 Why are Africans jealous of Ghana? Ghana is a country in West Africa, formally known as the Republic of Ghana. It shares borders with the Ivory Coast in the West, Burkina Faso in the North, and Togo in the East, and spans the Gulf of Guinea and the Atlantic Ocean to the South. Ghana, located in Western Africa, is a massive country with enormous economic and social potential. While Ghana is classified as one of the world's least developed countries, it has one of Africa's fastest expanding economies. It is a low-income economy. GDP per capita in 1999 was US$1,900, based on purchasing power parity, which accounts for Ghana's low prices of many essential commodities. Because of the economic situation, Ghana has a lot of affection, love and jealousy from Africans because of its economic viability, tremendous potential, and political might. Here are just some of the reasons some Africans are jealous of Ghana. Please like, share, comment, and subscribe as we ride along. Economy Private and governmental enterprise coexist in the economy. The services sector accounts for almost three-fifths of GDP, agriculture for nearly one-fifth, and industry for one-fourth. Prior to independence, the government's involvement was primarily limited to providing essential amenities such as water, electricity, railroads, roads, and postal services. Agriculture, trade, finance, and industry were nearly exclusively controlled by private interests, with foreign interests controlling the majority of them save agriculture. According to our econometric models, Ghana's GDP will trend at US$64.00 billion in 2022, with such a high GDP. She is one of Africa's most developed countries, causing envy among her contemporaries. Technology Over the years, Ghana has gradually been advancing in technology to the point of becoming one of the technological giants in Africa. Accra, Ghana's capital, has been a bustling metropolis. Google just launched its first artificial intelligence, AI. Facility in Africa, and now Twitter has selected Accra once again as its African headquarters. Other African countries, particularly Nigeria, were thrown into a frenzy as a result of these two incidents. Nigeria's GDP is more than seven times that of Ghana's, and it expects to receive the lion's share of international investments, but it has recently been losing ground to Ghana in nations like Ethiopia, Nigeria, South Africa, and others. There were raging debates in television studios and on social media over why Ghana had stolen March on them. The news received much more attention as Twitter advertised employment openings in Ghana for its office. Twitter selected Ghana for a simple reason. As a champion of democracy, Ghana is a proponent of free expression, internet freedom, and the open internet, of which Twitter is also an advocate. It's stated in a statement. The recent nomination of Ghana to host the African Continental Free Trade Area, Secretary-at-Corresponds with our larger goal of establishing a presence in the region to help our efforts to improve and personalize our service across Africa. In November 2019, Twitter CEO Jack Dorsey made his first trip to Africa. During his trip, he stopped in Ghana, Ethiopia, Nigeria, and South Africa. Nigeria has great expectations for Twitter's arrival. Manufacturing Since independence, Ghana's government has pursued various industrialization policies, resulting in the establishment of a diverse range of manufacturing industries, including food, beverages, tobacco, textiles, clothing, footwear, timber and wood products, chemicals and pharmaceuticals, and metals, including steel and steel products. These are mostly produced for domestic use. The maintenance of a reasonable balance of external trade was one of the program directions of the five-year plan for 1975 to 1980, and a number of industrial initiatives were geared at the export market in the medium or long term. Auto companies moves to Ghana. Nigeria is not a big market since it has less than 200 million people, according to a wise guy compared to Nigeria. A market is defined by the number of people who can afford a product. With nearly half of Nigerians living in extreme poverty, certain items are out of reach. Furthermore, the other half of the country, which is not in poverty, is separated into numerous groups. A brand new car is out of reach for the vast majority of people. In the long run, Nigeria's market for new vehicles is extremely modest. The situation in Ghana may not be much different, but the firms appear to have faith in the country. Volkswagen, Suzuki, Toyota, and Nissan are among the automakers that have chosen to establish a manufacturing facility in Ghana. Nigeria could need those employment, which it has now lost to its friendly neighbors. Ease of doing business in Ghana. Did you know that registering a property in Nigeria is the most difficult task in sub-Saharan Africa? Nigeria was ranked 48th out of 48 nations in the World Bank's 2020 ease of doing business index for Africa. While Nigeria is ranked 131st in the world for doing business, Ghana is ranked 118th. This means that paying taxes, getting power, registering a house, and doing business in Accra is easier than in Lagos. The World Bank acknowledges that Nigeria has made significant progress in this area, although Ghana has remained ahead of Nigeria. Politics. Not only does Ghana has the one of the best democracies in Africa, she is a role model of peace and stability in the West and the entire Africa. Ghana stands out as an optimistic success story in West Africa, a region characterized by political instability of varied magnitudes, ranging from coups, political turmoil, violent sectarian conflicts, to simmering political tension even in some ostensibly stable countries. Apart from being the first country in sub-Saharan Africa to gain independence from a colonial power, the country has emerged as the epitome of African democracy and decent governance after years of political turmoil. Ghana's President Nana, a Cufo Addo, has once been the chairman of ECOS. These are just a few of some of the reasons that Africans are jealous of Ghana. If you found this video interesting, please make sure to like, share, comment, and subscribe to Africa Reloaded for interesting videos. Do not forget to subscribe to Africa Reloaded.