Why Is Ghana So Rich? GHANA Is Ahead Of The Rest Of THE WORLD😮
Channel: Africa Reloaded
Date: 2022-05-11

Why is Ghana So Rich? GHANA Is Ahead Of The Rest Of THE WORLD😮Ghana is located in the heart of Africa’s Gold Coast, with a 535-kilometer coastline that contains lagoons and mangrove forests. The country’s tropical climate ranges from a Sudanese-like environment in the north with a brief rainy season to the forested Guinean and Guineo-congolian Regions in the southwest, which have a high rainfall regime. Ghana’s economy has traditionally been driven by cocoa exports, and the country is now one of the world’s major cocoa exporters. Agriculture continues to be a major source of income for roughly half of Ghanaians. Natural resources are abundant in the country. Ghana is one of the richer countries in West Africa, thanks to timber, gold, diamonds, bauxite, manganese, and oil. Despite having one of the most prosperous economies in the region, it is nevertheless significantly reliant on international funding. Ghana, like most West African countries, faces significant environmental issues due to its reliance on natural resources for economic development. To facilitate increased cocoa production, large swaths of deep forest have been removed. Localized land degradation and water contamination are caused by mining. A fourth of the population lives along the limited beach strip. 

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