Commentary
Accra, A City Where Vaults Have Balconies
Accra is building upwards at an extraordinary pace. Sleek apartment towers with ambitious names—A-Heights, B-Towers, C-Residences—are sprouting across the capital’s most affluent neighbourhoods, from Cantonments and Labone to East Legon and Ridge. Many come with gyms, pools, rooftop lounges, and concierge desks. Yet drive past these gleaming structures after sunset, and a strange silence hangs over them. The number of lit windows on most evenings could be counted on one hand.
This paradox, luxury apartments multiplying while remaining largely empty, their prices defying the basic economic logic that excess supply should drive costs down, is at the heart of a provocative social media essay by Kofi Hamilton Amekudzi. In a Facebook post that has generated hundreds of reactions and dozens of detailed comments, Amekudzi asks a question that has quietly troubled many Accra residents: who is buying these homes, and why do so many appear to be used as little more than “vaults with balconies”? Read the full article below.
ACCRA, A CITY WHERE VAULTS HAVE BALCONIES
Drive through Accra these days, and you will see apartments shooting up like missiles. They rise. They glitter. They acquire ambitious names such as A-Heights, B-Towers, C-Residences, D-Pinnacle, E-Apex, F-Summit, etc. It appears the developers are running out of synonyms for the word “high”.
In Cantonments, Labone, Airport Residential. East Legon, Osu, Nyaniba, Ridge, and beyond, familiar bungalows are giving way to vertical structures determined to redefine Accra’s skyline. The developers will tell you that the land on which stood a single bangalow must be maximised.
Most of these apartments include gyms, swimming pools, rooftop lounges, concierge desks, and many other admirable amenities, included to enhance their appeal. I would not be wrong to say the building of apartments has become a competition in Accra. And yet, for all the furious construction, a strange silence hangs over these buildings after sunset. Drive past at 8pm and count the number of lit windows. You will surely not need the fingers on both hands.
Therein lies the puzzle that is not easy to explain. The apartments are everywhere but are largely empty, and yet their prices continue to ascend like a BA jet leaving Accra International Airport. Ask any first year economics student what happens when supply outstrips demand? Clearly, the Accra apartment story defies the principles contained in Economics text books.
So, who is buying an apartment that would most likely be empty for most of the year?
The rumour mill, never shy in Ghana, has produced its answer. Many of the apartments are being used to “wash” money. For the avoidance of doubt, “washing” money does not make dirty money cleaner. Omo and Key soap have no role to play in this kind of “washing.”
It simply means tucking “suspect funds” away from the prying eyes of the formal banking system and converting them into brick and mortar. This, the rumour mill insists, is the reason why the prices do not respond to the gravitational pull to drop. “Suspect money” is increasing and hence the demands are high.
An individual who has invested unspeakable sums into a three – bedroom unit in Cantonments is in no particular hurry to sell. The apartment is not a home. It is a vault. Yes, a vault with a balcony view. There are also Ghanaians in the diaspora (and also in Ghana) who have found the interest rates whispered by the banks to be unattractive. They find the interest on treasury bills and fixed deposits to be inadequate. They are also aware of the historic adventurous relationship between the Cedi and the Dollar. After careful thought, they prefer to keep their hard-earned resources in brick and mortar.
This brings us to a question no one is asking. Does this rush to invest in apartments suggest a falling trust in our banking system? Is it possible that the banks would have been the main beneficiaries of these resources going towards real estate entities if the citizens trusted the banks?
The sad part of this story is that the increase in apartments is not reducing the housing deficit in Ghana primarily because many Ghanaians cannot afford these apartments.
A young teacher in Madina who pays rent cannot afford these apartments. A nurse in Korle – Bu searching for a one-bedroom cannot afford the $120K the developers are asking for a studio apartment. These apartments were never built for such people. The price tags start where their dreams end.
And so Accra’s Towers would continue to multiply. Gleaming, expensive, half-lit, half-occupied, and yet, only half-explained. They will remain monuments of wealth we cannot fully explain, and this whispers to us that “unexplained wealth” is still very prevalent in Accra.
One day, maybe an audit will reveal the names of all the owners of the apartments in Accra. The earth may shake that day. The owners of the dark rooms will be revealed in the light.
Until then, Accra will continue to be Accra. The apartments will continue to rise. The more they rise, the more they will be empty. The more they are empty, the higher their price tag ascends. The more you think about this logic, the more you will struggle to make sense of it.
In a nutshell, Accra reminds us that vaults have balconies, and theories from economics textbooks do not make sense on the streets. Good day.
Commentary
Reflections on Ghana And the Future it Deserves | By Simone Giger, Swiss Ambassador to Ghana
As her diplomatic tenure in West Africa draws to a close, Swiss Ambassador Simone Giger pens a reflective and heartfelt tribute to Ghana’s enduring national character. Having traveled extensively across the country—from Paga to Keta and Wa to Goaso—she offers an intimate, human-centered assessment of a nation defined by its resilient democratic culture, youthful ambition, and an infectious “vibe” that fosters cohesion. In this candid farewell, Ambassador Giger explores the complex challenges threatening Ghana’s ecological treasures and argues that sustained institutional reform, rather than outside invention, is the key to unlocking the prosperous future the country so clearly deserves.
Travelling through northern Ghana, this author once stopped in a small community after a long journey. Despite the day’s heat and the demands of daily life, residents welcomed visitors with warm smiles, easy laughter and an eagerness to share stories about their hopes for the future.
It was a simple encounter, yet it captured something profoundly Ghanaian: an enduring optimism that persists even in difficult circumstances.
In diplomacy, countries are often assessed through official meetings, economic indicators and policy documents. Yet to truly understand a nation, one must travel through it, listen to its people, appreciate its strengths, observe its contradictions and understand the aspirations that shape everyday life.
As the end of a diplomatic assignment in Ghana approaches, this author finds reason to reflect deeply on a country that has left a lasting impression, not only professionally but personally.
Over the past four years, extensive travels across Ghana—from Paga to Keta, Damongo to Donkokrom, and Wa to Goaso—have revealed a country of extraordinary diversity, complexity, creativity and resilience.
Every journey has unveiled a different dimension of Ghana. Yet one common thread consistently emerges: a nation brimming with potential.
There is something profoundly remarkable about Ghana and its national character, what many Ghanaians simply describe as the country’s “vibe”.
It is evident in the warmth extended to strangers, the humour with which difficulties are confronted and the optimism that endures even during periods of uncertainty.
Even in challenging moments, there is often a joke, a proverb or a story that helps place events in perspective.
In this author’s view, that national character has become one of the essential ingredients behind Ghana’s democratic success.
At a time when democratic systems around the world are facing increasing pressure, polarisation and distrust, Ghana continues to distinguish itself through its commitment to dialogue, constitutional order and peaceful coexistence.
Democracy here is not perfect. No democracy truly is, including Switzerland’s.
What matters is that it remains alive, active and deeply valued by citizens.
Over the years, Ghana has established itself as an important democratic reference point in West Africa.
The country has repeatedly demonstrated that political competition can coexist with stability, that transfers of power can occur peacefully and that national debates can take place within institutional frameworks rather than outside them.
Such achievements should never be taken for granted.
Democracy is not sustained by elections alone.
It requires strong institutions, active citizens, credible public discourse and a continuous willingness to negotiate consensus across political, ethnic, religious and generational lines.
One can observe that Ghana’s diversity presents both opportunities and challenges. Yet this author has often admired the manner in which the country continues to navigate these varied interests while preserving national cohesion.
In many respects, this is where Ghana’s democratic future becomes particularly important.
The country possesses extraordinary human capital.
Wherever this author travelled, young people displayed ambition, intelligence, creativity and determination.
Ghana’s greatest resource is not found beneath the ground.
It resides in its people, their ideas and their aspirations.
Ideas and aspirations, however, require systems that function effectively if they are to translate into meaningful and productive outcomes.
When institutions are transparent, responsive, accountable and trusted, they unlock innovation, investment and opportunity.
When they are weak or inconsistent, they risk frustrating the very energy capable of propelling a nation forward.
This is why governance reforms remain so important to Ghana’s long-term trajectory.
One development that particularly impressed this author during the diplomatic assignment has been Ghana’s constitutional review process.
What stands out is not only the process itself, but also the spirit behind it – a willingness to reflect critically on how democratic governance can evolve to meet contemporary realities and future expectations.
This demonstrates political maturity.
Constitutions should never be viewed as static documents frozen in time.
Strong democracies periodically examine whether their systems remain responsive, inclusive and effective.
Ghana’s consultative approach reflects a country seeking not merely to preserve democracy, but to improve it.
Switzerland is proud to support these home-grown efforts and remains committed to supporting the constitutional reform process until its hoped-for successful conclusion.
History demonstrates that democratic stability does not emerge automatically.
It requires deliberate investment in participation, inclusion and dialogue.
Swiss democracy itself evolved gradually through compromise, negotiation and the understanding that national cohesion is strengthened when citizens feel ownership over public decisions.
One can observe important similarities between Ghana and Switzerland.
Both countries are diverse societies that have chosen coexistence over division.
Both understand that stability is strongest when different voices are heard and accommodated.
Both appreciate the importance of consensus-building in national life.
This shared philosophy has shaped bilateral cooperation over many decades.
Today, the partnership continues to evolve in both breadth and depth.
Switzerland currently supports initiatives focused on democratic governance, parliamentary cooperation, decentralisation, peace and security, cultural exchange, environmental integrity, climate adaptation and economic development.
Switzerland and Ghana may differ in geography, history and scale, yet both countries share a belief in dialogue and cooperation as foundations for national progress.
Despite Ghana’s bright prospects, one cannot ignore the challenges confronting the country.
No nation can fully realise its potential without confronting difficult issues directly.
During the years spent in Ghana, citizens from various walks of life spoke openly about concerns surrounding institutional effectiveness, economic opportunity, environmental degradation and governance accountability.
Such conversations reflected not pessimism, but a desire to see the country fulfil its promise.
Particularly concerning is the destruction caused by illegal mining activities.
Ghana’s rivers, forests and landscapes are among its greatest treasures.
Environmental degradation is not merely an ecological issue.
It is fundamentally a matter of intergenerational responsibility.
Future prosperity depends on preserving the natural foundation upon which communities, livelihoods and national identity are built.
Yet despite these challenges, this author remains deeply optimistic about Ghana’s future.
That optimism stems not from idealism but from observation.
The future of democracy globally will not be shaped only by geopolitical actors or large states.
Medium-sized countries such as Switzerland and Ghana also have important roles to play.
They can demonstrate that democratic resilience, peaceful coexistence and institutional reform remain both possible and necessary.
As this diplomatic assignment draws to a close, there is profound gratitude for the opportunity to have lived and worked in Ghana.
Over the years, this author has come to admire the country not only for its democratic achievements, but also for its humanity – its warmth, creativity, humour and enduring sense of possibility.
The task ahead is not to invent Ghana’s future.
Rather, it is to create the institutional conditions necessary for that future to emerge fully.
From all that has been observed across the country, there is every reason to believe that Ghana can achieve precisely that.
The author, Simone Giger, is the Swiss Ambassador to Ghana, Togo and Benin
Commentary
Authentic Voices, Foreign Narratives and the Fortune Madondo Case | By Joseph McCarthy
This article by Joseph McCarthy, an analyst and researcher focusing on governance, security, and political transitions in the Sahel, argues that modern influence in Africa often spreads not through propaganda but through credible African voices that carry narratives aligned with the interests of external powers. Read the full article below.
Authentic Voices, Foreign Narratives and the Fortune Madondo Case
How Russian narratives are travelling through authentic African voices, and what the Fortune Madondo case reveals about it
By Joseph McCarthy
For years, the word disinformation conjured a familiar picture: troll farms, fake accounts and automated bots flooding the internet with crude propaganda. Those methods still exist, but influence operations have matured. The most effective messenger today is rarely an anonymous account. It is a real person, with a real name, a credible public profile and convictions he appears to hold sincerely.
The case of Fortune Madondo illustrates the shift. He is no online provocateur hiding behind a pseudonym; he is a Zimbabwean teacher and the founder of a youth organisation, with a documented life in his community. He writes under his own name, identified in his byline only as an “African Teacher,” with no institution given, and his views seem consistent with his stated beliefs. What matters is less who he is than what he carries. Across more than fifty articles in twelve months, most of them on Pan-African platforms, the line never wavers: praise for the military juntas of the Sahel, attacks on Western governments and on AFRICOM, condemnation of France’s role in Africa, and the celebration of resource sovereignty against foreign plunder. Whether by design or by conviction, these themes closely align with the narratives Moscow has sought to amplify across the continent.
That alignment, not the man, is the point. Influence no longer requires recruitment, payment or instruction. A foreign power’s objectives can be served just as well by people who believe every word they write, because the force of the message lies in its local authenticity. A reader will trust an African voice discussing African problems far sooner than a communiqué from Moscow. So the useful question is not whether Fortune Madondo is a Russian agent; there is no public evidence that he is. The question is who benefits when local voices, sincere or not, repeatedly reinforce narratives that happen to serve a foreign strategy.
Consider how this interacts with Pan-Africanism. Russia has spent years presenting itself as a champion of African sovereignty and an enemy of colonialism, language that resonates because it draws on real historical wounds. Madondo’s writing sits comfortably within that tradition, and many African intellectuals share his instincts. Yet the scrutiny runs in only one direction. The West is relentlessly interrogated; Moscow, despite its expanding military, mining, and political footprint, is almost never asked the same questions. If Pan-Africanism is the defence of African sovereignty against all external control, the principle must apply evenly. When French deployments are called neo-colonial, Russian military contractors deserve the same examination; when Western extraction is condemned, so should Russian mining concessions. When he co-signed an appeal in late 2024 demanding both that Russian troops leave Ukraine and that French troops leave Africa, the false symmetry itself did Moscow’s work. A Pan-Africanism that suspects only one power risks sliding from a doctrine of independence into an instrument of another’s ambition.
The Madondo question also points to a place: Ghana. Over the past two years, the country has drawn growing attention from foreign actors keen to enter its media space, and the reason is structural. Ghana is one of Africa’s most respected democracies and a heavyweight in anglophone media; what is published in Accra travels across West Africa and beyond. In December 2025, Ghanaian journalists attended a SputnikPro seminar co-organised by the Russian Embassy and the Ghana-Russia Centre, led by Vasily Pushkov of Rossiya Segodnya, the state group behind the Sputnik news agency. Other moves followed, among them a cooperation agreement with Ghana’s main journalism university and the opening of a Russian cultural centre. None of this is illegal. But influence secured in Ghana enjoys a multiplier effect that few other markets offer.
The mechanism is quieter than propaganda and more durable. People do not trust propaganda; they trust outlets they already consider credible. A publication earns that trust through genuine local reporting, and the reader then assumes that everything on the page has cleared the same editorial bar. That is where credibility is transferred: from the newsroom’s real work to syndicated columns, opinion pieces and, on some platforms, verbatim Russian state material set at the same level as a story on local agriculture. Repetition completes the effect. Ten near-identical articles across ten outlets read as an independent consensus; the reader concludes that everyone is saying this, when in truth, the same viewpoint is simply circling back. Influence here comes not from proving a claim, but from normalising it.
The significance of the Madondo case, then, is not the unmasking of an operative; the evidence does not support that, and the chase would miss the point. It is the growing difficulty of telling sincere conviction apart from narratives engineered to serve someone else’s strategy, in an environment where influence travels through authentic voices, trusted platforms and ideas that genuinely resonate. The defence is not a hunt for enemies but the slower work of critical thinking, editorial transparency and media literacy. The question is no longer simply who is speaking. It is whose interests are served when the same narrative is amplified, again and again, across the continent.
Joseph McCarthy is an analyst and researcher focusing on governance, security, and political transitions in the Sahel. He writes on geopolitics, development, and African diplomacy. Email: joecarthy30@gmail.com
Commentary
5 Reasons Ghana’s Floating Dock Could Reshape West Africa’s Maritime Economy
Ghana has inked a £215 million ( $287. 5 million) deal with the United Kingdom, anchored by a £101 million ($135.05 million) floating dock in Takoradi.
If successful, it will become the Gulf of Guinea’s first modern, commercially operated ship repair facility.
Here is what is at stake.
1. The Gulf of Guinea Loses Millions While Ships Sail Elsewhere for Repairs
The Gulf of Guinea is one of Africa’s busiest shipping corridors, crowded with oil tankers, cargo vessels, and offshore support ships. Yet almost all major repairs happen outside the region, often in Namibia, Spain, or beyond. Every vessel that bypasses West Africa carries away not just steel but also jobs, technical knowledge, and national revenue. The region pays the repair bill elsewhere and receives none of the associated economic ripple effects.
2. A Floating Dock Is Only the Beginning – The Real Prize Is a Maritime Services Cluster
The dock itself is just hardware. The true opportunity lies in building a complete ecosystem around it: logistics, steel fabrication, waste management, security, crew training, catering, and port-side supply chains. Without these supporting industries, the dock becomes an isolated asset rather than an engine of local employment.
3. Ghana Already Has Indigenous Firms Ready to Scale
Homegrown players such as Rigworld have proven capabilities in marine and industrial services. The pivotal question is whether this project allows those firms to grow or whether foreign operators will absorb the most valuable contracts. Local-content policies will determine the answer.
4. Success Depends on Transparent, Proactive Government Measures
Infrastructure alone guarantees nothing. Authorities must publish tender opportunities clearly and early, establish a centralized supplier portal, offer certification support to local businesses, and ensure that Ghanaian small and medium enterprises can access affordable working capital. Without deliberate rules, international firms may capture the entire supply chain while domestic companies watch from the shore.
5. If Ghana Succeeds, Takoradi Becomes a Blueprint for African Value Retention
Should Ghana get this right, the floating dock could become a template for how African economies retain more value from their own geographic advantages. If it fails, the region will simply have acquired another expensive piece of imported equipment with little local benefit. The Gulf of Guinea offers no shortage of ships. Whether Ghanaian businesses—not just foreign firms—will profit from them remains the only question that truly matters.
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