Ghana

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...

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...

Fitch Solutions is forecasting a 43% depreciation of the cedi to the US dollar in 2022. It is also projecting a 30.1% fall in the value of the cedi to the American currency in 2023, which means the woes of the local currency will not get better anytime soon. Disclosing this in its latest report on the country dubbed “Ghana’s Private Infrastructure Investment Set For Medium-Term Recovery”, it...

The Ghana Civil Aviation Authority has banned an aircraft with Delta Air Lines, with registration N195DN, from flying to Ghana. According to the Authority, the decision follows the failure of the company to investigate and address technical issues regarding the aircraft in question, which left several Accra-bound passengers, including Ghanaians, stranded at the JFK airport on July 24, 2022. The crew...