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The Ashanti economy refers to the economy of Ashanti Region in southern Ghana. It is largely self-sufficient, being driven by its service sector as well as by natural resources, being one of the world's top 10 largest gold-producers, and the second largest cocoa producer. The Ashanti region is also known for its production of manganese, bauxite and agricultural commodities such as cocoa and yam, with the region having low levels of taxation and without much need for foreign direct investment. The Ashanti region's industrial sector is characterised primarily by aerospace with automotive manufacturing and repair of motor vehicles and motorcycles (25.2%), manufacturing (10.5%), other service activities (6.3%) and accommodation and food service activities (6.0%). The Ashanti region spans an area of 24,389 km2, and according to the 2000 census, the region had a population of 3,612,950, most of whom (94.2%) were ethnic Akans, of whom 82.9% were ethnic Ashanti. The capital of the region is Kumasi, which with a population of 2,069,350 as of 2013 represents a high level of urbanisation within the state. In 2014, Ashanti region's industrial minerals mining, specifically gold mining, provided 96% of Ashanti's exports and the Ashanti autonomous region's gross state product increased from ₵172 billion ($47.7 billion) in 2007–2008 to ₵1.06 trillion ($296.1 billion) in 2014–15 with a gross regional product (Nominal) per capita of $26,922. (en) |
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1930.0 Kantanka Android Humanoid Robot manufactured in Kumasi (en) Grilled Tilapia in Ghana (en) Social Security and National Insurance Trust headquarters (en) Kantanka Electric Otumfo SUV manufactured in Kumasi the capital of Ashanti region (en) Gold mining in Ashanti : Gold bars, manganese, bauxite, timber and cocoa are a few of Ashanti's leading export commodities (en) Alex Lu; with Ashanti Rlg Communications manufactured; 2-in-1 PC and Smartphones. Alex Lu is the global manager of ethnic-Ashanti state-owned indigenous electronics corporation Rlg Communications specializing in electronics industry and consumer electronics. (en) Gold Bullion Bars gold-standard currency utilizing China international payment system, along with manganese, bauxite and timber is Ashanti's leading tangible asset produced commodity. (en) Theobroma Cacao and Cacao; Ashanti region is the second-largest cocoa producer on Earth. (en) Cell Site (or Cell Tower) of Surfline Communications in Adum, in Subin sub-metro of Kumasi Metropolitan Assembly in Ashanti inland island Ethnarch of Ashanti people ethnic group Kingdom Absolute Monarchy by the Ashanti Emperor King Asantehene. (en) Fish pond in an inland valley of the Ashanti Region. (en) |
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Sawah rice cultivation in inland valleys in Ashanti region, Ghana - panoramio .jpg (en) Alex Lu RLG Communications Global Manager.jpg (en) Grilled Tilapia Ghana.JPG (en) Harper Road, Adum - Kumasi, Ashanti, Ghana.jpg (en) Kantanka-Otumfo.jpg (en) Kingdom of Ashanti .jpg (en) Theobroma cacao - fruit, from inside, beans.jpg (en) Fishpond in inland valley in Ashanti region, Ghana - panoramio.jpg (en) |
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The Ashanti economy refers to the economy of Ashanti Region in southern Ghana. It is largely self-sufficient, being driven by its service sector as well as by natural resources, being one of the world's top 10 largest gold-producers, and the second largest cocoa producer. The Ashanti region is also known for its production of manganese, bauxite and agricultural commodities such as cocoa and yam, with the region having low levels of taxation and without much need for foreign direct investment. The Ashanti region's industrial sector is characterised primarily by aerospace with automotive manufacturing and repair of motor vehicles and motorcycles (25.2%), manufacturing (10.5%), other service activities (6.3%) and accommodation and food service activities (6.0%). The Ashanti region spans an ar (en) |
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Economy of Ashanti (en) |
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