nar global alliances ghana presentation

Africa is Rising,

Ghana is a Resourceful Nation

Presented ByVicky Sampah- MBA, MSRE, GRI,

ABR, e-PROFounder - Ghana Real Estate

Professionals Association – GREPACEO - ABRI Properties Ghana

“We are excited and very positive about Africa. We are

optimists, but we are realistic optimists – our perspective is

deliberately a glass half full rather than half empty one. This is

mainly because we believe that it takes a positive mindset to

succeed in Africa. If you set out expecting difficulty and risk,

you will find it. However, ours is not a point of view informed

by anecdotes and wishful thinking – the numbers speak for

themselves.”Ajen Sita, CEO, Ernst & Young Africa

Outlook by the experts

By Vicky Sampah, MBA, MSRE, ABR, GRI, e-PRO Ghana Real Estate Professionals Association -

GREPA

2

“We are excited and very positive about Africa. We are

optimists, but we are realistic optimists – our perspective is

deliberately a glass half full rather than half empty one. This is

mainly because we believe that it takes a positive mindset to

succeed in Africa. If you set out expecting difficulty and risk,

you will fi nd it. However, ours is not a point of view informed

by anecdotes and wishful thinking – the numbers speak for

themselves.”Ajen Sita, CEO, Ernst & Young Africa

The ‘GREEN’ AfricaAn extraordinarily diverse continent

of 53 Nations From Hopelessness to

Hopefulness


GREPA

3

The ‘GREEN’ AfricaThe World's Next Gold Standard Will Come Through China And Africa…. Forbes, 11/01/2013 @ 10:49AM


GREPA

4

Ghana and Neighbors


GREPA

5

• Called the GOLD COAST• The first country in sub-

saharan Africa to gain independence – 1957

• The discovery of oil – the Jubilee field. Systematic and sustained efforts leads to the discovery of oil in 2007

• Valve opened to commence production from the Jubilee Oil Field in December 2010

• New found oil in Ghana is going to be a Bonanza’ Chris Jackson, World Bank

• Population is growing and expectation of the international community will also grow

• Strong Economic growth – 13.5% IMF , 2011 reflecting the start of the oil and an indication of a robust performance of the non oil sector

• Ghana is no more a low income country. Ghana has moved into a middle income country

Ghana


GREPA

6

The Ghanaian

This is a place holder for item one. Item one can be text, a picture, graph, table, etc. This is a place holder for item one. Item one can be text, a picture, graph, table, etc.

Qualities

• Ingenious people• Creative and innovative• Brilliant people• Hospitable people• Friendly people• Peaceful people• Great sense of humor• Combination of these

qualities makes Ghanaians unique


GREPA

7

LOCATION : On the Gulf of Guinea and the Atlantic Ocean in the Africa Frontier of Sub-Saharan Africa

POPULATION:25m people in 10 regions

CLIMATE: Tropical averaging a low of 20Cdegrees (69F) to 26C Degrees (79F) with the capital Accra averaging 30C (86F)

LANGUAGE: 9 dialectes with English as official language

Ghana - Highlights


GREPA

8

Some US Companies in Ghana

Newmont MiningNuevo Petroleum ACSCMS EnergyCoca ColaS.C. JohnsonRalston PurinaStar-Kist A.H. RobinsSterling


GREPA

9

US Companies in Ghana

InroadsGENERAL ELECTRIC (GE) signed an MOU with the government of Ghana in June focused on trying to develop what we call a "power park" to produce 1000 MW over the next five years- Jay Ireland, GE AfricaFor GE, Africa's Infrastructural Needs Represent Business Opportunity - Jay IrelandPower Sector is Ready for 'Stampede' of Investment - General ElectricThe discovery of major oil reserves in deep water in the Gulf of Guinea has led numerous international petroleum exploration firms to enter the Ghanaian market, and many other firms involved in oil and gas auxiliary services have expressed interest in starting operations in the country.

Ghana and the United States are signatories to twenty agreements and treaties covering such matters as agricultural commodities, aviation, defense, economic and technical cooperation, education, extradition, postal matters, telecommunications, and treaty obligations.


GREPA

10

http://www.energymin.gov.gh/?p=1539

http://www.energymin.gov.gh/?p=1539

http://en.wikipedia.org/wiki/Aviation

http://en.wikipedia.org/wiki/International_security

http://en.wikipedia.org/wiki/Education

http://en.wikipedia.org/wiki/Extradition

http://en.wikipedia.org/wiki/Telecommunications

FOCUS ON AFRICAInvestors who placed their faith in African equity markets over the last year would have earned an average 19.7% return in local currency terms, according to Thomson Reuters Data

African equity market returns have outperformed those of other emerging market regions between October 2012 and October 2013, boosting the investment allure of the continent.

African equity markets outperformed the likes of Latin America (4.2%), emerging Europe (5.7%) and emerging Asia Pacific (9.3%).

These impressive returns were led by Ghana (115%), Kenya (58.2%), Cote d’Ivoire (46.5%), Nigeria (38.7%), Uganda (31.7%) and Zambia (30.8%), while the world global average was at 19.4%.


GREPA

11

PERFORMANCES OF THE VARIOUS INVESTMENT SECTORS OVER THE PAST YEAR

Healthcare (57%) was the top performing sector in Africa over the last twelve months followed by consumer cyclicals (38.2%), technology (34%), utilities (27.2%) and telecommunication services (25%).

The worst performing sectors in Africa over the last year were energy (-0.2%) and basic materials (6.1%).


GREPA

12

Growing populations and rapid urbanization combined with improved per capita income has ignited a property boom

Properties in Ghana and Africa

Investment yields in excess of those on offer in the developed world

Property investments deliver double digit dollar returns

Demand for quality office space by large multinationals chasing oil, gas and other opportunities in the continentDemand for CLASS ‘A’ and GREEN building are high

Properties in Africa does not come cheap

Fact

Fact

Fact

Fact

Fact


GREPA

13

Property Values in Ghana

This is a place holder for item one. Item one can be text, a picture, graph, table, etc. This is a place holder for item one. Item one can be text, a picture, graph, table, etc.

Keep going up

• The personal income level of Ghanaians has risen enough recently that the country’s socioeconomic status has been upgraded from low-income to lower middle-income.

• The demand for existing homes is high; but the supply is low.

• The 2000 Population and Housing Census estimates 2.3 million new homes will be built by 2025 to keep

• Rapid urbanization of metropolises such as Accra, Tema and Kumasi are driving housing prices up in those areas, yet increases in credit are enabling Ghanaians to keep up with the purchase prices.up with the demand.


GREPA

14

ForwardGhana is a

representation of the future of Africa Seize the

opportunity today and join us in Ghana by

investing in Real Estate.


GREPA

15

• Ghana Real Estate Institute• MLS System• Partnership with major

Real Estate Companies to Foster best practices in Ghana

Building Partnerships

• Forbes• Reuters• World Bank• Fin24• AllAfrica• Sanlam Financial• American Chamber of

Commerce• US Embassy in Ghana• GIPC – Ghana Investment

Promotion Center• Africa by numbers – Ernst &

Young

Source

Vicky Sampah - MBA, MSRE, REALTOR® GRI, ABR, e-PRO

CEO of ABRI Properties, GHANAFOUNDER/ PRESIDENT

Ghana Real Estate Professionals Association (GREPA)

The ABRI Foundation

Contacts US: +1815.733.5511 Fax: +1866.886.8432

GHANA: +233.26.957.4186GHANA: +233.26.957.4186 Fax: +233.302-

52-1805Email: [email protected]

[email protected]

nar global alliances ghana presentation

Real Estate

glass half full

ernst

half empty

numbers speak

ajen sita

wishful thinking

expecting difficulty

place holder