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About: Economy of Ashanti     Goto   Sponge   NotDistinct   Permalink

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The Ashanti economy refers to the economy of Ashanti Region in southern Ghana. It is largely self-sufficient, being driven by its service sector as well as by natural resources, being one of the world's top 10 largest gold-producers, and the second largest cocoa producer. The Ashanti region is also known for its production of manganese, bauxite and agricultural commodities such as cocoa and yam, with the region having low levels of taxation and without much need for foreign direct investment. The Ashanti region's industrial sector is characterised primarily by aerospace with automotive manufacturing and repair of motor vehicles and motorcycles (25.2%), manufacturing (10.5%), other service activities (6.3%) and accommodation and food service activities (6.0%). The Ashanti region spans an ar