Ghana Real Estate Market | 2015 Overview by Dream Realty
“There are still new real estate projects coming into the country which is a good sign for the future. The downturn was expected,” says Karim Ibrahim, Managing Director of Dream Realty.
List of all articles filed under “ghana-economy” category.
“There are still new real estate projects coming into the country which is a good sign for the future. The downturn was expected,” says Karim Ibrahim, Managing Director of Dream Realty.
For a leader who shot to the peak of his political career – the Presidency – through the untimely demise of his boss, getting the love and sympathy of the people in his first days in office was guaranteed. Ghana’s President John Dramani Mahama knows that very well. For once, the politically polarised nation dumped the usual politicking on the streets and media space to grieve and extol the virtues of the late law professor.
Felix Nyarko-Pong, Chief Executive Officer of uniBank Ghana, talks about some of the challenges the Ghanaian economy is facing, such as the prices of commodities going down, cocoa exports slowing and the oil economy remaining flat.
The burgeoning middle class in Ghana is directly affecting the country’s beverage industry, which is growing at about 10 to 15 per cent per annum. Still, the sector has to face some challenges, such as the import of raw materials, an opportunity for investors.
The economy of Ghana is booming and the country is developing fast. However, some challenges such as infrastructure, youth unemployment or energy deficit still have to be faced, and investors have look into turning such challenges into opportunities.
Ghana has been on a path of sustained growth over the past few years and investments in areas such as oil and gas, banking, finance, manufacturing, agriculture, commodities, infrastructure and utilities, among others, are continually on the rise.