Anthony in Axim. Many other European traders came to the Gold Coast to trade. These included the British, Danes and Swedes. In , the Dutch lost interest in the coast and ceded their forts free to the British thus ended a period of Dutch occupation lasting years.
By , the British who were then the only Europeans in the Gold Coast established the crown colony that brought the coastal states under its effective political control. Nana Akufo-Addo won the presidential election in December , tapping into an electorate fed up with a sputtering economy and ready for change.
The erudite year-old human rights lawyer won Ghana enjoys a high degree of media freedom, and the private press and broadcasters operate without significant restrictions. Radio is Ghana's most popular medium, although it is being challenged by increased access to TV. Some key dates in Ghana's history:. The area later became known for growing cacao, the source of cocoa beans. Introduced there in the late 19th century, cacao continues to provide an important export for Ghana.
The educated Ghanaians had always been in the fore-front of constructive movements. However, movements towards political freedom started soon after WWII.
This happened because, suddenly people realised the colonisation was a form of oppression, similar to the oppression they have just fought against. The war veterans had become radical. The myth surrounding the whiteman has been broken. The rulers were considered economic cheats, their arogance had become very offensive.
There was also the rejection of African culture to some extent. Some external forces also contributed to this feeling. Sir Alan Burns constitution of provided new legislative council that was made of the Governor as the President, 6 government officials, 6 nominated members and 18 elected members.
The executive council was not responsible to the legislative council. They were only in advisory capacity, and the governor did not have to take notice. These forces made Dr J. Nkrumah was invited to be the General Secretary to this party.
Their aim was Independence for Ghana. They rejected the Burns constitution. Nkrumah quickly laid the groundwork for fiscal independence within the new country as well, embarking on many economic development projects.
Unfortunately, decades of corruption, mismanagement, and military rule stymied growth and achievement. Originally founded on the site of several Ga settlements, Accra developed into a prosperous trading hub; today it serves as the commercial and educational centre of the county. Kumasi, another prominent commercial centre, is located in the south-central part of the country.
Further Reading. In fact, Ghana is the first country in Sub-Saharan Africa to achieve the Millenium Development Goal 1, which is the target of halving extreme poverty. Ghana has recently become a middle income country.
The discovery of major offshore oil reserves was announced in June , encouraging expectations of a major economic boost. Production officially began at the end of , but some analysts expressed concern over the country's ability to manage its new industry, as laws governing the oil sector had not yet been passed. In July , Ghana secured a million dollar three-year loan from the International Monetary Fund IMF , amid concerns about the impact of the global recession on poorer countries.
The IMF said the Ghanaian economy had proved to be relatively resilient because of the high prices of cocoa and gold. Beside economic development, Ghana has made real progress in good governance, youth and gender empowerment. Important pieces of relevant legislation have been enacted and institutional arrangements improved to promote inclusive society.
Over the last decade, Ghana has enjoyed increasingly stable and deepening democratic governance. Four successful elections in , , and have strengthened the effectiveness of key national institutions, enhanced investor confidence and anchored the new economy in an environment for positive growth.
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