Liberia Liberia Liberia (), officially the Republic of Liberia, is a country on the West African coast. It is bordered by Sierra Leone to its west, Guinea to its north and Ivory Coast to its east, the Atlantic Ocean to its south. It covers an area of and has a population of around 4,700,000 people. English is the official language and over 20 indigenous languages are spoken, representing the numerous ethnic groups who make up more than 95% of the population. The country's capital and largest city is Monrovia. Liberia began as a settlement of the American Colonization Society (ACS), who
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.