BBCNEWS BBC News June 4, 2024 15:47:00
Like gold and cocoa. so what's gone wrong? i got the view from bright simons — a ghanaian entrepreneur and business analyst. it all starts with how ghana became a rising star and that was sometime in 2006. it got one of the biggest debt relief packages ever, the second largest in africa. $4.5 billion of debt was wiped out, and that meant it could all of a sudden borrow from international capital markets. it also discovered oil in 2007. combining those revenues meant investment in large infrastructure projects which then transform the fortunes of the country, so that is how ghana became a ris...