₦airaland Forum

vaxx:
and you think this has anything on Ghana . international property award? it ranks property has nominate Montgomery Residences in accra silicon

Montgomery Residence and Silicon valley Accra both won the best property development in Africa.

rvp20182:
what difference does having a fund and funding through budget makes

the difference is when you have a fund, you can fund large projects based on it balance sheet while the other without a fund, borrow largely to fill it budget to build even a 1 million dollars footbridge

rvp20182:
GIIF - small potatos

The first results of the GIIF have confirmed this in an impressive way. Over the past three and a half years, GIIF has invested US $ 275 million in a portfolio of 12 infrastructure projects in 6 different sectors across Ghana.

I've always asked you to deal with facts and not fiction.

Small potato yet Kenya does not have a fund of it size


It will singlehandedly fund a 25 kilometre concrete motorway with 12 lanes and 7 interchanges, to the tune of 500 million dollars

rvp20182:
look at the net closing value

Net income for the period July to December means, interest earned by the fund after tax.

So it is added to the fund receivables for the half year, in it closing book value

rvp20182:
How much is net - after you remove the borrowings and the expenditure.

there were no expenditures from the fund in 2020.

The will be a 500 million dollars draw down from the Ghana Infrastructure Investment Fund this year, to finance the expansion of Tema motorway.

rvp20182:
GHC 875 million is 152m dollars.

you are really dumb

GHANA Sovereign wealth funds have a total of almost 5 billion dollars in them.

You can refer to yesterday, I posted a half year report on the amount that went into each of them for 2020.
These funds together, received 1.8billion dollars in 2020.
GIIF
GSF
GHF

Report on half year receivables

rvp20182:
Foreign reserves are NOT savings. This is "float" that is used for settling international trade and balance. If you sold them all off and paid debt with it - what will you use to import things to Nigeria - nobody wants the Naira outside Nigeria.

DO NOT CONFUSE FOREX with SOVERIGN(sp) wealth FUNDS. Nigeria soverign funds last I checked was about 10M dollars - that is all you managed to save from OIL. At least Ghana is trying...with 150M dollars

Nigeria revenues are about less than Kenya. You have more external debt than Kenya.

Ghana sovereign wealth fund is way above 150 million dollars

Wuoche:
Post it we want to see it.

I dont have it anymore

but i can surely post it when i download it again.

Wuoche:
Maybe in another planet. Accra is not even among top 10 in Africa.

Keep dreaming

Wuoche:
You posted 2020 report.

keep making noise

Wuoche:
Why should I check previous report when there is an updated report? Do you really listen to yourself?

Cause it listed what you have to have to be in the 1%

Wuoche:
Let's see the performance of retail sector. Observe the drop in Accra, Lagos, Cape Town, Johannesburg and Dar. Nairobi didn't drop and remained one of the better performing retail markets in Africa.

And yet Accra retail market is still far valuable than Kenya, according to the same Knight Frank.

i posted a 2021 report

Wuoche:
What you posted was a report released on March 2020.

Wuoche:
Noise as usually. I don't argue with noise makers, good bye.

just facts

you can check their previous report for it

im looking at 2021 and you are looking at 2020

Jonraid:
These is where they focus... No Accra.

Wuoche:
Then show us what a person needs in Ghana to get in the 1%. I want you to prove me wrong that it's not below $10,000

you need 500,000 dollars to get there

Wuoche:
Please look for 2021 report that was released today. Stop living in the past.

Im looking at 2021

Jonraid:
They don't teach comprehension in Ghana!

I guess you have a reading problem

comprehension is not taught but achieved through reading

Jonraid:
Ghana is not a key country for Knight Frank. Everyone including Congo gets a mention but that does not mean much!

And yet, Knight Frank made Ghana a key country of focus ?

Wuoche:
What people need to get to the wealthy 1% category in their respective countries. A South African needs $180,000 to get in the 1% in South Africa. A Nigerian need $70,000 to get in the 1% in Nigeria and a Kenyan need need $20,000 to get in the 1% category in Kenya.

Ghana is nowhere to be seen. I think their range is below $20,000.

it means that Ghana was not selected for that review

Jonraid:
Compared to the other markets,Kenya faired better.That's the message. And yes,if the Kenyan market did well in holding down its prices then that means that our ROI is actually good. Ghana is not even covered by Knight Frank.You should be the last one to talk.

You had a drop in prices, meaning that your market is bad for business

And Ghana is highly covered by the report

Wuoche:
Even with that drop in prices Nairobi still performed better than the rest of SSA which dropped thoroughly. You should not even talk cause Ghana doesn't feature anywhere in Knight Frank report that was released today.

Not true

It listed the Best performers and the worst performers and kenya happens to be one of them

You mean you didn't see Ghana in this same report?

Jonraid:
Which tells you of good ROI when one invests in Nairobi. In other markets the slumps in prices might have been steep.

A drop in prices will not give you a good return on investment

Wuoche:
Knight Frank 2020 report is out. Nairobi performed better than any city in Sub- Saharan Africa when it comes to luxury homes. Nairobi is top with a change of -3% and then followed by Cape Town with a change of -9%.

In Africa Overall.

Marrakesh is first.
Nairobi is second
Cape Town us third

I dont know if its foolishness or dumbness

You had a negative growth in prices and you are still here making noise

my goodness

what would man not see on this forum

gallivant:
I don't need RVP to whoop hobbits into shape. Next..

have you ever whipped someone on this thread before, zombie?

gallivant:
Dumb and dumber.

the rvp you were following in his stupid arguments has ran and left you.

now you are making noise

gallivant:
Please just be quiet. You are loosing your faculties already!

Good you are back to factory reset #TANTRUMS

gallivant:
Yet, it's Ghana getting raped by the donors.

https://pbs.twimg.com/media/EVj_ogRXQAAJ6Vc.jpg

we are not a poor country like Kenya, so we dont receive donor funds

gallivant:
This explains the 17 IMF bailouts? Joke of the century!!

when I said you weren't rich like us, this is what I meant .


In 2020, 1.8 billion dollars went into our petroleum holding funds for safe keeping.

Guess how much goes into our gold royalties funds

rvp20182:
Stockholm syndrome.

Yet we finance our own development ourselves.

Your country is heavily dependent on loans and grants.

Your elections will soon be here and you will be looking of aid to fund it.

gallivant:
Just look at this raping of a nation..

https://pbs.twimg.com/media/EVj_ogRXQAAJ6Vc.jpg

your country is not rich like us, we can repay our debt by blinking our eyes.

Your country cant.


We have a stabilization fund that can loan your country the 3 billion dollars that it is collecting from the IMF.

worry about kenya.

Shaytun:
Now who is the IMF colony

crazy world