Ghana. During the year, Ghana became the first sub-Saharan country to reach the UN Millennium Development Goal by halving extreme poverty by 2015. However, a large proportion of the population lives in poverty, mainly in the northern parts of the country.
According to Countryaah.com, Ghana population in 2020 is estimated at 31,072,951. The country wrestled with major financial concerns and the national currency, cedi, lost nearly 40% of its value by August compared to the US dollar. The weakening currency led to large price increases, and on May 1, large demonstrations were held with demands for wage increases. The popular pressure of the president, John Dramani Mahama, in July carried out his first major government transformation since he won the presidential election in 2012. However, he gave no explanation as to why he fired some ministers and allowed others to change ministries.
In September, a prolonged border dispute with the Ivory Coast led to Ghana requesting the mediation of a UN tribunal under the UN Convention on the Law of the Sea. According to topb2bwebsites, the boundary line covers an area near an oil field where a British company has a production license. The mediation process is expected to last up to three years.
HUMAN AND ECONOMIC GEOGRAPHY
West African state. At the 2000 census, the population was 18,845,265, rising to just over 22 million at a 2005 estimate. The rate of population growth is low, despite the high fertility rate (3.02 births per woman). Due to the AIDS pandemic, the mortality rate (11 ‰) has increased, similarly to that of infant mortality (51.4 ‰), life expectancy at birth has decreased and changes have also occurred in the same composition by age and by gender. The country is characterized by a certain political stability with strong repercussions on economic growth (+ 5.2% in 2004). The confidence of foreign investors is good, so much so that many activities in the Ivory Coast, following the deep internal crisis that has tormented this country since 2002, have been relocated to Accra. Mali, Burkina Faso and Niger, countries that traditionally started their exports to the Ivorian port of Abidjan, have preferred to use Téma, the port of Accra. According to Abbreviation Finder, GH stands for Ghana in English. Click to see other meanings of this 2-letter acronym.
The three main riches of Ghana are gold, whose production (71,000 kg in 2003) is destined to increase, cocoa, whose prices – like gold – rose in the early 2000s, and forests, which offer precious essences. In addition to cocoa (380,000 t in 2004), other plantation products are palm oil and peanuts, while subsistence crops include maize and cassava. However, the government of this country, which possesses considerable hydroelectric potential, rich mines of bauxite, manganese, iron, gold, diamonds, raw materials for agri-food, has placed limits on the investments of large international companies and has favored, instead, the development of local small and medium-sized enterprises, to which he also recommends the formation of associations (especially in the textile sector), so that the population, and in particular that of inland regions, can benefit from development.