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May 02, 20170183;32;In Africa, Chinese mining investments have increased 25 fold in just 10 years, from stakes in a handful of mines in 2006 to more than 120 in 2015. As its economy has slowed recently and commodity prices have plunged, China has sharply reduced some of its imports, causing a few boom areas, like Western Australia, to go bust.
Mining is one of the oldest industries to have ever developed in West Africa. Mining existed in Ghana long before the colonial era. The mining sector is an important segment of the Ghanaian economy and has played a significant role in the country's socioeconomic development since the colonial period.