Yes, you are correct. Gold is one of the natural resources from West Africa that had a significant impact on the growth of Ghana. Ghana was historically known as the Gold Coast due to its abundant gold reserves. The gold trade played a crucial role in attracting European traders and was a major source of wealth for the indigenous Akan kingdom of the region. It contributed to the development of both local and international trade networks and stimulated economic growth in the region. Furthermore, the gold trade also influenced the establishment of colonial presence in Ghana by European powers.
