A number of key developments in the country are expected to support economic growth in the coming years. A rapidly improving business environment and infrastructural base, the gradual liberalisation of the local currency and increased investment into export-oriented industries are all set to raise living standards and drive the emergence of a large national middle class.
Ghana’s real estate sector has gone through peaks and troughs over the past decade, mirroring the economy’s turn from the oil boom in 2010 to the mid-decade slowdown. The market started to tick upwards in 2018 thanks to a robust economy and the government’s reform programme, and various segments, from highend residential real estate to...
In 2008, for the first time in history, more than half of humanity was living in urban areas. Perhaps the most remarkable observation about this trend is the speed at which it has happened: as recently as 1900 urban areas accounted for 13% of the global population. Towns and cities are seen as the crucibles of opportunity for many rural...
With the construction industry growing at a lively pace, Ghana’s cement market has continued to expand, encouraging both local producers and importers to make investments for the future.
A budget prioritising infrastructure investment, one of the world’s fastest-growing economies and strong demand from demographic growth are the main factors driving the Ghanaian construction industry. Public projects to build and improve roads, railways and social infrastructure are in the pipeline, in addition to the $5bn in UN-backed...
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