Ghana

Southeast Ghana, particularly the Greater Accra region, is emerging as the next destination for expansion in residential and industrial development. With its favorable climate and abundant natural resources, Ghana has become a hotspot for opportunities and growth in recent years. The economic policies and cultural landscape of the country have attracted investors and individuals from neighboring...

Machine Cut Stones as Foundation Blocks in Ghana Houses One of the major problems in building houses in the waterlogged parts of Ghana and most other places in coastal Ghana is how the concrete laid blocks and cement fabricated blocks absorb salty water from the ground. This mechanism results from the salty nature of the groundwater in these areas because Accra used to be covered with large amounts of...

ACCRA - Ghana's consumer inflation accelerated slightly to 42.2% year on year in May, up from 41.2% in April, the statistics service said on Wednesday. The West African nation is grappling with its worst economic crisis in a generation and is restructuring its debt. Authorities turned to the International Monetary Fund for a support package in July last year after rampant inflation spurred street...

Interview with Alaa Zayed, Co-Founder and CEO at VAAL Real Estate Ghana Could you introduce yourself and your projects? I am Alaa Zayed, the CEO and co-founder of VAAL Real Estate in Ghana. With over 20 years of experience in the real estate industry, we started our journey in Egypt where we delivered more than 100 certified projects in the capital. In 2016, we expanded our operations outside...

In making the decision to acquire a property, it is important to understand the dynamics and the kinds of things to note in order to make the right choice. One of my favourite quotes in Real Estate is by William Penn Adair. He says, “Find out where the people are going and buy the land before they get there.” This quote resonates with me in so many ways and inspires my constant admonishing of...

Interview with Erdinc Asar, Managing Director of Acacia Build Ltd Can you outline the steps you took when setting up your business in Ghana When we first came to Ghana, we did some feasibility studies. We looked especially at Accra, Kumasi, Takoradi and other places. We understood that this country needs lifestyle concepts and that does not mean just selling four walls to people. We want to sell...

Accra, the dynamic capital city of Ghana, is a captivating destination that offers an immersive experience in West African culture and history. With its diverse attractions, from historical landmarks to lively markets and stunning beaches, Accra has emerged as a popular tourist hub. As the economic and administrative center of the country, the city combines modern developments with a rich cultural...

There has been significant growth in Ghana's real estate sector over the past five years. It is one of the fastest-growing sectors in Ghana. This sector comprises the office market, the retail market, the industrial market and the residential market. OFFICE AND RETAIL Ghana's office and retail market is run primarily by the private sector. However, demand for this sector is higher in the Greater...

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...