Ghana

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...