page_title: African socialism
section_title: Kwame Nkrumah and Nkrumahism
hierarchical_section_title: African socialism / Variants / Kwame Nkrumah and Nkrumahism
caption_attribution_description: Kwame Nkrumah during a state visit to the United States
context_page_description: African socialism is a belief in sharing economic resources in a traditional African way, as distinct from classical socialism. Many African politicians of the 1950s and 1960s professed their support for African socialism, although definitions and interpretations of this term varied considerably. These politicians include Julius Nyerere of Tanzania, Kwame Nkrumah of Ghana, and François Tombalbaye of Chad, among others.
context_section_description: Nkrumahism was the political philosophy of Ghana's first post-independence president Kwame Nkrumah. As one of the first African political leaders, Nkrumah became a major figure in the left-wing pan-African movement. In his piece A declaration to the colonial peoples, Nkrumah called on Africans to "...affirm the right of all colonial peoples to control their own destiny." and that "All colonies must be free from foreign imperialist control, whether political or economic.". His focus on economic and political freedom would prove to be a fundamental part of his overarching political philosophy, combining the nationalist independence movement in his home country of Ghana along with left-wing economic thought.
  A major figure in the Ghanaian independence movement, Nkrumah came to power shortly after Ghana gained its independence in 1957. Once in power, he began a series of infrastructural and economic development plans designed to stimulate the Ghanaian economy. $16 million was designated to be used to build a new town in Tema to be used as an open seaport for Accra and the eastern region of the country. The government designed a new plan to tackle issues surrounding illiteracy and lack of access to education, with thousands of new schools being built in rural areas.
  Determined to industrialize the country rapidly, Nkrumah set out to modernize Ghana's economy in order to better compete with the West. In turn, his government embarked on a strategy of slowly increasing the amount of government-controlled firms in the country while simultaneously putting restrictions on privately-owned companies operating in Ghana. By 1965, the state-controlled 50% of the insurance industry within the country, 60% of all bank deposits were deposited at state-run banks, 17% of the country's sea-bound cargo was handled by state-run firms, 27% of all industrial production was either produced by state-run firms or firms in which the state-controlled a considerable portion and 35% of the country's total imports were handled by the government.
  Nkrumah also pushed for Ghana to become an international advocate for the spread of socialism and pan-Africanism throughout the newly independent African states. As the first African colonial state to be granted independence, Ghana became an inspiration to many of the nascent left-wing independence movements throughout the continent. In 1958, Nkrumah helped found the Union of Independent African States, a political union between Ghana, Mali, and Guinea. Though the union was short-lived, the proposed political organization marked the first attempt at regional unity among newly established African republics.
  Nkrumah was also instrumental in pushing Ghana towards the major Communist powers, including the USSR and the PRC. In 1961, he made his first official visit to Moscow, receiving an honorary degree from the University of Moscow. In a speech given in Accra given in front of a visiting Soviet delegation in 1963, Nkrumah said, "We in Ghana have formally chosen the socialist path and we will build a socialist society... Thus our countries, the Soviet Union and Ghana, will go forward together."
caption: Kwame Nkrumah, the first President of Ghana
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