Headlines for PE News 15/04/25
CBI Ghana Ltd. Invests $100 Million in LC3 Technology to Boost Local Cement Production
Housing Minister, Kenneth Gilbert Adjei Leads Ghana’s Delegation to Diaspora Property Expo (DPE 2025) in Canada
China’s Property Market Shows Signs of Recovery as Government Eases Restrictions
Kenneth Gilbert Adjei, Ghana’s Minister for Works, Housing and Water Resources, will lead a delegation of senior government officials and top real estate stakeholders to the Canada edition of the Diaspora Property Expo (DPE 2025), set for 24–25 May at the Delta Hotels Toronto Airport & Conference Centre.
Ghana takes centre stage this year, following a successful U.S. edition of the expo held in Philadelphia from 21–23 March.
The Diaspora Property Expo is one of Africa’s leading platforms for connecting diaspora communities with real estate opportunities on the continent.
The Canada edition was officially launched on 28 March at the Ghana Consulate in Toronto.
Speaking at the launch, Consul General Peter Kobina Taylor highlighted the critical role of Ghanaians abroad in driving the country’s economic transformation, particularly through investments in housing and infrastructure. Other speakers echoed this view, describing the expo as a vital bridge between Ghana and the Canadian diaspora.
The two-day event in Toronto promises engaging panel discussions, cultural exhibitions, and strategic presentations from leaders in Ghana’s real estate sector, government, and business. Attendees will have access to exclusive networking sessions with developers, financial institutions, and fellow investors from both Ghana and Canada.
Verus Nartey, Executive Director of Diaspora Property Investment Ltd, described the event as a golden opportunity to connect with credible real estate opportunities in Ghana. In a special message, Minister Adjei called on Ghanaians in Canada to take advantage of the initiative.
Also joining the delegation to Toronto are Rev. Yaw Osei, Chief Director of the Ministry, and Dr James Orleans Lindsay, President of GREDA. Organisers of DPE 2025 Canada include Diaspora Property Investment Ltd, Aim 2 Impact, Made in Ghana Consulting Ltd, the Ministry of Foreign Affairs, the Ghana Real Estate Developers Association (GREDA), and Ghana’s diplomatic missions in Canada.
CBI Ghana Ltd., the makers of Supacem Cement, have committed $100 million to LC3 technology, marking a bold move to harness local raw materials for cement production. The new facility in Tema—the world’s largest LC3 plant—offers a homegrown answer to Ghana’s clinker dependency, using readily available local resources instead of imports.
Commercial Director Kobby Adams credited the Ghana Standards Authority for clearing the path with its adoption of the GS PAS 5:2024 LC3 standard. The milestone followed two years of collaboration between Ghanaian institutions like KNUST, the University of Ghana, and BRRI, along with global universities and labs.
The LC3 project brings direct benefits to consumers and communities. For the cement market, it offers relief from clinker-induced shortages and price volatility. Mr Adams noted that between December and February, the cedi depreciated by 5.6 per cent, while global uncertainties and rising export prices from the Mediterranean region drove clinker costs higher.
By producing a substantial share of cementitious material locally, Supacem expects to stabilise the supply chain, reduce prices, and ensure affordability. Already, the plant has created more than 160 direct jobs and introduced skills training, particularly for women, in Tema and Torgome. Beyond economic gains, the shift to LC3 technology significantly cuts CO₂ emissions, making it a greener and more sustainable alternative.
China’s troubled property market is beginning to show tentative signs of recovery following a series of bold measures by the central government aimed at restoring confidence and stimulating home purchases. In major cities like Beijing, Shanghai, and Shenzhen, housing demand is gradually picking up after years of declining sales and developer defaults.
Recent policies introduced by Chinese authorities include slashing minimum down payments for first-time homebuyers, lowering mortgage rates, and relaxing home purchase restrictions in several urban centres. Analysts say these interventions signal a strategic shift by Beijing to stabilise the real estate sector, which contributes nearly 30% to the country’s GDP when related industries are considered.
Developers such as Country Garden and Vanke have begun to benefit from improved liquidity conditions, and new home prices have shown modest month-on-month gains in some regions for the first time since mid-2022. While challenges remain—especially in smaller cities and with unfinished housing projects—the outlook is cautiously optimistic.
Market watchers believe sustained government support, coupled with increased consumer confidence, could lead to a gradual rebound, making China’s property sector one to closely watch in 2025.
Source : Joycelyn Marigold – Property Express News
