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Tse Addo , Airport Hills and Aburi are gaining immense popularity due to their promising future potential.
Iron Global raises $110m for Africa’s largest cement maker
Housing market tensions continuing to ease across most of Canada
Tse Addo , Airport Hills and Aburi are gaining immense popularity due to their promising future potential.
An article on Ghana’s real estate sector says the sector is undergoing significant growth, with neighborhoods like Tse Addo , Airport Hills and Aburi gaining immense popularity due to their promising future potential.
According to the author, Richard Senaya, these burgeoning areas in Ghana offer meticulously planned residential estates, educational institutions, and public amenities, attracting a surge of urban dwellers.
The report said the increasing demand for land in these evolving neighborhoods has led to a substantial rise in property prices.
It added that these areas offer diverse opportunities for various lifestyles and budgets, making them integral to Ghana’s evolving property landscape.
Iron Global raises $110m for Africa’s largest cement maker
Lagos-based financial advisory firm, Iron Global Markets, played a key role in securing a $110 million debt financing solution for Dangote Cement Plc during a challenging liquidity crisis in Nigeria.
The funds raised will support Dangote Cement in expanding its production capacity across Africa, coinciding with the infrastructure development efforts in many countries post-pandemic.
Jubril Enakele, CEO of Iron Global Markets, noted that this deal represents one of the largest corporate bond issuances in Nigeria for the year.
He emphasized that the innovative solution crafted by Iron Global positions Africa’s leading cement manufacturer for growth, even in challenging market conditions.
The success of the CP issuance, with strong participation from major institutional investors, demonstrates Iron Global’s deep understanding of the complexities of African markets.
Nairobi’s City Hall is set to become the first-ever green government building in Africa.
Nairobi’s City Hall is set to become the first-ever green government building in Africa.Nairobi’s Governor, Johnson Sakaja, made these remarks while pledging to promote green building and job creation at the Pre-Africa climate summit in Nairobi.
Green construction is a building approach that focuses on creating structures and spaces in an environmentally friendly and sustainable manner using materials, designs, and practices that reduce the negative impact on the environment, conserve resources, and promote energy efficiency.
During his address, Governor Sakaja emphasized the importance of sustainable construction and environmental consciousness.
Let’s turn our attention to Canada
Where the housing market for the most part is seeing more balanced conditions as the fall season is about to get underway.
The Bank of Canada’s interest rate hikes this summer significantly cooled what had been a surprisingly strong rally in the spring, and more sellers have stepped back into the fray in recent months after retreating earlier this year.
Market results for August from local real estate boards show demand-supply conditions continuing to ease significantly in Vancouver, the Fraser Valley, Toronto and Hamilton.
This was also the case in Calgary and Edmonton but to a much lesser degree, and with the situation in Calgary remaining exceptionally firm.
Consistent with rebalancing trends, there’s growing evidence this spring’s price rally is running out of steam in Ontario and BC.
Local boards reported small month-to-month declines in the MLS Home Price Index in Vancouver, the Fraser Valley and Toronto. Property values in Calgary still appreciated at a brisk pace, though—underscoring this market’s heat emanating from a large influx of migrants and thriving provincial economy.
Source : Property Express News -Joycelyn Marigold
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