Groundbreaking event initiated for the construction of Pan-African Mall
A Groundbreaking Moment at Achimota, Accra: The Pan-African Mall
Last week, the vibrant atmosphere of Achimota, Accra, was amplified by a monumental event — the sod-cutting ceremony for the Pan-African Mall (PAM). This marvelous occasion was graced by the Who's Who of Ghana and Nigeria, including the Deputy Minister of Trade and Industry of Ghana, Stephen Amoah, and the Minister of Trade and Industry of Nigeria, Otumba Adeniyi Adebayo CON.
The PAM is poised to become a beacon of sub-Saharan Africa, an iconic landmark that promises an all-inclusive, unique shopping experience. As emphasized by Mr. Stephen Amoah, the mall aims to forge multilateral socio-economic development and strengthen bonds between African economies.
During the ceremonious event, both nations' ministers extolled the bravery of the investors, praising their dedication to Africa's development. The Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, even announced plans to provide mortgage financing for Nigerian business owners in Ghana, further bolstering the project.
spearheading the PAM's construction is Brains and Hammers Ltd (Ghana), a dynamic real estate and infrastructure company, committed to fostering economic growth, job creation, and African empowerment.
Otumba Adeniyi Adebayo CON highlighted the enduring bond between Nigeria and Ghana, centered on mutual respect, trust, and shared values. In tune with this sentiment, Andrew Achampong-Kyei, Managing Director - GLICO General Insurance, pledged guarantees to investors and shop owners and presented a specialized policy, the rent-to-own initiative, enabling investors to make regular rent payments towards owning their shops.
The PAM extends an invitation to all African traders to capitalize on the fully-secured, state-of-the-art shops and the mall, which will take shape over a two-year period.
Although specific details on the PAM project are scant, other African regions are experiencing an upswing in real estate developments. Projects like Palladium Residences are part of a broader effort to enhance infrastructure and stimulate economic growth in the area [sources 2 and 5]. In line with this trend, the PAM could potentially drive similar outcomes by promoting economic growth, improving infrastructure, and fostering African economic ties.
So, get ready, Africa! Prepare for an incredible shopping experience that promises to redefine the retail landscape and invigorate socio-economic development across the continent. The Pan-African Mall — where growth meets grandeur.
- The Pan-African Mall (PAM), spearheaded by Brains and Hammers Ltd, is poised to become a significant investment in Africa's development, focusing on economic growth, job creation, and empowerment.
- As the mall aims to forge multilateral socio-economic development and strengthen bonds between African economies, it offers an all-inclusive, unique shopping experience.
3.Stephen Amoah, the Deputy Minister of Trade and Industry of Ghana, emphasized that the Pan-African Mall is not just a business venture but a real-estate investment with potential to drive growth and improvement in infrastructure.
- The Minister of Trade and Industry of Nigeria, Otumba Adeniyi Adebayo, highlighted the enduring bond between Nigeria and Ghana, and stated that the PAM would reinforce the mutual respect, trust, and shared values between the two nations.
- To further bolster the project, the Chairman/CEO of Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa, announced plans to provide mortgage financing for Nigerian business owners in Ghana.
- On the grounds of mutual support, GLICO General Insurance, offered guarantees to investors and shop owners, and presented a specialized policy, the rent-to-own initiative, enabling investors to make regular rent payments towards owning their shops.
