By Agbaxode Emmanuel, GNA  

Akatsi (VR), Oct. 29, GNA – Mr. William Kpormatsi, a businessman and politician, has donated sets of football jerseys and 28 balls towards the upcoming Avenor Tutudoza Football Gala.  

It forms part of the activities lined up for the Festival celebrations.  

The Gala would feature 28 teams drawn from the various 28 Electoral Areas within the Traditional Area.  

Mr Kpormatsi, presenting the items in Accra reaffirmed his commitment to fostering development across Avenor, particularly in areas that engaged the youth positively and strengthened community bonds.  

Mr Raphael Ahiable, the Presiding Member of the Akatsi South Municipal Assembly and a CPC member together with other members who witnessed the donation, expressed their appreciation to Mr Kpormatsi for his continuous support towards youth development and community activities.  

He noted that such gestures would not only promote unity and sportsmanship among the youth but also contribute to the overall success of the Festival.  

The 2025 ‘Avenor Tutudoza’ Football Gala is expected to kick off on November 8 with the grand finale on Sunday, November 30.   

It would set the stage for exciting matches and a strong display of local talent and teamwork.  

The festival, to be preceded by several activities, is on the theme, “Securing the Future of Avenor through Skills Acquisition, Employment and Economic Growth.”  

It would be climaxed by a grand durbar on Saturday, November 29 at the Akatsi Central Market lorry station.  

Avenor Tutudoza is celebrated by the Chiefs and people of Avenor, serving as an invitation to all sons and daughters of Avenor, as well as no-indigenes, to visit and witness the community’s vibrancy, and support all efforts in building a better Traditional Area.  

GNA  

Edited by: Maxwell Awumah/George-Ramsey Benamba   

The Environmental Protection Authority (EPA) has announced an immediate ban on the fabrication, importation, sale, and use of “Changfan” machines in Ghana, citing severe environmental destruction caused by their use in illegal mining operations.

In a statement issued by the Authority, the EPA noted that the fabrication of Chanfan machines is being carried out without the necessary environmental permits or authorisation, in violation of the Environmental Protection Act, 2025 (Act 1124) and the Environmental Protection (Environmental Assessment) Regulations, 2025 (L.I. 2504).

According to the EPA, while the fabrication and sale of the machines have provided income for some individuals, their use in river mining has led to widespread pollution of water bodies, siltation of riverbeds, and destruction of aquatic life.

“In exercise of the powers conferred on the Environmental Protection Authority under sections 3(2)(b) and 35 of the Environmental Protection Act, 2025 (Act 1124)… the following directive is hereby issued,” the statement said.

The directive prohibits the fabrication, importation, and use of Chanfan machines without an EPA permit. It further warns that “any workshops or shops found producing or selling these machines will be shut down, and all existing equipment will be seized and dismantled.”

The EPA has also ordered all individuals, workshops, and establishments involved in the fabrication, importation, sale, or distribution of Chanfan machines to cease operations immediately.

The Authority issued a final warning to individuals and companies engaged in mining within water bodies to stop such illegal activities, emphasizing that these acts constitute serious violations of national environmental and mining laws.

The EPA stated that enforcement operations, in collaboration with security agencies, will be carried out to ensure full compliance through monitoring, seizure, and prosecution where necessary.

For further information, the public is advised to contact the Environmental Protection Authority via email at [email protected] or telephone numbers 0506694760 / 0507227726, or visit www.epa.gov.gh.

Click here to read the statement by the EPA

….

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Nvidia just became the world’s first $5 trillion company

Nvidia just became the world’s first $5 trillion company.

Unprecedented demand for the company’s AI chips have propelled the company’s market valuation into the stratosphere. The milestone, which Nvidia reached at Wednesday’s open, comes just three months after the company crossed the $4 trillion mark. It took Nvidia about 13 months to go from $3 trillion to $4 trillion in valuation.

The company’s shares (NVDA) rose 3% after the market opened on Wednesday. Nvidia stock has gained about 50% in 2025 and has been near or at the top of the S&P 500’s best-performing stocks for years as investment in artificial intelligence continues to fuel the chipmaker’s meteoric rise.

Boosting Nvidia’s stock Wednesday: hopes for discussions between US President Donald Trump and Chinese leader Xi Jinping that open up China’s market to Nvidia’s high-end AI chips. On Tuesday, Nvidia’s stock rose after CEO Jensen Huang presented a vision of Nvidia’s future in which the company’s chips would be placed in everything from cell phone towers to robotic factories to self-driving cars. Huang, in his first-ever keynote address at the company’s GTC AI conference in Washington on Tuesday was effusive in his praise for Trump.

Nvidia’s AI chips are essential to powering the data centers that run the technology. The company is central to the AI boom not just because of those chips that are making it tons of money, but also because of the investments it’s pouring into other major players.

On Tuesday, another tech giant — Apple — breached the $4 trillion benchmark. It’s a sign that that the iPhone is still enough to excite consumers and Wall Street, even as the company has fallen behind in the AI race.

Meanwhile, Nvidia and AI leader OpenAI recently announced a major new tie-up, which will have the ChatGPT maker purchase billions of dollars’ worth of chips in exchange for a $100 billion investment from Nvidia that will be made over time. Nvidia also announced a $5 billion investment in beleaguered chipmaker Intel.

But the circular spending spree, paired with the industry’s eye-popping growth rates and the lack of clarity around the return on AI investments, has raised concerns that the AI market may be a bubble waiting to burst.

Still, Nvidia executives said during the company’s August earnings call that it estimates it will benefit from as much as $4 trillion in AI infrastructure spending by the end of the decade. In the most recent quarter, Nvidia raked in nearly $26 billion in net income.

All you need to know about Ghana’s new vehicle number plates | BizTech:

Japan Motors Trading Company Ltd. (JMTC) has officially launched the Geely Cityray, the latest addition to Geely’s “Ray” SUV family.

Built on Geely’s advanced BMA platform, the Cityray bridges the agility of the Coolray with the sophistication of the Starray, offering a refined yet powerful SUV designed for both urban and adventurous lifestyles.

Positioned between the two models, it completes Geely’s strong SUV lineup and reinforces its reputation as a top-performing brand in its segment.

Dynamic Design and Advanced Engineering

The Cityray features a bold exterior with dual exhaust pipes, a driver-focused central control unit, and a 1.5TD engine paired with a 7-speed dual-clutch transmission, delivering 174 horsepower and 290Nm of torque for an engaging and efficient drive.

Speaking at the launch event, Mr Amine Kabbara, General Manager of Sales and Marketing at Japan Motors, stated: “The Cityray perfectly captures Geely’s spirit of innovation. Built on the independent B-segment platform, it delivers an ideal balance of performance, efficiency, and modern design that reflects the energy of today’s urban drivers.

“We are confident it will be well received in the Ghanaian market. To further demonstrate our confidence in Cityray’s quality and durability, Japan Motors is proud to introduce an unprecedented industry-first warranty — 6 years or 200,000 kilometres, setting a new benchmark for customer assurance and peace of mind.

Mr Kabbara further revealed Japan Motors’ plans.

“This launch marks another milestone in our partnership with Geely. Customers can look forward to the introduction of hybrid and electric models in the near future as we move towards a more sustainable future.”

Safety and Comfort at the Core

Mensah Adu Boateng, Geely Sales Manager at Japan Motors, highlighted the model’s commitment to safety and driver assistance technologies.

The Cityray comes equipped with ABS, EBD, BA, TCS, ESP®, Hill-start Assist, Adaptive Cruise Control, and L2 Driver Assistance, along with multiple airbags, Topview Surround Vision, and Transparent Chassis Monitoring for enhanced driver confidence.

Inside, the Cityray provides premium comfort with features such as one-touch electric windows with pinch protection, remote window and sunroof operation, keyless entry with push-button start, rear air-conditioning vents, CN95 antivirus air filter, Electronic Parking Brake, and Auto Hold.

A Confident Step into the Future

Mabel Offei, Marketing Manager at Japan Motors, expressed optimism about the Geely Cityray’s prospects: “The Geely Cityray is more than a new SUV as it represents progress and innovation.

“The positive feedback from customers reflects the growing confidence in the Geely brand and Japan Motors’ commitment to redefining the automotive experience in Ghana.”

“The Cityray is now available for viewing and test drive at Japan Motors showroom in Accra”, she stated.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

play videoProfessor Naana Jane Opoku-Agyemang is Ghana’s Vice President

Vice President Professor Naana Jane Opoku-Agyemang has stated that economic stability is not a gift but a reflection of collective discipline by both government and citizens.

Speaking at the 14th Ghana Economic Forum (GEF), she emphasised that Ghana’s recent signs of economic recovery will not be sustained unless the country resists short-term fixes and embraces long-term value creation.

She advocated for value addition as a key pathway to cedi stability and economic resilience.

“Ladies and gentlemen, stability is not a gift. It is a sign of discipline. It is built on habits, such as paying taxes regularly and honestly, producing more than we consume, demanding accountability from all citizens, working together for the common good, and investing in our own capacity to add value,” she said.

Professor Opoku-Agyemang warned that Ghana’s overdependence on raw commodity exports and excessive reliance on imports continue to weaken the fundamentals of the cedi and expose the economy to external shocks.

“When we depend too heavily on raw exports and excessively on imports, and when we fail to discipline our fiscal habits, the cedi pays the price,” she noted.

“Cocoa must not leave our shores as beans, bauxite must not leave as ore, and gold must not leave as dust,” she added.

Touching on the recent appreciation of the cedi, the Vice President attributed it to the hard work and trust built by institutions and individuals committed to Ghana’s economic progress.

She said the gains are the outcome of fiscal prudence, tighter expenditure controls, and disciplined financial management, which continue to anchor Ghana’s path to recovery.

SA/MA

All you need to know about Ghana’s new vehicle number plates |BizTech:

Kwabena Mintah Akandoh, Minister of Health

The Minister of Health Kwabena Mintah Akandoh has alleged that the recent disruption of the Lightwave Health Information Management System (LHIMS) was an act of blackmail by the vendor, intended to pressure the government into removing key clauses from a new agreement.

According to him, the new maintenance agreement between the government and the LHIMS vendor required the company to hand over data and grant the state full administrative access to the system.

Speaking at the Government Accountability Series on Wednesday, October 29, 2025, the minister noted, however, that the vendor objected to these provisions.

“To avoid this disruption and the shutdown we are experiencing, although we didn’t have any contract with the vendor at the time we took over, we indicated to them that the Ministry was ready to sign a service maintenance agreement covering the 450 health facilities,” the sector minister said.

“Don’t forget that the software is and was not for the state, that is why it is called LHIMS. In the agreement, we indicated that before we sign such an agreement with you, you have to hand over the data to the state and you must give us administrative access to the service. The vendor insisted that those clauses must be removed from the agreement,” he added.

Akandoh further noted that the government’s refusal to remove the clauses prompted the vendor to intentionally disrupt the system.

“We cannot expunge those clauses from the agreement because it is the state that must take charge of this data. So the vendor decided to switch the system off as and when he desired, and demanded what he wanted. This has gone on for more than two months, and for the past two weeks or so, the system has been completely down. If this is not blackmail, I don’t know what it is,” he stated.

What your NHIS card can do for you

The Health Minister mentioned that the government is developing a new state-owned platform, the Ghana Healthcare Information Management System (GHIMS), which will replace LHIMS and ensure national control over medical data.

Meanwhile, the breakdown of the LHIMS system has caused widespread delays in record-keeping and patient processing, particularly in the Ashanti Region, where many hospitals have reverted to manual operations.

This comes after patients expressed frustration over prolonged waiting times and slower service delivery.

MA

All you need to know about Ghana’s new vehicle number plates | BizTech:

Vice President Professor Naana Jane Opoku-Agyemang says Ghana’s economic recovery is not a miracle but the result of deliberate policy actions aimed at restoring stability and rebuilding confidence.

She explained that the country’s recent gains are the outcome of fiscal prudence, tighter expenditure controls, and disciplined financial management, which continue to anchor Ghana’s path to recovery.

Speaking at the 14th Ghana Economic Forum organized by the Business and Financial Times in Accra, the Vice President cautioned against short-term policies that undermine long-term growth, stressing the need to consolidate recent progress.

“Short term comfort should never come at the cost of long term stability. The same lesson applies to our currency and our economy. It is the very reason that we are resetting our economy,” she said.

Professor Opoku-Agyemang underscored the importance of macroeconomic stability, warning that the effects of a weak cedi extend far beyond the financial sector.

“When the cedi weakens, it is not only economists who feel the pain. Every household suffers the consequences. This is why macroeconomic stability must not be dismissed as a simple abstract achievement,” she stated.

She added that Ghana’s fiscal reforms are now beginning to deliver results, but urged caution against complacency.

“The fiscal reforms are beginning to bear fruit. These are not miracles. However, ladies and gentlemen, this is not the time for complacency. It is a time for consolidation.”

The 2025 Ghana Economic Forum is themed: “ Currency stability- A reset for sustainable economic growth”

Bola Ray and Joselyn Dumas were unveiled as GoldBod Jewellery ambassadors

Following the appointments of Bola Ray and Joselyn Dumas as brand ambassadors for GoldBod Jewellery, a subsidiary of the Ghana Gold Board, social media has been buzzing, with many questioning the need for such roles in a state-linked entity.

GoldBod Jewellery announced the two creative personalities as its new faces in a bid to promote Ghana’s gold heritage and showcase the craftsmanship in jewellery production.

According to the institution, the move is part of an effort to project Ghanaian artistry and ethical gold sourcing to the global market.

GoldBod Taskforce arrests American, Moroccan and Ghanaians for illegal gold buying

At the unveiling ceremony held at the company’s head office on October 28, 2025, the Chief Executive Officer of GoldBod Jewellery, Sammy Gyamfi, described the partnership as a “landmark initiative aimed at projecting Ghanaian innovation and craftsmanship in jewellery design for both domestic and international markets.”

However, many Ghanaians on social media are questioning the logic behind the decision.

One X user asked, “Why does a regulator need Brand Ambassadors? What ‘Brand’ are they marketing?”

Another user linked the appointment to the broader issue of government size and efficiency, writing, “This is why narratives of a lean government, if made too formalistic about the number of ministers and deputies appointed, overlook the broader perspective.”

The same user continued, “If we intend reducing the size of government for a more effective system of governance without duplicate or needless roles, it needs to be reflected in the government’s overall policy. If you appoint 18 ministers yet staff state agencies with 600 employees, we’ve not progressed. It is the same problem being replicated in a different way.”

Others questioned the relevance of Bola Ray and Joselyn Dumas’s roles, arguing that such appointments seem unnecessary.

“What will they be doing as brand ambassadors? Very needless appointment,” another user commented.

What will they be doing as brand ambassadors? Very needless appointment https://t.co/6GY4UL9PJn

— Esi Cato (@peggsssss) October 28, 2025

This is why narratives of a lean government, if made too formalistic about the number of ministers and deputies appointed, overlook the broader perspective.

If we intend reducing the size of government for a more effective system of governance without duplicate or needless… https://t.co/1toFGXBJka

— Timothy Selikem Donkor (@DonkorST) October 28, 2025

Why does a regulator need Brand Ambassadors? What “Brand” are they marketing? https://t.co/9sGupffwuO

— Twumasi (@TwumTweets) October 28, 2025

Nah I have to ask again. For what exactly? https://t.co/y662y1HvrQ

— Ahmed Faaid 🇨🇦🇬🇭 (@Mr_AMed) October 29, 2025

In 2024, I really struggled to think of how the NDC could start to lose the trust and goodwill of Ghanaians. The signs are beginning to show… https://t.co/w6bZNjgoP3

— Otinkran (@mrpatriq) October 28, 2025

What’s the essence of a regulatory agency having brand ambassadors?

What are they actively promoting? You guys are moving the NPP way and it ain’t funny! https://t.co/XHdqJlrhmf

— BahdassGee (@theGOKuff) October 28, 2025

At how much and what will be their SoW as ambassadors?? https://t.co/3DKwPEEW8w

— Kofi Cephas (@youngcephas) October 28, 2025

Anyway possible Jocelyn Dumas should have an “appointment”.

Her godfather must be very connected. https://t.co/bkeZ8KcK17

— Sewing Machine 🇬🇭 🇳🇬 (@BTLizle) October 28, 2025

Jobs for boys and girls https://t.co/FInc9hdb9Z

— Nana K (@nanaw3na) October 29, 2025

Do we need an ambassador or a promoter to buy and sell “GOLD”. This is a low blow to the Ghanaian populace who has put so much faith in this government. Some of these moves, directives and calls gradually dwindles that faith….. keep trending on this path

— OHENE GYAN (@aamosgyan) October 28, 2025

AK/AE

As Ghanaians celebrate 60 years of their national currency, President John Dramani Mahama has commended the Bank of Ghana (BoG) for reaffirming its commitment to monetary stability and economic prosperity.  

The President, in a statement, said that was what his Resetting Ghana Agenda was about.  

“What we seek is a stable currency and not a strong Ghana Cedi,” President Mahama said. 

Read also: Cedi@60: Gov’t committed to sustaining Cedi stability — Ato Forson

He said his administration was working to guarantee a stable Ghana Cedi to create a conducive environment for business and investment, and to ensure stable food prices, particularly, to benefit the people of Ghana.  

“A stable cedi means a predictable business environment, affordable food prices, increased investor confidence and sustainable economic growth,” the President said. 

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

James Gunu is the Volta Regional Minister

The Volta Regional Minister, James Gunu, has called on the people of the Volta Region, home and abroad, to join hands as the region is set to host this year’s National Farmers Day celebration.

The Volta Region has been selected to host the 41st National Farmers Day celebration, scheduled for Friday, December 5, 2025, under the theme: “Feed Ghana, Eat Ghana, Secure the Future”.

The Volta Regional Minister, in a press briefing in Ho with the media ahead of the celebration, described the selection as both an honour and an opportunity for the region to showcase its agricultural potential and cultural heritage to attract investors and foreign partners.

Gunu emphasised that the farmers’ day celebration provided a key and essential platform to celebrate and honour the contributions of farmers and fishermen to Ghana’s food security, economic development, and sustainability.

Alongside the national event, the Volta Trade and Investment Fair will showcase the region’s rich agricultural potential, business opportunities, culture, and hospitality.

“It will also create a vibrant platform for investors, entrepreneurs, and our hardworking farmers to connect and grow together,” he observed.

“Hosting these two major national programmes is both an honour and a great opportunity to boost our local economy, promote tourism, and attract meaningful investment into our region.”

He added, “We are blessed with fertile lands and hardworking farmers, and hosting this year’s celebration allows us to display our agricultural strength to the rest of the country.”

Gunu revealed that district and municipal assemblies in the region will hold their farmers’ day activities a week before the national celebration to recognise local farmers and fishermen at the community level.

This, he said, would enable the districts to fully participate in the national celebration and showcase their potential.

This year’s celebration is expected to draw dignitaries, policymakers, agricultural experts, and exhibitors from across Ghana and beyond to the region.

“I call on all stakeholders, traditional authorities, the private sector, development partners, and our media friends to join hands with us to make these events truly historic. Together, we will showcase the best of the Volta spirit, unity, hard work, and excellence,” he exhorted.

The Volta Regional Minister expressed appreciation to President John Dramani Mahama for selecting the Volta Region as host and assured that the chiefs, elders, and people of the region were fully prepared to make the 41st National Farmers Day celebration a memorable and successful event.

Ghana’s slip on the 2024 Corruption Perception Index, from 70th to 80th position, has reignited urgent calls for tougher anti-corruption measures.

Stakeholders are demanding stronger systems and stricter regulations on campaign financing to stem the rising tide of corruption.

At the National Commission for Civic Education’s (NCCE) national dialogue on Empowering Citizens and Promoting Accountability, supported by GIZ, the European Union, and other partners, Executive Director of the Ghana Integrity Initiative (GII), Mary Addah, stressed the need for transparency in political funding.

“Without full disclosure of who funds our politics, citizens can never truly know whose interests are being served in government,” she said.

She called for a shorter active campaign period, arguing that it would cut costs and reduce the incentive for corruption once parties assume power.

“When campaigns drag on for too long, parties overspend and then spend the next four years trying to recover those costs. A shorter campaign window can help curb that,” she added.

Deputy Chairman in charge of General Services at the NCCE, Victor Brobbey, attributed the rising levels of corruption to a breakdown in societal moral values.

“We can’t fight corruption only with laws, it starts with values. Until we rebuild integrity at home, in schools, and in our public institutions, corruption will remain part of our culture,” he noted.

Former Dean of the University of Ghana Business School, Professor Justice Bawole, also underscored the need to reward citizens who uphold integrity, emphasizing that positive incentives are crucial to sustaining the fight against corruption.

“We often punish wrongdoing but rarely celebrate integrity. If we start rewarding honest public servants, we’ll inspire a new culture where doing the right thing actually pays off,” he suggested.

The NCCE maintains that with sustained public education and civic engagement, corruption can be reduced to its barest minimum.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

Unilever Ghana Plc has announced the appointment of Setutsi Goka Ivowi (Tucci Ivowi) as a Non-Executive Director, effective October 1, 2025.

The appointment forms part of the company’s ongoing commitment to strengthening corporate governance and enhancing strategic oversight through the inclusion of accomplished business leaders with diverse expertise.

Mrs. Tucci Ivowi is an accomplished marketing and business management professional with over two decades of experience spanning consumer goods and manufacturing sectors.

Her appointment underscores Unilever Ghana’s focus on bringing visionary leadership, market insight, and a deep understanding of consumer behaviour to its Board.

She is the recent past Chief Executive Officer of the Ghana Commodity Exchange (GCX), where she led the institution’s transformation into a key driver of agricultural trade and value chain efficiency.

Under her leadership, the Exchange expanded market access for smallholder farmers and advanced transparency in Ghana’s commodity markets.

Mrs Ivowi also led the formation of the AfCFTA Association of Commodities Exchanges.

Before joining GCX, Mrs Tucci Ivowi built a distinguished career in brand management, marketing, and strategy, with extensive experience at Nestlé, where she worked across the UK, Southeast Asia, and Sub-Saharan Africa.

At Nestlé Central & West Africa Ltd., she made history as the first female and first Ghanaian Business Executive Officer (Executive Director), managing business operations across 22 countries.

Her leadership was marked by strategic clarity, innovation, business transformation, and an unwavering focus on purpose-driven growth.

Earlier in her career, Tucci Ivowi gained invaluable experience working with leading global brands, including Unilever and British American Tobacco, as a trusted agency partner.

These collaborations helped shape her deep understanding of how consumers think, choose, and connect with brands, broadening her perspective beyond marketing campaigns to the emotional and behavioural dimensions of brand engagement.

Her return to Unilever Ghana — this time at the board level — represents a full-circle moment in a career defined by strategic vision, consistency, and impact. With her extensive experience in marketing, business transformation, and corporate governance, she brings a wealth of expertise that will enrich the Board’s work and support Unilever Ghana’s mission of delivering sustainable growth and shared value.

Mrs Ivowi’s appointment comes alongside those of Angela Kyeremanten-Jimoh, Peterson Ekow Afedzie, and Djabanor Narh as Non-Executive Directors, all effective October 1, 2025.

These new additions reflect Unilever Ghana’s continued commitment to strong leadership and diverse perspectives as it enters its next phase of growth.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.

Perminas Marisi is the Rendeavour Ghana’s Country Head and Managing Director of Appolonia City

In a landmark collaboration poised to redefine Ghana’s housing and investment landscape, Appolonia City, Ghana’s fastest-growing, master-planned new city, has

entered into a strategic partnership with First National Bank (FNB) Ghana.

The alliance represents a major step toward addressing Ghana’s estimated two-million-unit housing deficit and fulfilling a shared vision — to make property ownership accessible, secure, and rewarding for every Ghanaian.

Located just 25 kilometres from Accra’s Central Business District, Appolonia City is an integrated, mixed-use urban enclave designed for modern living and enterprise.

Spanning residential, commercial, and industrial precincts, the city offers a complete ecosystem—ranging from affordable and mid-range housing to premium residences, business parks, and industrial zones.

With world-class infrastructure, green open spaces, schools, healthcare centres, and retail amenities, Appolonia City represents the future of sustainable urban development in Ghana.

Through this partnership, First National Bank Ghana is extending tailored home-financing solutions to help more Ghanaians and diaspora clients buy, build, or invest within Appolonia City.

The bank’s comprehensive range of products includes Land Purchase Loans, offering up to 60 percent financing on serviced, titled plots -; Home Construction and Completion Loans for clients who already own land in Appolonia City and wish to build or finish their homes—these loans are disbursed in stages to align with construction progress, providing flexibility and financial control; and Equity Release Loans, which allow existing homeowners to unlock up to 70 percent of the value of their property to finance new real estate purchases within Appolonia City.

This means that individuals who already own homes can leverage the equity in their current properties to acquire land, invest in a new home, or develop property in one of Ghana’s most secure, master-planned communities.

With dedicated mortgage specialists, transparent processes, and flexible repayment structures, First National Bank ensures that property ownership is

attainable, affordable, and stress-free.

“This partnership presents more than financial support — it is a defining milestone in Ghana’s journey toward inclusive growth,” said Perminas Marisi, Rendeavour Ghana’s Country Head and Managing Director of Appolonia City.

“Together with First National Bank, we are turning the dream of home and land ownership into reality for many Ghanaians, while shaping communities that will

stand as enduring symbols of progress, stability, and national pride.”

Echoing this sentiment, Kojo Addo-Kufuor, Executive Head of Mortgage Business at First National Bank Ghana, stated: “At FNB, our goal is to empower Ghanaians to build wealth through property ownership. Partnering with Appolonia City allows us to offer customers secure, high-value real estate opportunities supported by verified title and flexible home-loan options. Whether you’re buying land, constructing a home, or leveraging your property to invest further, this partnership provides peace of mind every step of the way.”

This collaboration comes at a pivotal moment in Ghana’s real estate and economic evolution— when growing aspirations meet the need for accessible, credible, and high-quality developments.

Together, Appolonia City and First National Bank Ghana are providing verified, litigation-free titles for every property, peace of mind through the backing of two trusted institutions, flexible financing tailored to diverse income levels, and dedicated support for diaspora clients purchasing or building remotely.

From vibrant residential neighbourhoods and dynamic commercial precincts to expansive industrial lands primed for growth, Appolonia City offers unmatched opportunities for living, working, and investing.

With First National Bank’s flexible land purchase, construction, and equity release financing solutions, there has never been a better time to own your piece of Ghana — confidently. securely, and with peace of mind.