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The economy of the Ashanti Region in southern Ghana is largely self-sufficient, being driven by its service sector as well as by natural resources. The region is also known for its production of manganese, bauxite and agricultural commodities such as cocoa and yam, with the region having low levels of taxation and without much need for foreign direct investment.
Ghana's increasing oil exports as a percentage of all exports. Ghana has 5 billion barrels (790 × 10 ^ 6 m 3 ) to 7 billion barrels (1.1 × 10 ^ 9 m 3 ) of petroleum in reserves. A large oilfield which contains up to 3 billion barrels (480 × 10 ^ 6 m 3 ) of sweet crude oil was discovered in 2007. [ 58 ]
As of 2010, Ghana's cocoa bean exports were valued at $2,219.5 million (US). [25] As of 2017, Ghana is ranked number two for Cocoa exports behind Côte d'Ivoire bringing in a $1,914 per metric ton (2204.6 lbs. • ~$.868/lbs) received; Cocoa is slated to exceed the national average supply by 97,500 metric tons. This massive increase, in turn ...
The Ashanti Region is located in the middle belt of Ghana. It lies between longitudes 0.15W and 2.25W as well as latitudes 5.50N and 7.46N. The region shares boundaries with six of the sixteen political regions: the Bono, Bono East, and Ahafo in the north, the Eastern Region in the east, the Central Region in the south, and the Western Region in the South west.
The Kumasi Central Market, also known as Kejetia Market, is an open-air marketplace in Kumasi, a city in the Ashanti Region of Ghana. The market has over 8,000 stores and stalls, [1] making it the largest single market in West Africa. About 50,000 people visit the market daily, while there are 20,000 vendors operating in it. [2]
The Scientific Services Division was transferred to the National Research Council in 1962 and then to the Ghana Academy of Sciences in 1963 and renamed the Agriculture Research Institute (ARI). In October 1963, the Ghana Academy of Sciences reorganized the ARI into two units - Crops Research Unit (CRU) and Soil Research Unit.
The Ashanti Yam Festival is an annual celebration of the Ashanti people of Ashanti. It marks the first harvest of yams during the autumn season , after the monsoon season. The yam is the staple food crop in Ashanti and most of Africa .
Amakom is a suburb of Kumasi in the Ashanti Region of Ghana. [1] It is located in between Asokwa and Asafo Kumasi. It has a market called Anwona dwam where traders from nearby towns come and sell and buy. It has about close to 10 areas and has contributed to the progress of Kumasi Metropolitan Assembly and Ghana as a whole.