Tag: Appolonia City
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Appolonia City earmarks USD10 million for infrastructure development.
Appolonia City, Greater Accra’s newest futuristic city located 20km east of Accra in the Oyibi-Afienya enclave is expected to see an infrastructural facelift estimated at an amount of USD10 million in phases over the next 3 years. Appolonia City is a project by Rendeavour, Africa’s largest private city developer with over 30,000 acres of visionary…
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Nickseth Construction unveils production facility at Appolonia Industrial Park
As part of efforts to expand its operations across the various regions in Ghana, Kumasi-based leading construction firm, Nickseth Construction Limited has launched an operational yard and concrete production facility at Appolonia Industrial Park. The three-acre, state-of-the-art production complex is the company’s operational yard for the southern sector of Ghana. Nickseth Construction’s new factory has…
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Appolonia City unveils its first commercial building; Adumuah Place
Appolonia City has opened its first commercial building; the Adumuah Place. Developed by Gateway Real Estate Africa (GREA), the internationally designed A-grade commercial office building is strategically located at the entrance to the new city, within close commute to key areas across Greater Accra. The building is expected to be ready for occupation by mid-2022.…
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Appolonia City supports Green Ghana Project by planting 500 trees
As part of efforts to support the Green Ghana Project, Appolonia City has set out to plant 500 trees on Friday 11th June 2021. The initiative which is receiving support from the Forestry Commission is meant to help Ghana achieve its overall target of 5 million trees. In an interview with Citi Business News at…
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Cofundie starts crowdfunding investment in new homes at Appolonia City
Cofundie has launched its first ever real estate crowdfunding campaign, offering anyone in the world the opportunity to invest in new homes at Appolonia City, the popular new city development in Accra, Ghana. In a press release, Cofundie stated that for as little as USD 250 (GHS 1,500), investors can own shares in the homes,…
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Appolonia City, Ghana Home Loans sign new housing deal
Appolonia City has announced a partnership with Ghana Home Loans which will see the construction of 100 housing units in Accra by mid 2019. The move also forms part of private investor efforts to reduce Ghana’s housing deficit. The country’s housing gap is estimated at 1.7 million. The high cost of properties has however been…
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Complex land acquisition systems; the bane of estate developers
Industry players in Ghana’s housing sector want the government to critically address Ghana’s land acquisition and documentation system to ease the burden associated with the provision of decent accommodation. The estate developers contend that the high costs of properties have priced out the majority of prospective homeowners and compounded the housing challenge. Participants at Citi…