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Ghana was the world's leading producer of cocoa, boasted a well-developed infrastructure to service trade, and enjoyed a relatively advanced education system. [1] At independence, President Kwame Nkrumah sought to use the apparent stability of the Ghanaian economy as a springboard for economic diversification and expansion. [ 1 ]
The area of the Republic of Ghana (the then Gold Coast) became known in Europe and Arabia as the Ghana Empire after the title of its Emperor, the Ghana. [1] Geographically, the ancient Ghana Empire was approximately 500 miles (800 km) north and west of the modern state of Ghana, and controlled territories in the area of the Sénégal River and east towards the Niger rivers, in modern Senegal ...
Ghana was the master of an extensive trade system in the Senegal river valley, ... Map of successor states to the Ghana Empire. This resurgence did not last, however ...
The Ghana, Mali, and Songhai Empires were among the most powerful states in pre-colonial West Africa, controlling and benefiting immensely from trans-Saharan trade. The Mali Empire, under the rule of Mansa Musa , is particularly noted for its extraordinary wealth.
The name Ghana comes from Wagadu, a vast empire in west Africa from the 3rd to 12th centuries; Wagadu was termed Ghana by Arab traders involved in the trans-Saharan trade. Ghana is thought to originate from the title Kaya Maghan of the rulers of Wagadu, which translates as ruler of gold.
The main Asante trade routes were located at the North and South. The northern trade routes involved trade contacts with forest savannah fringes of the Brong districts in modern Ghana, east-central and northern Ivory Coast, Upper Volta and Dahomey. The southern trade route was established at the coast.
Town development in pre-colonial Ghana begun around 1000 and 1700 AD. The first major towns that existed in pre-colonial Ghana included Begho, Bono Manso, Dawhenya and Elmina. The growth of these towns were influenced by factors such as their strategic location, economic and religious attractions, and the presence of large deposits of minerals ...
This system of trading was used in particular in ancient Ghana. It was also used among the Kushites and the Aksumites. The Greek historian Herodotus wrote about the gold trade with Ghana and Carthage: "The Carthaginians also tell us that they trade with a race of men who live in a part of Libya beyond the Pillars of Hercules. On reaching this ...