There were 74 results found for Ghana and Construction

There were 74 results found.

Overview

What is being done to boost real estate ownership in Ghana?
OBG
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Ghana’s real estate sector has experienced robust growth since 2018 and presents significant opportunities for investment. Increased activity in the midto high-end residential segment, higher transaction volumes – the majority of which occur in Accra and Kumasi – and the arrival of more expatriates have spurred expansion. Sector growth has been facilitated by multiple government initiatives designed…

Analysis

Post-pandemic growth prospects in Ghana's real estate sector
OBG
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The effects of the Covid-19 pandemic have been felt more acutely in some segments of Ghana’s property market than in others. Therefore, sector recovery and growth will likely be fragmented as all areas adapt to medium- and long-term shifts in market dynamics. Office Space In 2019 demand for grade-A office space increased, yet it was significantly outstripped by supply. Average rents that year were…

Analysis

Which sectors will benefit from Ghana's construction plans?
OBG
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As part of a coordinated approach to infrastructure development, the government has launched various construction programmes in recent years that allow for measurable, tangible progress. Agenda 111 In response to Ghana’s shortage of health care facilities that was highlighted by the Covid-19 pandemic, the government launched Agenda 111, which involves the construction of 111 hospitals throughout…

Overview

What will drive construction activity in Ghana?
OBG
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Ghana’s construction sector contributed an average of 7.5% to annual GDP between 2013 and 2020, and following the economic slowdown resulting from the Covid-19 pandemic, the sector looks set to undergo sustained growth in the coming years. Infrastructure development has been an ongoing priority for Ghana’s government, whose approach to advancing the economy has seen it funnel hydrocarbons revenue…

Interview

Kiran Daswani, CEO, The Greens: Interview
OBG
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Interview:Kiran Daswani In what ways do you expect housing demand to shift as Ghana’s economy moves into an economic recovery after the Covid-19 pandemic? KIRAN DASWANI: Historically, an economic recovery leads to a higher demand for housing. This upturn in the economy leads to an increase in property prices, as well as more disposable income in the hands of business owners and salaried workers…

Chapter

The Report: Ghana 2022: Construction & Real Estate
OBG
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The construction sector has the potential to drive Ghana’s GDP growth for years to come. Indeed, it contributed an annual average of 7.5% to GDP between 2013 and 2020. However, this could be impaired in the short term due to the pandemic’s negative impacts on already declining global commodity prices. Nonetheless, the country’s political stability and the activation of the African Continental…

Country Report

The Report: Ghana 2022
OBG
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Ghana is the first African country to achieve independence from British colonial rule, and is widely known for its natural resources such as cocoa, as well as its inland water sources. Several measures have been taken to balance government revenue and spending, and the country remains a safe haven for foreign direct investment, which stood at $830m in the first half of 2021. The most recent genera

Interview

Nana Kwame Bediako, CEO, Kwarleyz Group: Interview
OBG
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Interview: Nana Kwame Bediako How can Ghana increase its use of domestically sourced construction inputs? NANA KWAME BEDIAKO: The opportunity for Ghana to increase domestic inputs relates not just to training our large pool of affordable labour, but also to increasing production of materials needed to fuel the country’s evolution. Having to import all of the materials necessary for major construction…

Analysis

Ghana is addressing the housing deficit by supporting the construction of affordable homes and easing access to mortgages
OBG
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Ghana is following a continent-wide trend of a booming population moving towards cities. The World Bank estimated Ghana’s population at 29.8m in 2018, up from 19.3m in 2010. Meanwhile, the proportion of those living in urban areas rose from 43.9% in 2000 to 55.3% in 2017, according to the African Development Bank. These demographic shifts are straining the housing supply. In April 2019 Samuel…

Overview

Infrastructure development and public-private partnerships drive an increase in construction activity in Ghana
OBG
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Ghana’s construction sector is growing, led by the development of affordable housing and critical infrastructure such as roads, railways, ports, hospitals and schools. It has also been bolstered by a steadily growing economy, which has since 2017 outperformed the global economy. Expansion is expected to continue, with a GDP growth rate of 6.8% for 2020. Improvements in land registration and…

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There were 74 results found for Ghana and Construction

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