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Plunge In Commodity Prices Expose African Cities To Investors

The fall in commodity prices in the international market has left many investors seeking alternative investments in Africa, where most economies are supported by the export of metals, oil and agricultural produce such as coffee and cocoa. According to a Reuters report, investors on the continent have now turned their focus to other sectors including retail, financial services, technology as well as real estate. Major African countries such as Nigeria, South Africa and Ghana are expected to receive an increase in foreign investment, despite the countries’ economies taking a knock under reduced export revenue from their top commodities. In the...
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Who’s Buying Real Estate In Ghana?

Housing prices increased substantially over the last year in Ghana. The gap is growing between supply and demand for real estate and stakeholders say the quantity and quality of investors seeking to invest is changing. Property developers in Dubai and Abu Dhabi are looking to form partnerships with local developers in Ghana and build large-scale residential and commercial developments. Russia and Ukraine have also been looking at real estate investment opportunities, they believe the returns in Ghana exceed those found domestically and investment from other African countries is growing. Political stability in Ghana with the discovery of deep-water oil has...
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