Ghana, officially the Republic of Ghana which was formerly called Gold Coast, is a country along the Gulf of Guinea and the Atlantic Ocean, in the subregion of West Africa. Spanning a land mass of 238,535 km2 (92,099 sq mi), Ghana is bordered by the Ivory Coast in the west, Burkina Faso in the north, Togo in the east, the Gulf of Guinea and the Atlantic Ocean in the south. Ghana means "Warrior King" in the Soninke language.
The economy of Ghana has a diverse and rich resource base, including the manufacturing and exportation of digital technology goods, automotive and ship construction and exportation, and the exportation of diverse and rich resources such as hydrocarbons and industrial minerals. These have given Ghana one of the highest GDP per capita in West Africa. Owing to a GDP rebasement, in 2011 Ghana became the fastest-growing economy in the world.
Manufacturing is the production of goods through the use of labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products, or distributed via the tertiary industry to end users and consumers.
The president of the Republic of Ghana is the elected head of state and head of government of Ghana, as well as commander-in-chief of the Ghana Armed Forces. The current president of Ghana is Nana Addo Dankwa Akufo-Addo, who won the 2020 presidential election against former president, John Dramani Mahama, by a margin of 4.23%. He was sworn into office for his second term on 7th of January 2021.
The Lisbon Strategy, also known as the Lisbon Agenda or Lisbon Process, was an action and development plan devised in 2000, for the economy of the European Union between 2000 and 2010. A pivotal role in its formulation was played by the Portuguese economist Maria João Rodrigues.
The National Democratic Congress (NDC) is a social democratic political party in Ghana, founded by Jerry Rawlings, who was Head of State of Ghana from 1981 to 1993 and the President of Ghana from 1993 to 2001. Following the formation of the Provisional National Defence Council (PNDC), which ruled Ghana following the military coup d'état on 31 December 1981, there was pressure from the international community to restore democracy. The NDC was formed as the ruling party ahead of elections in 1992, in which Rawlings was elected president, and in 1996 Rawlings was re-elected as the NDC candidate. Rawlings' second term ended in 2001.
The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, or The Group of 24 (G-24) was established in 1971 as a chapter of the Group of 77 in order to help coordinate the positions of developing countries on international monetary and development finance issues, as well as and to ensure that their interests are adequately represented in negotiations on international monetary matters. Though originally named after the number of founding Member States, it now has 28 Members. Although the G-24 officially has 28 member countries, any member of the G-77 can join discussions.
John Evans Fiifi Atta Mills was a Ghanaian politician and legal scholar who served as President of Ghana from 2009 until his death in 2012. He was inaugurated on 7 January 2009, having defeated the governing party candidate Nana Akufo-Addo in the 2008 election. He was previously the Vice-President from 1997 to 2001 under President Jerry Rawlings, and he contested unsuccessfully in the 2000 and 2004 presidential elections as the candidate of the National Democratic Congress (NDC). He was the first Ghanaian head of state to die in office.
Directorate-General for Communications Networks, Content and Technology is a Directorate-General of the European Commission. DG Connect is responsible for managing the Digital Agenda.
John Dramani Mahama is a Ghanaian politician who served as President of Ghana from 24 July 2012 to 7 January 2017.
The Bank of Ghana is the central bank of Ghana. It is located in Accra and was formed in 1957. The bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion.
Osu Castle, also known as Fort Christiansborg or simply the Castle, is a castle located in Osu, Accra, Ghana on the coast of the Atlantic Ocean's Gulf of Guinea. The first substantial fort was built by Denmark-Norway in the 1660s, though the castle has changed hands between Denmark-Norway, Portugal, the Akwamu, Britain, and finally post-Independence Ghana, and was rebuilt numerous times. For most of the castle's history, it has been the seat of government in Ghana with some interruptions, the latest when the John Kufuor administration moved the seat of government to Golden Jubilee House after 6 January 2009, which was quickly reversed by the incoming John Atta Mills administration. It also serves as the place where the late president of Ghana John Atta Mills is buried; in a bird sanctuary, overlooking the Atlantic Ocean.
Agriculture in Ghana consists of a variety of agricultural products and is an established economic sector, and provides employment on a formal and informal basis. Ghana produces a variety of crops in various climatic zones which range from dry savanna to wet forest and which run in east–west bands across Ghana. Agricultural crops, including yams, grains, cocoa, oil palms, kola nuts, and timber, form the base of agriculture in Ghana's economy. In 2013 agriculture employed 53.6% of the total labor force in Ghana.
National Investment Bank, normally abbreviated to NIB, is a state owned commercial bank in Ghana. It is one of the commercial banks licensed by the Bank of Ghana, the national banking regulator.
Ghana Open Data Initiative (GODI) was started in January 2012 by the National Information Technology Agency (NITA) in partnership with the Web Foundation (WF), to make Government of Ghana data available to the public for re-use. The establishment of GODI is meant to promote efficiency, transparency and accountability in governance as well as to facilitate economic growth by means of the creation of Mobile and Web applications for the Ghanaian and world markets. The project was scheduled for completion in 2014 and aimed to create a sustainable Open Data ecosystem for Ghana. GODI was launched with a 100 data sets categorized as political, legal, organizational, technical, social or economic. The vision of GODI is to develop an open data community involving the Government of Ghana, civil society organizations, industry, developer communities, academia, media practitioners, and the citizenry, to interact with one another with the aim of developing an open data portal to bring about transparency, accountability and efficiency in government.
Savannah Accelerated Development Authority (SADA) is a Government of Ghana agency responsible for coordinating a comprehensive development agenda for the savanna ecological zones comprising the three northernmost regions and stretches of Brong Ahafo and Volta Regions that are contiguous to the Northern region of Ghana. Its mandate is to assist in the development of agriculture and industry in the region to help lessen the disparity between its development and that found elsewhere in the country.
The Ministry of Communication and Technology is the government ministry responsible for the development of communication and technology in Ghana. Its mission is to pursue policies that will lead to the cost-effective creation of information and communications infrastructure and services in order to promote economic competitiveness in line with the policy guidelines of the Medium Term National Development Policy Framework (MTNDPF) developed as the basis of the Ghana Shared Growth and Development Agenda (GSGDA). The ministry's offices are located in Accra, Greater Accra.
The Ministry of Fisheries and Aquaculture Development is a ministry in the Ghanaian government that concentrates on carrying out development interventions to move the fisheries sector and the industry to contribute efficiently to the overall development of the Ghanaian economy. This forms part of the 2014-2017 Sector Medium Term Development Plan.
Climate change in Ghana is impacting the people in Ghana in several ways as the country sits at the intersection of three hydro-climatic zones. Changes in rainfall, weather conditions and sea-level rise will affect the salinity of coastal waters. This is expected to negatively affect both farming and fisheries. The national economy stands to suffer from the impacts of climate change because of its dependence on climate sensitive-sectors such as agriculture, energy, forestry. Moreover, access to freshwater is expected to become more challenging and reduced water supply will have a negative impact on hydropower which provides 54% of the country's electricity capacity. Additionally, Ghana will likely see more cases of malaria and cholera since both are impacted by changes in water conditions.
Ghana COVID-19 Alleviation and Revitalisation of Enterprises Support was launched by Nana Akufo-Addo on 18 November 2020 in Accra. Some source also claimed it was launched by Yaw Osafo-Maafo. The program is in two phases. It is also known as "Obaatan Pa”. The program is claimed to serve as a 'blueprint' for Ghana's economy recovery post COVID-19. According to Osei Kyei Mensah Bonsu, the Ghana CARES program 'is the boldest and biggest economic recovery program in the country’s history, will enable the country to turn the challenges created by COVID-19 into opportunities for socioeconomic transformation'.
