History of Africa the country's first multiracial presidential election. Following World War II, nationalist movements arose across West Africa, most notably in Ghana under Kwame Nkrumah. In 1957, Ghana became the first sub-Saharan colony to achieve its independence, followed the next year by France's colonies; by 1974, West Africa's nations were entirely autonomous. Since independence, many West African nations have been plagued by corruption and instability, with notable civil wars in Nigeria, Sierra Leone, Liberia, and Ivory Coast, and a succession of military coups in Ghana and Burkina Faso. Many states have failed to develop their economies despite enviable natural resources, and political
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.