Home / Gossip & News / REDUCING HOUSING DEFICIT IN GHANA: First National Bank & Glitz Africa Living Magazine host maiden Home Ownership Series…photos speak!

REDUCING HOUSING DEFICIT IN GHANA: First National Bank & Glitz Africa Living Magazine host maiden Home Ownership Series…photos speak!

On Thursday, April 15, 2021, Glitz Africa Living Magazine in partnership with First National Bank with support from Glico Group hosted the maiden edition of the Home Ownership Series under the theme, “Reducing Housing Deficit in Ghana”.

The event which took place at the Mövenpick Ambassador Hotel Accra brought together stakeholders in the real estate industry to deliberate on issues relating to owning homes and reducing housing deficit in the country. The event was facilitated by Jerry Adjorlolo.

The Executive Head of Home Loans (FNB), Kojo Addo-Kufour delivered the opening remarks, stating the purpose of the event about deliberating on solutions of making home ownership a smooth process for Ghanaians in order to reduce the challenge of housing deficit in the country.

The Minister of Works and Housing, Hon. Francis Asenso-Boakye who was the Special Guest of Honour in his speech said, “Homes and for that matter housing, in general, is fundamental to the health and well- being of people and the smooth running of countries. Currently, it is estimated that 60 percent of Ghana’s population will need some form of government assistance to support them get access to housing while 35 percent will not able to access housing even with government support in terms of subsidy. The government recognises this huge challenge and has pledged to critically look at the general institutional architecture that drives the housing sector.

For this reason, the NPP Government plans to set up a National Housing Authority (NHA) to lead the supply side of the housing market. The National Housing Authority, will not only serve as a regulator in the sector, but also plan, develop and manage housing development in Ghana.”

Acting Group Head, Corporate Affairs & Marketing of Glico Group, Kukua Apprey also shared some remarks about the need to take home insurance seriously to protect our properties against any incident.

A panel discussion on the theme followed with Kofi Anku, (board member, Ayi Mensah Park), Samuel Amegayibor (Ag. Executive Secretary – GREDA), Matthew Boadu Agyei (CEO, Whitewall Properties) and Kojo Addo-Kufour (Executive Head, Home Loans) as speakers.

The CEO of Glitz Africa and Editor-in-Chief of the Glitz Africa Living Magazine, Claudia Lumor gave a short address, impressing on the stakeholders present to keep the conversation going on curbing the housing deficit challenge we face in Ghana.

“I hope it doesn’t end here; but all policy makers, developers, financial institutions, government and all other industry stakeholders will continue the conversation on curbing this challenge by putting the needed structures and policies in place, in order to improve the quality of life for the average Ghanaian.”

The Glitz Africa Living Magazine, the latest magazine from the Glitz Africa brand was also unveiled. It will serve as a fine blueprint of the best properties in the city, highlighting the current trends in architecture and interior design, telling the story behind some of the property developers who have stood the test of time and excelled.

Guests at the event included Lena M. Todd (CEO, Magnolia Realty), Alessandro Gerbino, (Italian Trade Commissioner), Murat Bugra Karamis (Commercial Counsellor for Turkey), Nathan Kwabena Adisi (Bola Ray), Cynthia Ofori-Dwumfuo (Group Head, Marketing and Corporate Affairs of Hollard Ghana), Mr Annish Doorgapersad (Group CEO, Devtraco Group) etc.

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