Home / Event / 2020 JoyNews Ecobank Habitat Fair supports government to bridge housing deficit
11th JoyNews Ecobank Habitat Fair
11th JoyNews Ecobank Habitat Fair

2020 JoyNews Ecobank Habitat Fair supports government to bridge housing deficit

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Source: Joy Business

The 11th Joy News Ecobank Habitat Fair which took-off today is supporting government’s efforts to bridge the rising housing deficit in the country, which hovers around two million housing units, by connecting prospective house owners to mortgage financiers, real estate developers, among other suppliers to make their dreams a reality.

More importantly, the various partners including Ecobank Ghana, Duraplast, DBS Roofing, Plan City Extension have made available provisions for Ghanaians to acquire their own houses with ease.

For instance, Title Sponsor Ecobank Ghana has a comprehensive mortgage financing with competitive interest rates for all class of income earners [middle, upper], whilst Durapalst and DBS use the latest technology to manufacture new water tanks and poly products, pipes that are covid-19 responsive and roofing sheets,, amongst others.

Opening the three days fair [6th November to 8th November] which is themed; “Affordable Housing: Beyond the rhetoric”, Deputy Minister of Works and Housing, Barbara Asher-Ayisi said government’s vision is to use an appropriate mix of public policy and public private investments to deliver quality, affordable social housing and private housing solutions that meet the needs and financial capacity of the ordinary Ghanaian.

The Deputy Minister further stated that government has secured about $51 million to finish the uncompleted affordable housing projects across parts of the country.

“The Ministry has concluded the process to secure funds to complete the stalled affordable housing projects at Koforidua, Tamale and Wa at an estimated cost of $51 million. Accordingly, the Ministry has since transferred the three sites to State Housing Company Limited (SHCL) for completion”, she emphasised.

Ecobank Ghana

Head of Corporate Banking at Ecobank Ghana, Henry Ampong said Ecobank has over the years worked with many real estate companies to provide different class of houses to meet the needs of the market, adding, “we have been doing this to complement the efforts of government and provide descent houses for the good people of Ghana.”

He pointed out that Ecobank as a leading financial services provider in this country is highly committed to joining other stakeholders in the country’s quest to provide decent housing accommodation to reduce the prevailing housing deficit.

“In doing this, we have always ensured that the financing of mortgage classified as affordable to meet the needs of the average working class. We [Ecobank] at the same time also provide for the luxury earned of the market, to cater for the middle and upper classes.

This way, Ecobank seeks to entrench itself as the go-to-bank for mortgage financing, serving the low-end, high-end and everyone in between the bracket”, he said.

“I invite all potential home owners as well as operators within the real estate value chain industry to approach our consumer banking division for the best solutions on offer. Our team of experts will assess your needs, provide to you various options and the types of financing arrangement that will suit you”, he emphasized.


From land acquisition, sale, starting to build, using the right materials, completing the building to paintings and fitting all that is needed, the Habitat Fair will be a one-stop-shop for all your housing needs.

More importantly, acquiring funds to make your dream of owning a home will be given much priority as the headline sponsor Ecobank is here to assist you in acquiring mortgage financing to facilitate your aspirations of owning a property.

More than 2 3 firms are exhibiting their offerings at the three days events which is expected to be graced by several thousands of people.

People can also access the fair virtually via the various social media platforms of Joy News/FM, to listen to the various speakers, obtain advisory services on what to do to acquire their dream homes, among many others.

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