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The Executives of Four South African Real Estate Companies Meet with Ghana’s High Commissioner to South Africa

3 Nov, 2025 General

A nine-member delegation comprising executives from four South African real estate companies, led by Mr. David Nbaye Ntakbe, a member of the Northern Ghana Association of South Africa, paid a working visit to Ghana’s High Commissioner to South Africa, His Excellency Benjamin Anani Quashie at his office on 3rd November 2025.

 During the meeting, the delegation expressed their interest in exploring opportunities within Ghana’s real estate industry, particularly in addressing the housing deficit through the construction of affordable housing.

Responding to the delegation’s propositions regarding financing options, the High Commissioner explained that, owing to the conditionalities of the current International Monetary Fund (IMF) Programme, the country may not be best placed to pre-finance such projects. Instead, the High Commissioner encouraged the delegation to consider forming a consortium to facilitate the raising of funds in support of their investment interests in Ghana’s real estate sector.

The delegation expressed their appreciation to the High Commissioner for his insights and assured him of taking the necessary steps to initiate the processes of forming the suggested consortium.

A nine-member delegation comprising executives from four South African real estate companies, led by Mr. David Nbaye Ntakbe, a member of the Northern Ghana Association of South Africa, paid a working visit to Ghana’s High Commissioner to South Africa, His Excellency Benjamin Anani Quashie at his office on 3rd November 2025.

 During the meeting, the delegation expressed their interest in exploring opportunities within Ghana’s real estate industry, particularly in addressing the housing deficit through the construction of affordable housing.

Responding to the delegation’s propositions regarding financing options, the High Commissioner explained that, owing to the conditionalities of the current International Monetary Fund (IMF) Programme, the country may not be best placed to pre-finance such projects. Instead, the High Commissioner encouraged the delegation to consider forming a consortium to facilitate the raising of funds in support of their investment interests in Ghana’s real estate sector.

The delegation expressed their appreciation to the High Commissioner for his insights and assured him of taking the necessary steps to initiate the processes of forming the suggested consortium.

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