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The [[CIA]] organized a coup against Nkrumah on 24 February 1966. At least 1,600 people died in the coup, which was also supported by [[Canada]] and the United Kingdom. The National Liberation Council that took power after the coup privatized state-owned businesses. The [[International Monetary Fund|IMF]] convinced the military junta to end Ghana’s industrialization program.<ref>{{Web citation|author=Charles Quist-Adade|newspaper=[[CovertAction Magazine]]|title=How Did a Fateful CIA Coup—Executed 55 Years Ago this February 24—Doom Much of Sub-Saharan Africa?|date=2021-02-24|url=https://covertactionmagazine.com/2021/02/24/how-did-a-fateful-cia-coup-executed-55-years-ago-this-february-24-doom-much-of-sub-saharan-africa/|archive-url=https://web.archive.org/web/20220126041140/https://covertactionmagazine.com/2021/02/24/how-did-a-fateful-cia-coup-executed-55-years-ago-this-february-24-doom-much-of-sub-saharan-africa/|archive-date=2022-01-26|retrieved=2022-08-03}}</ref> | The [[CIA]] organized a coup against Nkrumah on 24 February 1966. At least 1,600 people died in the coup, which was also supported by [[Canada]] and the United Kingdom. The National Liberation Council that took power after the coup privatized state-owned businesses. The [[International Monetary Fund|IMF]] convinced the military junta to end Ghana’s industrialization program.<ref>{{Web citation|author=Charles Quist-Adade|newspaper=[[CovertAction Magazine]]|title=How Did a Fateful CIA Coup—Executed 55 Years Ago this February 24—Doom Much of Sub-Saharan Africa?|date=2021-02-24|url=https://covertactionmagazine.com/2021/02/24/how-did-a-fateful-cia-coup-executed-55-years-ago-this-february-24-doom-much-of-sub-saharan-africa/|archive-url=https://web.archive.org/web/20220126041140/https://covertactionmagazine.com/2021/02/24/how-did-a-fateful-cia-coup-executed-55-years-ago-this-february-24-doom-much-of-sub-saharan-africa/|archive-date=2022-01-26|retrieved=2022-08-03}}</ref> | ||
== Economy == | |||
Due to IMF neocolonialism, the Ghanaian cedi has an inflation rate of over 40%.<ref>{{Web citation|author=Nino Brown|newspaper=[[Liberation News]]|title=Interview with the Socialist Movement of Ghana: The IMF and the class struggle|date=2022-12-01|url=https://www.liberationnews.org/interview-with-the-socialist-movement-of-ghana-the-imf-and-the-class-struggle/|archive-url=https://web.archive.org/web/20221201205220/https://www.liberationnews.org/interview-with-the-socialist-movement-of-ghana-the-imf-and-the-class-struggle/|archive-date=2022-12-01|retrieved=2022-12-02}}</ref> | |||
== References == | == References == |
Revision as of 22:12, 2 December 2022
Republic of Ghana Gaana Adehyeman | |
---|---|
Capital and largest city | Accra |
Official languages | English |
Area | |
• Total | 238,535 km² |
Population | |
• 2022 estimate | 32,103,042 |
Ghana, officially the Republic of Ghana, is a country in West Africa.
History
Ghana became independent from the United Kingdom in 1957.
Kwame Nkrumah was a pan-Africanist who led Ghana in the 1960s. He was planning to overthrow colonialism and neocolonialism and unite Africa. He provided funding in training to members of the African National Congress in South Africa who wanted to overthrow apartheid.
The CIA organized a coup against Nkrumah on 24 February 1966. At least 1,600 people died in the coup, which was also supported by Canada and the United Kingdom. The National Liberation Council that took power after the coup privatized state-owned businesses. The IMF convinced the military junta to end Ghana’s industrialization program.[1]
Economy
Due to IMF neocolonialism, the Ghanaian cedi has an inflation rate of over 40%.[2]
References
- ↑ Charles Quist-Adade (2021-02-24). "How Did a Fateful CIA Coup—Executed 55 Years Ago this February 24—Doom Much of Sub-Saharan Africa?" CovertAction Magazine. Archived from the original on 2022-01-26. Retrieved 2022-08-03.
- ↑ Nino Brown (2022-12-01). "Interview with the Socialist Movement of Ghana: The IMF and the class struggle" Liberation News. Archived from the original on 2022-12-01. Retrieved 2022-12-02.