Did you know that 98.3% of Ghana’s gold is in the hands of multinational corporations, mainly from the US and Canada? Despite being one of the largest exporters of gold in the world, Ghana only sees 1.7% of this return in wealth.
African Stream’s Kenneth Kaigua explains the country’s resource curse, identifying the root problem of foreign capital controlling large-scale operations in the West African country.
Should the country that once led the march towards pan-African unity and economic independence change course or continue being the Western world’s Gold Coast?