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In 2023, Ghana produced around 4.2 million ounces of gold, contributing to approximately 4% of the world’s total output. The main gold-producing regions are Ashanti, Western, and Eastern regions, with major players including Newmont, Gold Fields, AngloGold Ashanti, and Kinross Gold. Gold exports in 2022 accounted for about 12.3% of Ghana's GDP.
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.
Industry in Ghana accounts for about 24.5% of total GDP. [1] However, Ghana's industrial production is rising at a 7.8% rate, giving it the 38th fastest growing industrial production in the world [ 2 ] due to government industrialization policies.
Miss Grand Ghana 2022; Mpox outbreak in Ghana This page was last edited on 16 February 2021, at 12:43 (UTC). Text is available under the Creative Commons ...
Galamsey in Ghana. Galamsey refers to illegal small-scale gold mining in Ghana. [1] [2] The term is derived from the English phrase "gather them and sell". [3]Historically, galamsey referred to traditional small-scale mining practices in Ghana, where local communities would gather and search for gold in rivers and streams.
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Ongoing — COVID-19 pandemic in Ghana 20 January – A truck carrying explosives to a gold mine explodes after crashing into a motorcycle in Apiate , Western Region ; the explosion destroyed nearby buildings and vehicles, killing 17 people and injuring 59 others.
A significant devaluation of local currency led to significant price increases in 2022. [ 14 ] [ 15 ] In 2024, sachet water currently sells for N50 per sachet, A bag sells between N400 and N500, the increase stikes due to changes in the economy. [ 16 ]