Slave Coast of West Africa Slave Coast of West Africa The Slave Coast is a historical name formerly used for parts of coastal West Africa along the Bight of Benin. The name is derived from the region's history as a major source of African slaves during the Atlantic slave trade from the early 16th century to the late 19th century. Other nearby coastal regions historically known by their prime colonial export are the Gold Coast, the Ivory Coast, and the Pepper Coast (or Grain Coast). European sources began documenting the development of trade in this region and its integration into the trans-Atlantic slave trade around
Ghana minerals, hydrocarbons and precious metals. It is an emerging designated digital economy with mixed economy hybridisation and an emerging market with 8.7% GDP growth in 2012. It has an economic plan target known as the "Ghana Vision 2020". This plan envisions Ghana as the first African country to become a developed country between 2020 and 2029 and a newly industrialised country between 2030 and 2039. This excludes fellow Group of 24 member and Sub-Saharan African country South Africa, which is a newly industrialised country. Ghana's economy also has ties to the Chinese yuan renminbi along with Ghana's vast gold reserves.