Although retail activity in Ghana has been historically hampered by the lack of Grade-A retail space and limited purchasing power, a growing middle class and strong demand for top-tier retail options has sparked a number of developments offering new opportunities to international developers and retailers looking to tap into an eager consumer base....
As government infrastructure initiatives and strong real estate growth spur expansion in the construction industry, cement producers in Ghana have felt the effects of high demand keenly. Although undersupply was an issue in 2012, a number of new facilities under construction set to begin production in 2014 should keep the industry’s three major...
The influx of capital and burst of growth that followed Ghana’s discovery of oil in 2007 led to a construction boom in 2011-12, evidenced by the cranes dominating the Accra skyline. Although energy tariffs are rising, revenues from oil, cocoa and gold are flowing into state coffers and gas production is scheduled to commence in late 2013, meaning...
Property development in Ghana is growing, with increased demand in the residential, office and retail segments in major urban areas. Currency fluctuations and high levels of inflation have limited expansion, and high interest rates continue to dampen lending activity. However, developments in Grade-A property, spurred by an influx of foreign...
What do developers need to bear in mind to source funding and to manage cash flows effectively?
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