African Poverty Profile Of Ghana - 2028 Words

3.1 POVERTY PROFILE OF GHANA It is important to know the nature of poverty in Ghana so as to better appreciate discourse on matters as far as alleviating poverty in Ghana is concerned. According to GLSS 6, a quarter of Ghanaians are poor whilst under a tenth of the population are in extreme poverty. In spite of the fact that the level of extreme poverty is relatively low, it is concentrated in rural savannah, with more than a quarter of the people making up this category. Overall, the dynamics of poverty in Ghana over the years is predominantly a rural phenomenon. Five out of the ten regions have poverty rates lower than the national average of 24.2% whiles the remaining half have rates higher than the national average. Greater Accra is the least poorest region and the Upper West the poorest overall. Though most regions show a reduction in poverty incidence since 2005/06, the pattern of poverty by region remains the same. Rural poverty remains widespread in the dry savannah region that covers roughly two thirds of Ghana s northern territory. Ghana has a rural population accounting for 50% of the total population. Whereas southern Ghana has two growing seasons, the northern plains are very prone to drought; this coupled with a poor economic outlook of the region has further worsened the plight of the region (IFAD 2015). While Ghana s overall poverty rate has declined, these three Northern regions have only seen marginal decrease. Poverty rates in the north are two toShow MoreRelatedU.s. Relations : Foreign Relations848 Words   |  4 PagesU.S.-Ghana Relations U.S. involvement in Africa in general, Ghana in particular, has shown ebbs and flows according to a broad range of factors including, most notably, political stability, economic growth and safety measures. Probably, Obama s much-hyped visit to Ghana in 2009 is an indication of U.S.-Africa s dynamic relation that has historically been centered on aid. Ghana, a West African country, has witnessed a steady economic growth over recent years, and by virtue of her political stabilityRead MoreCountry With High Mortality Rates1213 Words   |  5 Pages Country with High Mortality Rates: Ghana Kamala Sapkota Florida International University Country with High Mortality Rates: Ghana Introduction Ghana is one of the developing countries in the world. Even though now I am living in a developed country, I was also born and raised in a developing country; therefore, I wanted to explore what are the problems on the other part of the world especially African countries. Ghana is said be the country that is doing much better in increasingRead MoreThe Economic Problems of Sierra Leone Essay1693 Words   |  7 PagesSierra Leone or the Republic of Sierra Leone is West African country that borders to the north and east with Guinea, to the southeast with Liberia, and to the west and southwest with Atlantic Ocean. It is a beautiful country with white sand beaches, orange and coconut trees all around, and people of good hearts; however Sierra Leone or Sa Lone in its native language, Krio, has been underdeveloped and was struggling for many years to gain its independence as a British Colony. Even thou, now SierraRead MoreFamily Dynamics : An Amalgam Of Individuals, Sharing Genetic, And S ocial Contract1570 Words   |  7 Pagesin Sub-Saharan Africa. France in particular was largely involved in West Africa. Having colonized almost one third of the dark continent, France undoubtedly left her footprint in what is today’s Senegal and Cà ´te D’Ivoire. These two French Speaking African nations were the epicenter of what was once called French West Africa. The nations truly adopted a French culture and political ideology. For example, in World War II, the Senegalese and Ivoirians fought proudly for their parent country against theRead MoreMigration from developing countries to developed countries should be stopped. Discuss2070 Words   |  9 Pagesmigration could lead to brain drain and income inequality but migration from developing countries to developed countries should not stopped because it provides considerable labor for the shortage of workers in developed countries as well as reducing the poverty in developing countries. Migration should not be stopped because migrants from developing countries are providing a large proportion of worker for labor shortages in developed countries. According to a report from International Business Leader (nRead More The Ivory Coast Overview and Media Analysis Essay1635 Words   |  7 Pagesthe west, Mali and Burkina Faso to the north, Ghana to the east, and the Gulf of Guinea to the south. The location now known as the Ivory Coast was made a protectorate of France during the era of imperialism by a treaty in the 1840s, and became a French colony in 1893. The country gained its independence in 1960, at which point it was led by Fà ©lix Houphouà «t-Boigny until 1993. During these years, the country was closely tied with its West African neighbors economically and politically, but alsoRead MoreComponents Of Area Of Concentration And Learning Objectives Essay1991 Words   |  8 Pageslist relevant various strategies (courses or other learning activities). The energy sector of Ghana is besieged with challenges ranging from the technical to the financial. These challenges have coalesced over time resulting in the current energy crisis and energy insecurity that plagues the country. This situation persist in many other African countries, despite the fact that Africa, and by extension Ghana has a range of energy resources that far exceed the continents and country’s energy requirementsRead MoreMicrocredit: The Solution to Global Poverty Essay1914 Words   |  8 PagesNearly 18 million people die every year from avoidable, poverty-related causes (UNICEF). On the other side of the spectrum, there were more than 1,100 billionaires in the world in 2007 (Singer 9). According to Singer, â€Å"[t]here are about a billion [people] living at a level of affluence never previously known except in the courts of kings and nobles† (9). Peter Singer insists in his book, The Life You Can Save: Acting Now to End World Poverty, that there i s no reason why the rich should not give upRead MoreImplication of Oil and Gas Investment in Ghana15418 Words   |  62 Pagesthe discovery of oil in any location, particularly developing countries, is greeted with great optimism. Such was the case in the golden jubilee year of Ghana’s independence when oil was discovered in commercial quantities in the Western Region of Ghana, the same region noted historically for rubber, forestry and minerals of various kinds. In the golden jubilee fields alone, it is estimated that by 2011, oil production per day would hit 120,000 barrels and the revenue from the oil and gas explorationRead MoreThe Study of Contributions of the Commercial Banks to the Development of Small-Scale Firms13196 Words   |  53 Pagesbanking institution especially commercial banks in Ghana to improve the services of businesses, thus small – scale businesses and the general public have received greater attention from the various stakeholders. The study s eeks to examine the contributions of the commercial banks to the development of small-scale firms (Timber). The objectives of the study are therefore to examine the financial problems faced by small-scale timber firms in Ghana and determine the role played by banking institutions