According to them, hundreds of hectares of cocoa farms have been demarcated with pillars to be destroyed for the construction project.

One of the affected farmers, Yaw Thomas, who owns thirty-five acres of cocoa farm, said the Onaa community is the second largest cocoa producing community in the Ashanti region.

“Government and COCOBOD should base on the Economic Plant Protection Act 1979 to intervene and stop the alledged private developer from cutting down our cocoa trees for real estate redevelop,” he said.

He said the farmers inherited their farmlands from their forefathers and have farmed for over four hundred years in the area.

The farmers are surprised at the turn of events to clear their trees.

“Onaa is a total village community; what income will you gain for constructing real estate in this bush. The government needs to come in because this is our source of livelihood,” Thomas stated.

The President of Concerned Cocoa Farmers Association in Ghana, Nana obodie Boateng Bonsu II, visited the community to access the situation.

He called on the government to urgently deployed a taskforce to beef up security and prevent the destruction of cocoa farms.

“Cocoa had been declining and challenging for Ghana COCOBOD due to galamsey activities, why should we allowed hectares of cocoa trees to be cut down in the second largest cocoa producing area in the Ashanti region? He quizzed. “No it won’t happen.”

According to him, the Parliament of Ghana should strengthen laws protecting the cocoa tree from indiscriminate cutting.

“We the concerned cocoa farmers won’t allow this to happen. I am looking for the so-called private developer to deal with him with the law,” he said.

Source: Joseph Obeng

Kwabena Adu Boahene, the former Director-General of the National Signals Bureau (NSB), has been accused of embezzling state funds and laundering them through real estate investments in Accra.

The Attorney-General and Minister of Justice, Dr. Dominic Ayine, revealed the allegations at a news conference on Monday, March 24, 2025.

Dr. Ayine disclosed that Mr. Adu Boahene invested a total of $2,217,815 million in landed properties both in Ghana and abroad.

The charges follow Mr. Adu Boahene’s arrest, which is connected to financial misconduct involving a $7 million cyber defense system contract.

The contract, signed on January 30, 2020, between the Ghanaian government, the National Security Ministry, and the Israeli firm RLC Holdings Limited, was intended to enhance the country’s ability to detect, prevent, and respond to cyber threats and data breaches.

In his capacity as NSB boss, Mr. Adu Boahene signed the contract but also created a private business that closely mirrored the operations of the NSB, which he ran with his wife.

Mr. Adu Boahene was arrested on Thursday, March 20, 2025, at Kotoka International Airport upon his return from London, and he remains in detention.

ALSO READ:

• EOCO arrests Kwabena Adu Boahene at Airport
• Adu Boahene arrested for diverting $7m into private accounts – Attorney-General

Speaking on Adom FM’s Reboot Your Life Series on the topic “Knowing What Goes into Building a House,” Dr. Awuah outlined key steps prospective landowners should take to avoid complications.

He highlighted the need to identify the type of land being purchased, whether it is industrial, farming, government, or family land, and to ensure it is litigation-free.

“After securing your land title document, quickly register the land in your name,” he advised.

He added that proper investigations must be conducted to verify ownership and avoid falling victim to impersonators or fraudulent transactions.

Dr. Awuah also stressed the importance of budgeting and planning.

He encouraged individuals to buy land within their means, consider the intended purpose, and factor in location according to their finances.

“Building a house isn’t difficult, but it depends on how you go about it. You don’t need to save all the money before you start; you can build gradually,” he said.

He further advised seeking guidance from experienced and trustworthy individuals to navigate the challenges of building, such as dealing with contractors and foremen, and emphasized the importance of timing and proper planning throughout the process.

Watch the video below:

READ ALSO:

• GNASSM condemns shooting incident at Obuasi mining site, demands justice
• Mahama sets up Constitutional Review Committee
• 8 dead in clash between small-scale miners and soldiers in Obuasi

Developed by CPL Developers, a reputable name in Ghana’s real estate sector, this premier project promises to redefine upscale living while offering exceptional investment opportunities for discerning buyers.

Some of their notable projects include Belmonte, a luxury apartment complex in East Legon that offers modern amenities and exquisite design, and Oasis Park Residences, which has garnered attention for its hotel-styled apartments that provide enviable rental income.

Each development reflects CPL’s dedication to quality, innovation, and customer satisfaction.

The Tower Residence: A New Standard in Luxury Living

Located in the prestigious Airport Residential area, The Tower Residence features twin towers that harmoniously blend elegance with modern convenience.

This development offers a variety of fully automated spacious units, including executive studios, one-bedroom apartments, two-bedroom apartments, and maisonette, designed with the utmost comfort in mind.

Key Features of The Tower Residence:

Fully Automated Units—One of the most compelling features of this luxurious twin tower project is that all units are fully automated, integrating advanced technology to enhance residents’ living experience.

Stunning Skyline Views: Residents can enjoy picturesque sunsets, vibrant city lights at night, and a constant reminder of the city’s energy and vibrancy.

Extensive Amenities: With over 15 life-enhancing amenities such as a rooftop pool, fitness center, and landscaped gardens, The Tower Residence is designed to elevate everyday living.

Strategic Location: This development’s proximity to Kotoka International Airport, key business districts, schools, and recreational facilities makes it ideal for families and professionals.

Flexible Payment Plans: The best part of owning a part of The Tower Residence is that you don’t have to pay it all at once. There are tailored payment plans to suit your budget.

A Rare Investment Opportunity

As the demand for luxury properties in Accra continues to rise, investing in The Tower Residence presents an excellent opportunity for capital appreciation and rental income.

The luxury real estate market is projected to grow steadily, making now the perfect time to secure your place in this thriving community.

You Can Start Now

With its innovative design, prime location, and exceptional amenities, The Tower Residence is poised to become one of Accra’s most sought-after addresses.

Whether you are looking for a new home or a lucrative investment opportunity, this development offers everything you need to live comfortably and stylishly.

For more information on The Tower Residence, visit here.

Don’t miss your chance to be part of Accra’s newest luxury living experience!

In a statement to the press, Apostle Quarshie emphasized the company’s dedication to assisting the government in addressing the country’s housing shortage.

Cereno Homes plans to tackle this issue by the construction of affordable and durable houses, apartments hotels, hostels for short and long stays, and ultra-modern holiday destinations for visitors as well.

Apostle Quarshie underscored the pivotal role of housing in driving economic and social development, noting its positive impact on societies worldwide.

However, he lamented that Ghana has long struggled to resolve its housing challenges despite numerous initiatives.

This has resulted in a housing deficit exceeding one million units.

The importance of housing in the economic and social development of a nation cannot be overestimated. Housing is the key element in the generation of economic growth and development. As a result, it has had a strong positive impact on the growth and development of many societies in the world but this is not the case in Ghana. The country has been suffering for many years in trying to solve the housing situation through so many programmes and policies but to no avail. The consequences have resulted in a housing deficit of well over one million houses. It was against this background that we have emerged and are providing solutions, Apostle Quarshie noted.

Cereno Homes aims to address this deficit by offering a range of housing options suitable for various income levels.

Cereno Homes is here to roll out housing policies in the country that accommodate the financial conditions of each and every potential homeowner especially the working class who do not need to burden themselves with contracting loans for housing, he added.

With properties in Accra, Keta (Volta Region), and Tema, the company aims to provide accessible housing solutions tailored to the financial circumstances of potential homeowners, particularly the working class.

By alleviating the need for burdensome loans, Cereno Homes seeks to make homeownership attainable for all.

According to her, the OSP has not provided any evidence of that claim.

The court document filed by the Office of the Special Prosecutor said Cecilia Abena Dapaah “was engaged in undisclosed and undeclared real estate business in which she obscured and concealed the transactions by employing the use of aliases to avoid detection of the actual ownership of the business and properties, while cleverly receiving proceeds of the transactions in her bank account and investments.”

This is part of OSP’s attempt to confirm the seizure of suspected tainted properties belonging to Madam Dapaah.

However, in an abridgement of time application to the court, the former Bantama MP has denied the allegations outrightly.

According to her, she only sold a property in a representative capacity for her deceased mother.

“That I have an undisclosed and undeclared real estate business when I have no real estate business and the applicant has not provided a scintilla of evidence that I do. I concealed my identity by using aliases to sell the property to third parties when Applicant’s own Exhibit OSP16 shows that I rather sold the property in a representative capacity for Nana Yaa Ode.

Nana Yaa Ode also known as Nana Ode Nyarko, was my mother (now deceased),” Cecilia Dapaah explained in her affidavit.

Meanwhile, she has also maintained that the OSP is abusing her silence in the ongoing case and wants the court to expedite the hearing.

According to her, the OSP relied on her caution statement taken from her earlier to refreeze her accounts and re-seize her cash despite the earlier court order.

“Again, the Respondent has alluded to my decision to remain silent on 7th September 2023 and is seeking to on that as further justification for the confirmation of his re-seizure of the money and re-freezing of my bank accounts which he did two days prior on September 5, 2023.”

“I am advised by Counsel and verily believe the same to be true: having exercised his administrative powers to re-seize the money and refreeze my bank accounts on 5th September 2023, the Applicant cannot justify his suspicion on the cautioned statements in Exibits OSP10 and OSP6 which were taken after reseizure and refreezing.”

ALSO READ:

• Cecilia Dapaah’s aide reacts to real estate business ownership

• Come out clean – Cecilia Dapaah, bank told

“Ghana is one of the fastest-growing economies in Africa and provides attractive opportunities for investors and international organizations.”

He made this statement following the strategic partnership between Verdant Ventures (“VV”) and  Ghanaian developer, Dara Salam Group (“DSG”) to launch a high-end diplomatic residential project, targeted to start in February 2023.

“We are honoured to partner with Dara Salam Group to develop this landmark project that will offer the highest level of accommodation in Accra and support the country’s pole position as an international hub for corporates and diplomatic engagements,” he said in an interview with the media.

The project will see the construction of 106 world-class units comprising two, three and four-bedroomed apartments and penthouses built to international, seismic and diplomatic standards.

Located in the diplomatic blue zone of Accra and adjacent to Independence Avenue, the state-of-the-art project will feature bespoke amenities and facilities suitable for diplomatic and high-end corporate tenants who require international standards of seismic compliance, and fire and life safety in a community environment.

The conveniently located site is close to malls, restaurants, hospitals, diplomatic missions and the airport.

Verdant Ventures, a US-based real estate development company specializing in diplomatic and corporate accommodation development in Africa has recently completed two similar projects in Ethiopia and Kenya.

The Ethiopian development comprises a 112-unit residential tower located in the Gulele area of Addis Ababa.

The Kenyan project consists of a 90-unit development with extensive amenities and was awarded “Best High-End Residential Development” at the API summit in September 2022.

Both are anchor tenanted by the US Government through its Overseas Building Operations (OBO).

“DSG is proud of partnering with Verdant Ventures to offer this exceptional project to the Accra market. Verdant Ventures’ track record of developing and delivering two similar projects on the continent gives us much confidence in our partnership and our vision to create international-class residential communities in Accra,” said Alhaji Yusuf Ibrahim, Chairman of DS Real Estate.

An award-winning consortium of international consultants have teamed up with local professional firms to design the project and ensure its completion within the stipulated timelines.  Designed to IFC Edge Green building standards, the project features solar power, spare water storage, backup power generation and on-site wastewater treatment.

Amenities include a swimming pool, gym, clubhouse and reception area, exterior barbecue zones, children’s playgrounds and dog runs. Underground tenant parking and storage are also provided, together with ample surface visitor parking.

“This is our third Diplomatic Housing project in Africa; we are extremely proud of our record of delivering international standard developments within programme and budget, allowing our clients to focus on their core activities in the continent,” Redman added.

Verdant Ventures’ team has extensive real estate experience on the African continent, having collectively completed more than 130 projects worth over $3.5B across 29 African countries. Verdant Ventures has a current pipeline of $330M of diplomatic residential and commercial projects in 9 countries.

The Dara Salam Group is an established Ghanaian company with a diversified portfolio of activities. DS Real Estate has delivered over 50 townhouse residential units in the past 5 years, and is currently developing an office building with 37,000m2 of leasable space in the Airport City area.

The Ghana project is set to create over 1,500 jobs during the construction phase and will include several social investment initiatives to empower communities in Accra.

About Verdant Ventures

Verdant Ventures is a US-based real estate development company established in 2016. Its mission is to provide high–quality real estate projects across Africa, meeting international standards, creating satisfied customers, empowered workers, and delighted investors. 

Verdant Ventures’ team of professionals is fully conversant with both the demands of international corporations and the challenges of delivering real estate projects in Africa. The developer tailor-builds infrastructure to their clients’ specifications and leases it back to them, freeing their client’s capital to be immediately deployed on core operations and value-added services.

Verdant Ventures’ senior team has 50 years of combined real estate and construction experience in Africa and over USD 10 billion of project value delivered worldwide.

Launching his newly fully-furnished decorated homes over the weekend at Two Streams, Mangoase Junction in Koforidua, the businessman recounted his journey, adding that, he has never regretted toeing the line.

Talking about one of his business strategies, he said apartments are not supposed to be strictly conform to the one-year-two-year advance payments as his business entity allows booking of a fully furnished one bedroom apartment and studio room for days, weeks and even months.

According to him, not all clients would like to lodge for years, hence it will be apt if landlords consider those who will stay for days and at least months.

 “When you are doing business, you have to have many targets. The idea of giving out apartments and rooms on yearly basis shouldn’t be the only focus if you want to make money.”

He further expressed the need for those interested in the real estate business to have modern facilities at their premises to entice people who lodge for business, fun among other reasons.

“We have modern facilities among other things such as a private balcony with a mountain view, double size bed, fully furnished kitchen among other enviable elements to make our guest comfortable.

“The aim is to let them have these simple modern house technologies to keep things up in the real estate world,” he said.