Moroccan Real Estate Giant Addoha Expands into Ghana’s Housing Market

According to its CEO, Anas Sefrioui, the Group intends to invest in social housing and the middle-income segment in Ghana, given the enormous potential of this West African country. According to him, discussions have been initiated with the Ghanaian authorities with the aim of launching these projects which aim to meet the housing needs in the country.

As for the Ghanaian Minister of Housing and Public Works, he welcomed this initiative, noting that Ghana faces a significant housing deficit, estimated at two million units. Samuel Atta Akyea also promised that the Addoha Group, known for its performance in the real estate sector, will receive the necessary support for the success of this high value-added project.

For his part, the Ghanaian Minister of Trade and Industry, John Alan Kwadwo Kyerematen, emphasized his country’s willingness to benefit from Morocco’s experience in social housing and spatial planning. "Ghana needs these projects to reduce the housing deficit," he said. He did not fail to specify that his country is working to improve the business climate in order to facilitate the arrival of investors.