In an effort to address Nigeria’s housing shortage, Fab Realty, a real estate company based in Nigeria, has allocated land to investors at Freedom City Estate in Epe, Lagos. During the recent allocation exercise, Ayomikun Adebayo, managing director of FAB Realty, highlighted the severe housing issues in Lagos caused by population growth, with more than 500,000 people relocating to the city annually....

One of Ghana’s main sources of property destruction, with obvious examples in slums and homes near waterways, has been flooding. The situation has shown itself to be progressive, and it appears that people might not consider their surroundings until something bad occurs. The frequency of floods that have occurred in Accra over the years is a terrible case study. It is devastating to think that a single...

Ghana's consumer inflation slowed to 41.2% annually in April from 45.0% in March, the statistics service said on Wednesday. It was the fourth consecutive month that inflation has slowed, since reaching a more than two-decade high of 54.1% in December. The cocoa, gold and oil-producing nation is facing its worst economic crisis in a generation and is in the process of restructuring its debt in order...

Ghanaians who are contemplating building their own house have been advised to design the building plan in such a way that when their children are no more with them, the houses can be repurposed and rented out. This can avoid loneliness, a Senior Lecturer at the Real Estate Faculty of the Kwame Nkrumah University of Science and Technology (KNUST) Dr Frank Gyamfi-Yeboah said. Speaking on the sidelines of a...

The government has been urged to adequately support the real estate industry to thrive. According to John William Adel, President of real estate firm, Kasa Bazaar, the government must put in place measures to support real estate players to construct affordable houses for Ghanaians. Speaking at the launch of the firm in Accra, the President of Kasa Bazaar also said real estate firms must be...

Futura Construction, the facility company managing The Octagon by Dream Realty in Accra, has recently embarked on a project to redesign the common HVAC system in order to streamline its operation, provide more efficient usage for the different process components, and construct a more sustainable and environmentally responsible system. The immediate benefits of this project are numerous and will greatly...

Real estate is an important sector of the Ghanaian economy and has seen significant growth in recent years. The demand for real estate in Ghana is driven by the country's rapid urbanization and population growth. Additionally, there has been an increase in foreign investment in the sector, particularly in the luxury and high-end residential market. According to data from the Ghana Real Estate...

While real estate markets struggle in the developed world, Ghana remains a hotbed of opportunity.   If you miss the red-hot real estate deals of ten years ago, take heart. Those kinds of deals may be few and far between in your country…but in Ghana, they are still plentiful. Ghana, an English-speaking West African nation endowed with a wealth of natural resources, has witnessed...

In line with Letshego’s purpose to improve lives, the pan-African inclusive finance group is now launching its latest flagship product, Affordable Housing. The product is available to customers in Namibia and Botswana, with rollout plans to the group’s remaining pan-African countries. Citizens across Africa, and many global emerging markets, struggle to access housing for several reasons, including...

The Ministry of Works and Housing (MWH) is hopeful that it will soon complete the necessary processes to establish the Ghana Housing Authority (GHA) to assist the country deal with its 1.8 million housing unit deficit. It is, however, putting in place the required impetus to support the review and enactment of relevant legislations for the operationalisation of the authority with the mandate to...