Ghana has taken longer to recover from the effects of the COVID-19 pandemic when compared to its regional peers. High inflation rates which peaked at 54% in December 2022 (and eased to 23% at the end of last year) have added to the economic malaise. Signs of positivity in the real estate sector are emerging, with falling speculative office development, for instance, pointing to a recovery in office rents in the near term.
One year ago