• Real Estate

    OBG’s real estate market analysis includes detailed information about supply and demand in the residential, commercial and retail segments. We cover major development projects by local and international investors and examine changes in the regulatory framework and bank lending practices.
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How can Ghana increase its use of domestically sourced construction inputs?

 

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.

 

There is significant potential in Ghana’s real estate sector as the government implements initiatives aimed at increasing the affordable housing stock and establishing a robust mortgage market. After continued expansion in excess of 3% per year in real terms between 2015 and 2017, a slowdown in 2018 reflected weaker demand across the...

 

From 206 BCE to 220 CE, China’s Han dynasty fostered a booming trade industry for silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the name given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system,...

 

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...

Chapter | Construction & Real Estate from The Report: Ghana 2020

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 is expected to continue at a GDP growth rate of 6.8% in 2020. Improvements in land registration and permit systems reflect the authorities’ efforts to address...

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