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Ghanaian musician Fameye to headline the African Sustainability Show in the UK.
Lango Expands African Portfolio with $200 Million Acquisition of Ghana Malls
Turkish Economy Struggles: 1,554 Companies File for Bankruptcy Protection in 2024
Ghanaian musician Fameye will headline the African Sustainability Show, bringing his Afrobeat and highlife music to the event.
Fameye, known for his hit single “Nothing I Get” and his ability to blend traditional and contemporary sounds, has become a significant figure in the African music scene.
His music often reflects personal experiences and societal issues, making him a fitting choice for the show, which focuses on sustainability.
Fameye’s performance, characterized by his soulful voice and energetic stage presence, is expected to inspire audiences to embrace sustainable practices.
The National Tenants’ Union of Ghana expressed deep disappointment with the housing policy proposals in the New Patriotic Party’s (NPP) 2024 Housing Manifesto, criticizing it for inconsistencies, broken promises, and recycled proposals.
The union’s Secretary-General, Fredrick Opoku, highlighted that these concerns have persisted since 2016, emphasizing that past commitments remain unfulfilled, despite new promises made by Dr. Mahamudu Bawumia during the manifesto launch in Takoradi on August
Lango, a South African real estate investment firm, has acquired Accra Mall and West Hills Mall in a transaction exceeding US$200 million.
This acquisition is part of Lango’s strategy to expand its retail business across Africa, adding to its portfolio of high-quality commercial real estate assets in Ghana, Zambia, Nigeria, and Angola.
Lango’s existing properties in Ghana include the Achimota Retail Centre and major financial offices.
With this deal, Lango now manages US$875 million in assets across four countries, positioning itself as a leading real estate firm in Sub-Saharan Africa.
In the first seven months of 2024, 1,554 companies in Turkey filed for bankruptcy protection, reflecting growing economic challenges.The construction sector, considered crucial to the country’s economy, has been particularly affected, with major companies like Yenigun Construction seeking protection due to financial difficulties and delayed government payments.
Bankruptcy protection requests across all sectors have increased by 50–55% compared to last year, and 398 companies in the construction sector are among the most at risk.
This trend highlights the worsening economic situation and rising concerns within the industry.
Source : Joycelyn Marigold – Africa Home Building News
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