Tag Archives: Accra

Sidney Yankson attends Ghana – China Friendship Day, Accra, Ghana, 23rd August 2013

Sidney Yankson recently attended the Ghana-China Friendship Association (“GHACHIFA”) in Accra, Ghana held at Teacher’s Hall, Accra.

The keynote speaker, H.E. Victor Gbeho, president of ECOWAS and Ghana’s former Foreign Minister, gave a detailed review of the history and context of the Ghana-China relationships over more than five decades.

The Chinese Ambassador to Ghana, H.E. Gong Jianzhong, gave a warm reply.

The other guests included the Speaker of the Parliament of Ghana The Rt. Hon. Edward Doe Adjaho, H.E. Mr. Kojo Amoo-Gottfried, President of GHACHIFA and former Ghanaian Ambassador to China, Ambassador Thomas Kwesi Quartey, Deputy Minister For Foreign Affairs And Regional Integration, as well as almost 100 officials, dignitaries, businessmen and members of the diplomatic corps.

Please click here for more information about GHACHIFA.

Accra, Ghana, is expected to be the fastest growing African city for millionaires

Ghana’s capital Accra is expected to be the fastest growing major African city for millionaires over the next eight years, according to recent research by UK-based New World Wealth.

Accra’s number of high net worth individuals (HNWI) – with net assets of US$1 million or more, excluding their primary residences – are expected grow from 800 in 2012 to 1,500 in 2020.

New World Wealth projects the growth in millionaires by using a number of variables, including economic growth in country, income distribution trends and recent HNWI growth trends in the city or country.

Africa’s fastest growing cities for millionaires (2012 – 2020)

Rank City Growth rate per annum Millionaires in 2012 Millionaires in 2020
1. Accra 8.0% 800 1,500
2. Nairobi 6.3% 5,000 8,100
3. Lagos 6.2% 9,800 15,800
4. Luanda 6.0% 2,400 3,800
5. Dar es Salaam 6.0% 1,900 3,000
6. Algiers 5.0% 2,300 3,500
7. Casablanca 4.5% 2,700 3,800
8. Durban 3.7% 2,700 3,600
9. Pretoria 3.5% 2,500 3,400
10. Johannesburg 3.4% 23,400 30,600
Only includes cities with over 800 millionaires in 2012.

Link of the week

Starting close to home with our ‘Link of the Week’; we think this is a great link to a website that can help people start understanding investing into Ghana: