Offshore Guidebook | Real Estate Investor Magazine Offshore Guidebook 2013 | Page 50

AFRICA BY DENISE MHLANGA Retail Hits The Mark In Ghana A t a time when Western economies are faltering, positive statistics make particularly attractive reading, says Florence Menson, JHI Ghana’s centre manager of Marina Mall in Accra, the capital city of Ghana. “International investors persuaded of the merits of African investment will still be careful to minimise their risks, which leads us to Ghana.” Menson explains that the death of President John Atta Mills in July 2012 was mentioned in news bulletins around the world but did not become a cause for political unease. GHANA • Population: 25 million • Language: English • Currency: Ghana Cedi • Main Export: Cocoa • Capital City: Accra •Inflation: 9.8% In August 2011, the Ghanaian parliament approved a USD3 billion loan from the China Development Bank. This facility is the largest ever )??????????????????????????????)?????????????????????????????qQ???????????????????????)???????????????????????????????????????)????????????????????????????????????????)?????????????????????????????????????????t???(??()=??????!????????????()??????????Q????????????? ??????????????????)?????????????????????????? ??????????????)????????????) ??????????????????)?????????)]??????? ??????????????????)?????I????????%???????)5???????????????????????]???) ??????????????????????)???????)???????????????????????????)???????????????????????)?????????????????????????(??????????????????????????)???????????????????????????)M??????????????()Q????????????????????????????)????????????????????e????????)?????????????????????????????????)?????????????????????????????)?????????????????????????????????????????+?q???????????????????????????????????????)???????????????????????????????????????t? ????)??????????????((0