On 6 March 1957, Ghana, under the leadership of Kwame Nkrumah, gained independence from British rule, ending decades of white minority dominance. Ghana played a central role in the decolonisation of Africa. The country’s independence was significant for the continent as it resembled the collective strength of the African spirit, and served as a precedent for many African countries to break free from the clutches of colonial rule.
Despite its small size and population of about 28 million, Ghana has one of the strongest economies on the continent. The country’s primary economic driver is its trove of natural riches. Ghana benefits significantly from its exports of precious metals such as gold, aluminum, and diamonds. Oil and agriculture are also major pillars of Ghana’s economy. The agricultural sector contributes around 20% of the country’s GDP and is the largest employer in the country.
In recent years, Ghana’s economy grew annually by an average of 6%, reaching a record 15% in 2011. While growth slowed in the following years, predictions suggest that the country will post a remarkable growth of 7.5% in 2017.