Situated on the Gulf of Guinea in West Africa, Ghana’s natural resource wealth and status as a stable democracy have helped make it a prominent player in the region. It is the world’s second-largest exporter of cocoa, behind Côte d’Ivoire, and one of the continent’s largest gold producers. Recently discovered reserves of oil and gas have powered the economy to double-digit growth in the past decade.
The country has played a leading role in African affairs for decades, having been one of the first states to gain independence on the continent and serving as one of the key centres of pan-Africanism in the post-independence era. That role has continued in recent years, with Ghana playing a central part in regional organisations like ECOWAS and the African Union. Reliance on raw material exports, combined with an income-sensitive population and stubborn poverty levels in the northern regions of the country, have created complications, but Ghana has made significant progress in recent years and has begun to build the necessary foundations for long-term growth.
Equality and energy: President John Dramani Mahama, on sustaining development
Partnering for progress: OBG talks to Alan Yarrow, Lord Mayor of the City of London
Joint effort: OBG talks to Cecilia Malmström, EU Trade Commissioner
Restoring stability: OBG talks to H A Kofi Wampah, Governor, Bank of Ghana (BoG)
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