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Ghana takes first position in list of gold producers in Africa: World Bank


Devdiscourse News Desk accra
Updated: 10-05-2019 01:58 IST
Ghana takes first position in list of gold producers in Africa: World Bank

The program is already implementing activities focusing on agricultural drivers of deforestation by working with cocoa farmers and communities to rehabilitate and protect forest reserves. Image Credit: Wikimedia

A data released by the World Bank claims that Ghana is the first-largest producer of gold in Africa.

According to the World Bank, Ghana exported 158 tons of gold in 2018, about 15 percent increase over the previous year. The West African country has thus dethroned South Africa and returned to the high volumes of the 1980s. Mining firms operating in the country include Newmont Mining Corporation, Gold Fields, Anglogold Ashanti and Asanko Gold.

Rural communities in four regions of Ghana currently affected by the environmental damage and pollution associated with destructive artisanal mining and logging practices are to benefit from a scale-up of the Ghana Forest Investment Program. The World Bank approved this week additional financing of USD 19.39 million to the program, as reported by The North Africa Post.

The program is already implementing activities focusing on agricultural drivers of deforestation by working with cocoa farmers and communities to rehabilitate and protect forest reserves.

The additional financing operation aims at complementing these activities by piloting approaches to and benefits of reclamation of mining sites, which will reduce erosion currently polluting public watercourses and engage the private sector in plantation development to reduce pressure on natural forests.

Also Read: UN General Assembly's President Espinosa Garcés arrives in Ghana

COUNTRY : Ghana

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