Last week, a historic occasion occurred at Achimota, Accra, as dignitaries from Ghana and Nigeria converged at the sod-cutting ceremony of the Pan-African Mall (PAM).
The event was graced by the Deputy Minister of Trade and Industry of Ghana, Stephen Amoah and the Minister of Trade and Industry of Nigeria, Otumba Adeniyi Adebayo CON, both represented their respective Presidents.
The Mega Mall is set to become one of sub-Saharan Africa’s historic landmark. For shoppers, the experience will be all inclusive yet unique. PAM looks at “fostering multilateral socio-economic development and ties between African economies” as said by Mr. Stephen Amoah. During the ceremony, both nations’ ministers praised the investors for their commitment to the project and their dedication to the development of Africa.
In her speech, the Chairman/CEO of Nigerians in Diapora Commission (NiDCOM), Abike Dabiri-Erewa said that they would provide mortgage financing for Nigerian business owners in Ghana, which should further be a boost.
The project is being spearheaded by Brains and Hammers Ltd (Ghana) who are committed to the economic growth, job creation and empowerment of Africans. They are a real estate and infrastructure construction, development and management company.
A long-standing relationship based on mutual respect, trust, and shared values by both Nigeria and Ghana was outlined by Otumba Adeniyi Adebayo CON.
Andrew Achampong-Kyei, Managing Director – GLICO General Insurance also reiterated that they will offer guarantees to the investors and shop owners and had designed a special policy i.e the rent to own, which enables an investor make substantial regular rent payments towards owning the shop.
The PAM welcomes all African traders to take advantage of the fully secured state of the art shops and the mall. It will be built over a period of two years.