Business
Black American Entrepreneur Redefines Diaspora Investment by Building a Luxury Island Community in Ghana
Ghana is emerging as a top destination for diaspora-led real estate and tourism investment, as Shark Island Resort and Residence, a luxury waterfront development in the Volta estuary, gains international attention for its scale, ambition, and business model.
Founded by Marvin Walker, a Black American entrepreneur, Shark Island is a privately owned island development near Big Ada, where the Volta River meets the Atlantic Ocean. The project blends high-end residential real estate, resort tourism, and marine recreation—positioning itself as a new blueprint for diaspora-driven development on the African continent.
Unlike traditional luxury estates concentrated around Accra, Shark Island is intentionally located outside the capital, tapping into underdeveloped coastal potential while leveraging proximity to established attractions such as Aqua Safari Resort.

A Diaspora-Led Vision Beyond Real Estate
Shark Island is not just about building homes—it is about ownership, legacy, and economic participation for Africans in the diaspora.
The development includes:
- Beachfront three-bedroom and two-bedroom luxury villas, each with private pools
- Condominium units designed for extended families and group rentals
- A 3,700-capacity event stage aimed at year-round cultural and entertainment programming
- A marina featuring jet cars, yachts, sea breachers, jet skis, and water sports
- On-site amenities including a medical center, gym, supermarket, Wi-Fi café, beauty salon, barbershop, and forex services
Walker describes the project as a response to a growing demand among diaspora investors who want more than symbolic ties to Africa—they want viable assets with income potential.
“People don’t just want to visit Ghana anymore,” he explains. “They want to own something here, earn from it, and still enjoy it.”

Business Model Built for Returns
Shark Island operates as a resort community, allowing property owners to earn rental income when they are not in residence. According to Walker, beachfront villas in the area already command nightly rates comparable to premium resorts, with demand peaking during major cultural seasons such as December tourism and diaspora events.
Buyers typically make a 30% down payment, followed by monthly installments during construction. A centralized property management system handles rentals, maintenance, and marketing—lowering barriers for overseas owners.
One early buyer, Walker notes, has reportedly gained over US$270,000 in equity in under a year, highlighting the project’s investment appeal amid rising interest in Ghana’s real estate market.
Manufacturing, Jobs, and Local Collaboration
Beyond real estate, Shark Island is expanding into light manufacturing, with plans to locally produce custom jet cars using imported molds—reducing import costs and navigating Ghana’s duty structures more efficiently.
The project employs local labour while also attracting skilled professionals from the diaspora, including medical doctors and nurses from the United States, some of whom have relocated permanently with their families.
Walker credits collaboration with established Ghanaian businesses, particularly Aqua Safari, for accelerating learning and minimizing costly mistakes.
“Success leaves footprints,” he says. “We followed those who already built something sustainable here.”
Rebranding Ghana for Global Luxury Tourism
With its mix of adventure tourism, waterfront living, and cultural programming, Shark Island aims to reposition Ghana as more than a heritage destination—it seeks to place the country firmly on the map for luxury experiential travel.
“This is not about copying Dubai or Miami,” Walker notes. “It’s about proving that Africa can offer world-class experiences on its own terms.”
As diaspora capital continues to flow into Ghana, projects like Shark Island highlight how private investment, cultural reconnection, and economic opportunity can intersect—reshaping both perceptions and possibilities.
Business
Young Self-Taught Black Inventor Julian Brown Develops Revolutionary Plastic-to-Fuel Technology
Atlanta, USA – A young Black inventor from Atlanta, Julian Brown, has stunned the scientific community and gone viral worldwide after developing a backyard process that converts everyday plastic waste into usable diesel, gasoline, and jet fuel.
Born in Tennessee and raised in Atlanta, Brown — a self-taught welder with no formal degree or laboratory — created a system called “Plastoline.”
Using an upgraded form of pyrolysis (a thermal decomposition process), enhanced with microwaves and solar energy for cleaner conversion, he built a small reactor capable of turning discarded plastics back into high-quality fuel.
Independent tests reportedly confirmed that the diesel and gasoline produced are among the most refined seen, and he has successfully powered vehicles with the fuel in live demonstrations.
Brown launched a startup called Nature Jab and began sharing his experiments on Instagram and TikTok, where the videos quickly gained millions of views globally. Despite suffering second-degree burns in a reactor explosion, he refused to abandon the project.
He attempted to raise $1 million to scale the technology but secured only tens of thousands of dollars. In July 2025, he posted that he was under attack before temporarily vanishing from public view.
He has since re-emerged, with supporters calling for his protection and greater investment in his work.
The innovation has sparked particular excitement across Africa, where plastic waste accumulates in massive quantities in landfills and communities.
Experts say Brown’s technology could offer a practical solution for turning waste into energy, addressing both environmental pollution and fuel shortages on the continent.
Commentators have criticised the lack of substantial support from investors and the broader community, questioning why a breakthrough with such transformative potential, especially from a young Black inventor, has not received wider backing.
Business
MTN Signals Major Data Center Investment Plans in Ghana
Accra, Ghana – MTN Group is exploring significant investments in data centers in Ghana as Part of its digital push.
The telecoms giant says the move is a natural extension of its broader digital infrastructure strategy in one of its most important African markets.
Group Chief Executive Officer Ralph Mupita made the announcement during a strategic visit to Ghana at the beginning of 2026. He said the company is keen to partner with both public and private stakeholders to develop large-scale data centers that would enhance cloud computing, data storage, and digital service capabilities across the country.
Mupita stated that such facilities are critical to supporting Ghana’s long-term digital transformation and economic growth.
He acknowledged, however, that establishing world-class data centers would require addressing key infrastructure challenges, particularly reliable power supply, suitable land, and advanced cooling systems. MTN is therefore considering collaborative models to ensure projects meet both commercial viability and sustainability standards.
During his engagements, Mupita held discussions with MTN Ghana’s leadership, regulators, and senior government officials, including the Bank of Ghana, the Ghana Investment Promotion Centre, and Minister for Communications, Digital Technology and Innovations, Sam George.
He described Ghana as a priority market that “feels like home” and reaffirmed the Group’s commitment to deepening investments in digital infrastructure and financial inclusion.
On the fintech front, Mupita highlighted plans to expand mobile money services while working closely with the central bank to strengthen fraud prevention through artificial intelligence.
The visit underscored MTN’s ambition to remain a key partner in Ghana’s digital economy, driving innovation, job creation, and inclusive growth.
MTN Ghana (Scancom PLC) is the dominant telecommunications market leader in Ghana and has been recognized as a top-performing operation within the MTN Group. The company is actively shifting from a traditional telco to a technology platform company, with a focus on fintech (Mobile Money) and digital inclusion.
Business
New Cashew Processing Plant and Fertilizer Facility to be Set Up in Ghana
Accra, Ghana – Ghana’s Ministry of Food and Agriculture has signed three Memoranda of Understanding with Chinese firm SENTUO Group Limited to drive agro-industrial growth through major new investments in processing, fertiliser production, and farmer support services.
The agreements, signed in Accra on Tuesday, include the establishment of a cashew processing plant at Sampa in the Bono Region and a fertiliser manufacturing facility. SENTUO will also roll out 30 Farmer Service Centres nationwide to improve access to quality inputs, mechanisation services, and technical support for farmers.

The projects are expected to create significant employment opportunities, particularly for young people, while enhancing value addition and reducing Ghana’s reliance on raw commodity exports.
Minister for Food and Agriculture Eric Opoku described the partnership as a major step toward the government’s Agriculture for Economic Transformation Agenda.
“We are ready to industrialise Ghana’s agriculture,” he said, adding that the cashew plant will process both nuts and apples to maximise returns across the entire value chain.
He emphasised the need to move from exporting raw produce to building a vibrant, value-driven agro-industrial economy.
The Chairman of SENTUO Group Limited, Xu Mingjuan, said the company’s nearly 20 years of operation in Ghana and the current government’s 24-hour economy policy had encouraged further investment. He confirmed that engineers have already started preliminary work on the projects.
The deals signal growing Chinese interest in Ghana’s agricultural transformation and are expected to strengthen food security, boost exports, and create sustainable jobs across the value chain.
-
Ghana News14 hours agoPope Leo XIV Strongly Criticises Foreign Exploitation of Africa During Visit to Conflict-Hit Cameroon
-
From the Diaspora14 hours agoGhana High Commissioner Assures UK Scholarship Students of Structured Payment Plan to Clear £32 Million Debt
-
Africa Watch1 day agoPresident Mahama Arrives in Brazzaville for N’Guesso’s Inauguration as Re-Elected Leader of Congo
-
Ghana News13 hours agoGhana to Open New Embassy in Singapore in Bid To Strengthen Trade Ties with Asia
-
Global Update1 day agoSouth Africa’s Political Landscape Shaken After Julius Malema Sentenced to Five Years in Prison
-
Ghana News2 days agoGhanaian Man Jailed for Minimum 16 Years for Murder of Deaf Woman in UK
-
Ghana News2 days agoBerekum Chelsea Robbery Suspects Arrested, Power Supply Disruptions, and Other Big Stories in Ghana Today
-
Ghana News20 hours agoMorocco Gifts 2,000 Metric Tons of Fertilizer to Ghana Amid Global Shortage
