno-linguistic areas. Ghana has more than seventy native ethnic groups. [15] Major native African ethnic groups in Ghana include the Akan at 45.7% of the population, the Mole-Dagbon at 18.5%, the Ewe at 13.9%, the Ga-Dangme at 7.1%, the Gurma at 6.4%, the Guan at 3.2%, the Grusi at 2.7%, Mande at 2% and others at 1.6%.
Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [28] The country is also the second-largest cocoa producer (after Ivory Coast). [29] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in 2005, but government spending was later allowed to balloon.
Europeans reached this region of Africa in 1482, and for centuries afterwards, various European empires and trading companies set up trading posts, known as factories there. They used these colonies to exploit the resources rather than to settle large numbers of subjects. The Portuguese Gold Coast was the first claim. [2]
In 2008, the World Bank estimated that Accra's economy only constituted around US$3 billion of Ghana's total gross domestic product (GDP). [48] The economically active population of Accra is estimated to be 823,327. Accra Central, Accra, Ghana. Accra is a centre for manufacturing, marketing, finance, insurance, and transportation.