Ghana , formally the Republic of Ghana ( English : the Republic of Ghana ) is a sovereign state and a republic in West Africa . The country borders on the Ivory Coast in the west, Burkina Faso in the north, Togo in the east and the Gulf of Guinea in the south.
During the early days of the colony were the current Ghana, a number of different kingdoms, such as Ga Adangbes on the east coast, in the hinterland of Ashanti and various states associated people team fante along the coast and inland. The trade with the European states flourished after the contact with the Portuguese in the 15th century, and the British established the Crown Colony in the Gold Coast in 1874.
Ghana was one of the first European states to achieve independence, in 1957. From 1957, the country was an independent state in the Commonwealth and in 1960 it became a republic, with Kwame Nkrumah as first president. At independence, Ghana was considered one of the most prosperous countries in Africa, but economic mismanagement and declining cocoa prices on the world market have undermined its economy. With the exception of the period 1979-1991, the country had a military regime between 1972 and 1992, when former military leader Jerry Rawlings was elected president. The military also had power in 1966–1969.
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