Accra, Monday, 9th March 2026 – Republic Bank (Ghana) PLC participated in the Ghana Real Estate Developers Association (GREDA) 2026 Annual CEO Breakfast Meeting held at the Palms by Eagles, Airport City, Accra. The meeting, themed “Resetting the Housing Agenda under the 24hr Economy: GREDA-Government Collaboration,” convened key stakeholders across government, real estate, finance and allied industries to examine practical solutions to Ghana’s housing deficit and align the sector with the national 24-Hour Economy agenda.
Dr. Benjamin Dzoboku, Managing Director, chaired the session and set the strategic tone for the delibrations. In his opening remarks, he emphasized that housing must be positioned as a central pillar of Ghana’s economic reset, not merely as a social need, but as critical infrastructure that underpins productivity, stability and long-term growth. He called for deeper structural collaboration between government, developers and financial institutions, noting that sustainable housing delivery requires synchronized action across policy, financing, land administration and local manufacturing. Dr. Dzoboku stressed that a productive 24-Hour economy demands a responsive housing ecosystem supported by efficient regulation, innovation financing models and scalable private-sector participation.
He further highlighted persistent barriers; land litigation, delays in title registration, high construction costs, affordability constraints and limited long-term financing, and urged stakeholders to move beyond dialogue toward measurable implementation. “We must transition from conversation to construction,” he noted, underscoring the need for coordinated execution.
Highlighting Republic Bank’s role in bridging the housing gap, Mr. Dan Mohenu, Head, Mortgage Banking, outlined targeted initiatives designed to make homeownership more accessible nationwide. These include faster disbursement processes, broad mortgage availability nationwide, agile responses to market dynamics, and competitively reduced interest rates. “Our objective is not only to finance homes but to finance stability, dignity and economic opportunity for Ghanaians,” Mr. Mohenu stated, reinforcing the Bank’s commitment to sustainable impact. He called for enhanced idea sharing and strategic partnerships among stakeholders to achieve mutual benefits.
The Special Guest of Honor, Hon. Kenneth Gilbert Adjei, Minister for Works and Housing and Water Resources, reaffirmed the Government’s commitment to strengthening collaboration with GREDA and financial institutions to accelerate housing delivery. He acknowledged concerns surrounding property tax reforms and the 20% VAT on real estate and indicated Government’s readiness to review the matter comprehensively. He further pledged continued efforts to address land acquisition bottlenecks and streamline regulatory processes to unlock private sector participation under the 24-Hour Economy framework.
GREDA representatives highlighted the policy’s potential to translate economic activity into more jobs for citizens, promote localized construction to minimize import dependency, and improve worker efficiency by reducing long commutes through affordable housing solutions closer to employment hubs.
In his closing remarks, Dr. Dzoboku synthesized the days deliberations and reinforced Republic Bank’s position as a strategic financing partner across the housing value chain. He emphasized the Bank’s readiness to deploy innovative financial solutions through its recently launched Republic Verse, to support developers, homeowners and institution partners at every stage, from individual aspirations to large-scale enterprise growth. “Deliberations must now translate into decisive action,” Dr. Dzoboku urged, calling on all stakeholders to move forward collaboratively in addressing Ghana’s housing challenges.
Republic Bank (Ghana) PLC remains committed to advancing customer-centric innovation, digital transformation and strategic partnerships that empower homeownership, enterprise growth and wealth creation nationwide.