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Invest in Ghana NOW! How to Buy a Home & Make Money in Africa's Future | 400Acre Real Estate Project · Earn Your Leisure

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Speaker 6: See you there, all right, Yeah, yeah, the moment has
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Speaker 6: come to fair very important episode for sure. You know,
2:05
Speaker 6: it's one of these things we've been talking about, you know,
2:09
Speaker 6: just in general, Africa, the importance of Africa, the continent
2:12
Speaker 6: of Africa for years. We went to Nigeria and Legos,
2:17
Speaker 6: that was our first stop on the continent about four
2:20
Speaker 6: years ago, did a networking event there, and after that
2:25
Speaker 6: we went to Egypt and we got the tour of
2:30
Speaker 6: the Great Pyramids, we got the tour of.
2:35
Speaker 4: The Valley of the Kings. Luck saw the whole vib
2:39
Speaker 4: That was a moment.
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Speaker 6: So after that we came back and then a few
2:47
Speaker 6: years later we went to Ghana. That was crazy, that
2:51
Speaker 6: was a vibe and you know, so we've just been
2:53
Speaker 6: connected back and forth, ping Pong, but we always had
2:57
Speaker 6: the vision of actually doing something more sustainable as a
2:59
Speaker 6: post just going for vacation or just going for a
3:02
Speaker 6: week at a time. So we'll explain everything in detail,
3:05
Speaker 6: but this is the culm relations of that. So we're
3:12
Speaker 6: going to talk about what we're doing in Ghana, but
3:14
Speaker 6: more importantly, you guys can actually you know, get involved
3:18
Speaker 6: from a the project standpoint, but even just outside of that,
3:22
Speaker 6: just kind of like you know, what's going on on
3:25
Speaker 6: the continent, specifically in Ghana, best practices, what to know,
3:31
Speaker 6: what to stay away from. As far as investing, it's
3:33
Speaker 6: like anything, right, Like you go to the stock market.
3:35
Speaker 6: All stocks aren't made the same, so you know, you
3:38
Speaker 6: want to stay away from penny stocks. You want to
3:40
Speaker 6: stay away from stocks that you know could crash. What
3:42
Speaker 6: you want to invest in tech stocks, You want to
3:44
Speaker 6: invest in stocks it's going to go up. So yeah,
3:47
Speaker 6: it's a lot, it's a lot to talk about.
3:49
Speaker 5: You know, one of the most important things you just
3:51
Speaker 5: mentioned what to know, almost and not maybe almost more
3:54
Speaker 5: important is who to know, right, because a lot of
3:57
Speaker 5: times people think about investing and especially in domestic standpoint,
4:00
Speaker 5: and you don't even know the right people to be
4:02
Speaker 5: involved with to get their correct information. But when you
4:04
Speaker 5: multiply that by having an international investment, definitely knowing the
4:08
Speaker 5: landscape of the area, but knowing that people, the locals
4:11
Speaker 5: who are actually doing solid businesses vitally important.
4:15
Speaker 4: So we're gonna unpack that tonight as well. Yeah, for sure.
4:17
Speaker 6: So we're going to bring our guests on before we
4:19
Speaker 6: Before we do this is another series in our EYL
4:25
Speaker 6: how to audition, So like and subscribe, make sure you
4:30
Speaker 6: download the audio on the audio podcast outlets that that's
4:34
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Speaker 6: Freedom twenty five coming out January fourteenth. So without further ado,
4:58
Speaker 6: let's bring our guests on. So we have all of
5:01
Speaker 6: our partners in this and they're from all over the globe. Actually,
5:07
Speaker 6: so we at Alvin, we got Kwame, we got two week,
5:12
Speaker 6: and we got Shaka Bars and yeah, the African collective.
5:22
Speaker 6: Shaka Bars is Pan African, but he's going to be
5:25
Speaker 6: an official African in two weeks when he gets his citizenship.
5:33
Speaker 4: One week, one week. We missed both there.
5:36
Speaker 6: Congratulations first and foremost congratulations. So first and foremost welcome, guys.
5:41
Speaker 8: Welcome, Thank you man, thanks for having us.
5:46
Speaker 9: Should be here, guys, no, for sure.
5:48
Speaker 6: So I think it's before we let's let's tell the
5:50
Speaker 6: story how it started, because it's good to tell the
5:54
Speaker 6: story because it's one of these things that the power
5:57
Speaker 6: of networking, the power of collaboration, this.
6:00
Speaker 4: Speaks to a variety of different things.
6:01
Speaker 6: So I'm kind of fast tractice because I've told it
6:05
Speaker 6: a few times. But you know, having the idea to
6:08
Speaker 6: kind of create a bridge from specifically America to Ghana
6:15
Speaker 6: was a vision, right, and then it's like, what's the
6:18
Speaker 6: number one thing that you need to create a bridge, Well,
6:20
Speaker 6: you need somewhere to live. That's food and shelters, the
6:23
Speaker 6: two essentials of life. So okay, so we had this
6:27
Speaker 6: idea and then just telling a bunch of different people
6:30
Speaker 6: are friends in America.
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Speaker 4: Some real estate developers like, yo, how you feel about this?
6:33
Speaker 4: Will you think? What do you think if we can
6:35
Speaker 4: create a community.
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Speaker 6: Actually in Ghana where it's open for anybody, but it's
6:42
Speaker 6: really targeting for people at the diaspora Americans to kind
6:45
Speaker 6: of come and own real estate in Ghana and that way,
6:49
Speaker 6: you know, it's a real fusion of culture. People will
6:52
Speaker 6: have somewhere to go in case something gets crazy, if
6:55
Speaker 6: they want to move full time or if they just
6:56
Speaker 6: want to come full holidays. And then you know, Airbnb
7:00
Speaker 6: rented out all the times.
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Speaker 10: And the idea was just you know, I guess you know,
7:05
Speaker 10: people have kind of already mirrored it in different parts
7:08
Speaker 10: of the continent, but it was something that you know.
7:11
Speaker 6: We just thought with our brand, we can just really
7:13
Speaker 6: really get behind it and just and just make something big. So,
7:16
Speaker 6: long story short, we were going to Ghana for market
7:19
Speaker 6: Mondays and spoke to Shaka.
7:23
Speaker 4: Shaka was like, Yo, I.
7:25
Speaker 6: Got the guys in Ghana that can actually facilitate this,
7:29
Speaker 6: and they actually already want to meet you. So when
7:32
Speaker 6: we went out there, we met Alvin, we met Kwame,
7:34
Speaker 6: we met two he.
7:36
Speaker 4: Rest is history. Yeah, that was a great.
7:39
Speaker 5: That was like a three hour lobby conversation that turned
7:41
Speaker 5: into a four day you know, we're not we're going
7:43
Speaker 5: to stay by each other side till we figure this
7:44
Speaker 5: thing out. And uh, here we are man. So there's
7:47
Speaker 5: a lot of pieces to it. Obviously, we told the
7:49
Speaker 5: story about Alan coming to investments. We didn't even know
7:52
Speaker 5: who he was.
7:53
Speaker 4: Shout out to Abdul who who was part of the
7:55
Speaker 4: story as well. He was saying like, Yo, y'all gotta come,
7:57
Speaker 4: Ya gotta come to Ghana. I gotta come to Ghana.
8:00
Speaker 5: So all those roads pointed to that lobby meeting on
8:02
Speaker 5: that faithful afternoon and once we heard the idea, I
8:05
Speaker 5: mean probably within the hour, and we were like, this
8:08
Speaker 5: is something we need to do. Let's meet again tomorrow.
8:11
Speaker 5: But when we met the next day, come up with
8:13
Speaker 5: a name and then y'all took us through Ghana. It
8:16
Speaker 5: was one of these things we had never seen outside
8:19
Speaker 5: of just the hotel area and some of the sites.
8:22
Speaker 5: And when y'all picked us up, we were like, wait,
8:24
Speaker 5: hold on, wait, this is this is Ghana. We are
8:28
Speaker 5: we uh And so we were pleasantly surprised to see
8:30
Speaker 5: all the infrastructure that had already been.
8:32
Speaker 4: Put in place the ideas. It was like all right,
8:34
Speaker 4: it was time to execute, you know for me, because
8:36
Speaker 4: I'm want these people. I don't trust anybody, that's a fact.
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Speaker 4: So you know, they like Shaka like yo, I got
8:43
Speaker 4: these guys and Ghana day. I'm like okay, I heard so,
8:50
Speaker 4: so you know, it's like all right, all right.
8:52
Speaker 6: So but when they when they actually what sold me
8:55
Speaker 6: is that they actually showed us the work. It wasn't Instagram,
8:59
Speaker 6: it wasn't you know, just word of mouth, like they
9:03
Speaker 6: actually showed us the facility that they were actually working
9:06
Speaker 6: out of, which was extremely impressive on the media side. Yes,
9:09
Speaker 6: and then actually they had these things like they were
9:12
Speaker 6: like actually building like a machine that was actually building,
9:16
Speaker 6: Like yeah, it's stuff like a three D printer almost.
9:18
Speaker 5: I guess what would to be the comparable for us
9:20
Speaker 5: when we talk about people building factories and data centers,
9:23
Speaker 5: Like we walked into one and we were like, oh,
9:26
Speaker 5: everything's here already.
9:27
Speaker 4: Yeah, it was crazy. That was crazy.
9:29
Speaker 6: And then the land of course, you know, they took
9:31
Speaker 6: us to all the land, different places that they actually
9:34
Speaker 6: owned and I'm like, oh no, it's efficient. So yeah,
9:39
Speaker 6: and then I just liked them, like you know, just
9:40
Speaker 6: super humble down the earth, like I said, not flashy,
9:44
Speaker 6: kind of like, you know, just behind the scenes type people.
9:47
Speaker 6: So I think our value system just aligned with each other.
9:51
Speaker 6: And then we spent more time with them when we
9:52
Speaker 6: went for Easter and it was less people there, so
9:55
Speaker 6: we really got to kind of really just get to
9:57
Speaker 6: know them. So great, great guys and really very impressive entrepreneurs. Yeah,
10:02
Speaker 6: so I'm sold and I'm a hard I'm a hard person.
10:07
Speaker 5: So I think it was interesting as we got to
10:09
Speaker 5: know the fellas, it was interesting about how.
10:12
Speaker 4: Many other people knew them already.
10:14
Speaker 5: Right, So like when we go into spaces and I'm
10:16
Speaker 5: seeing like, oh, they know album, they know album, I'm
10:18
Speaker 5: like wait. Then we start popping up in the same events,
10:20
Speaker 5: I'm like, wait, these guys might be on tour with us.
10:22
Speaker 5: But I'll tell you one of the main things that
10:24
Speaker 5: stuck out, and I think that's where we're talking about.
10:26
Speaker 4: Just these values aligned.
10:28
Speaker 5: These guys are from a specific area in their country,
10:31
Speaker 5: in their city, and they still are there giving back
10:33
Speaker 5: to that place. Right, if you look at where their
10:35
Speaker 5: headquarters are, they're still in the same area. Very similar
10:38
Speaker 5: to our story, right, Like we're from a small town.
10:41
Speaker 5: We still do business in a small town, but we
10:43
Speaker 5: employ a lot of people in the town. And so
10:45
Speaker 5: when we saw those things, I'm like, all right, these
10:47
Speaker 5: businesses are aligned and that's happening in both sides of
10:50
Speaker 5: the dynamic.
10:51
Speaker 4: So incredible, incredible, So let's do this. Let's let's give
10:54
Speaker 4: an introduction to everybody.
10:55
Speaker 6: Shaka bars probably needs no introduction, but he's already famous.
10:59
Speaker 6: But shock Shaka is an activist, entrepreneur, freedom fighter.
11:07
Speaker 4: Across the globe, but specifically in Africa.
11:09
Speaker 6: He's done tremendous work in Ghana, in East Africa and
11:15
Speaker 6: West Africa, you know, as far as helping people that
11:19
Speaker 6: have suffered, specifically in Ghana, I mean in Congo. He's
11:23
Speaker 6: been doing a lot of work in Congo. If you're
11:25
Speaker 6: familiar with the with the Congo situation, terrible situation that's
11:29
Speaker 6: been happening for a while, and he's been on the ground.
11:32
Speaker 6: He's one of these people that's actually been on the
11:34
Speaker 6: ground helping people, refugees, trying to figure out solutions. So
11:40
Speaker 6: that's his background. Then we have he saved our lives. Yeah,
11:45
Speaker 6: that's important too. Alvin entrepreneur, somebody that's actually was in
11:50
Speaker 6: the music business for a while too, and still that
11:53
Speaker 6: was like if you're familiar with Afro Future, the huge
11:55
Speaker 6: festival that they have. He's one of the partners in
11:57
Speaker 6: that all around entrepreneur in the restaurant business and.
12:01
Speaker 4: Real estate music. He's one of these guys that's like
12:05
Speaker 4: behind the scenes that polls a lot of strings.
12:07
Speaker 6: And Kwame, his partner, is another Ghanaian that runs as
12:15
Speaker 6: far as like when you look at the media landscape,
12:18
Speaker 6: they actually have like their own headquarters for media where
12:21
Speaker 6: they publish newspaper news. I said, you've probably been to
12:25
Speaker 6: the establishments that you've been to Ghana as far as
12:27
Speaker 6: on the restaurant side, on the club side, beachfront property,
12:32
Speaker 6: real estate development. I mean, the list goes on and
12:35
Speaker 6: then Twey is actually interesting because Tui is from Ghana
12:42
Speaker 6: via America, back to Ghana, back to America.
12:46
Speaker 4: Yeah right, it's a we.
12:49
Speaker 11: Got that, right, Yeah, you got it.
12:52
Speaker 4: And he's been now.
12:53
Speaker 12: Technically it's both Ghana and America, Ghana and America finance.
12:59
Speaker 12: That background extremely impressive. We actually interviewed his uncle on
13:04
Speaker 12: Market Mondays. If you're a Market Monday's watcher, his uncle
13:08
Speaker 12: actually one of Dan Gilbert's closest advisors.
13:12
Speaker 5: Yeah, so now it makes sense the connection Detroit at
13:15
Speaker 5: the future moving from Detroit Ghana.
13:17
Speaker 4: Yeah, these are the reasons why we interviewed his uncle
13:21
Speaker 4: and yeah, just a great god. So this is the team.
13:23
Speaker 4: So all right, let's get this conversation started.
13:26
Speaker 6: Shock, I want to start with you, but we're going
13:29
Speaker 6: to talk about Ghana as far as investing in business
13:32
Speaker 6: and all this. But I do think that it's important
13:34
Speaker 6: to highlight the historical importance of Ghana specifically because it
13:39
Speaker 6: does play a tremendous role as far as black people
13:43
Speaker 6: in America and black people in just the Western hemisphere
13:46
Speaker 6: in general. Right, because we talk about the slave dungeons,
13:50
Speaker 6: then we talk about Kwamea and Kuma, who was actually
13:52
Speaker 6: I think he was educated in Lincoln University.
13:55
Speaker 4: Lincoln University which is the first HBCU.
13:58
Speaker 6: My sister actually went to Lincoln, So a lot of
14:00
Speaker 6: cross connections between Donna in America.
14:02
Speaker 4: So give us some history, police, m.
14:07
Speaker 13: Peace and blessings family. I think that this is of
14:12
Speaker 13: important significance because it is a a closing of a
14:17
Speaker 13: circle that was broken because Africans indigenous people had had
14:23
Speaker 13: always traded amongst each other and always traveled Mansu Musa.
14:29
Speaker 13: Everybody's familiar with Mansu Musa, but Abukari the Second had
14:34
Speaker 13: sent two thousand ships over to America before Columbus had
14:39
Speaker 13: even got there. He was I think it was Mansu
14:42
Speaker 13: Musa's uncle, and that trade had always happened. We saw
14:47
Speaker 13: that that trade had been going on for thousands of years.
14:51
Speaker 13: When you look at uh Rametsu or Rameses the second,
14:56
Speaker 13: they did a test on his on his tissue because
14:58
Speaker 13: they had his his body, and they found that he
15:01
Speaker 13: had cocaine in his body because of the coca leaf
15:05
Speaker 13: that the Bolivians the Peruvians used to choose.
15:07
Speaker 4: So there's always been this this back and forth.
15:09
Speaker 13: But I think the Kingdom of Ghana, the Empire of
15:14
Speaker 13: Ghana was essentially for the Europeans when they arrived there,
15:21
Speaker 13: it became this this bread basket, and then they renamed
15:25
Speaker 13: it the Gold Coast. So until nineteen fifty seven it
15:28
Speaker 13: was called the Gold Coast until Kuama Croum actually took
15:31
Speaker 13: the country back. And during that period of time while
15:36
Speaker 13: it was the Gold Coast, what happened was Europeans were
15:40
Speaker 13: taken as much out of Ghana as possible in terms
15:44
Speaker 13: of gold. They had the gold mines that they were
15:48
Speaker 13: basically rubbing for many many years. But before that, when
15:51
Speaker 13: they first were colonizing there, they were robbing people. And
15:55
Speaker 13: a lot of our ancestors came from Ghana, and a
15:59
Speaker 13: lot of people they had this idea that a lot
16:06
Speaker 13: of people now have this idea because we want to
16:09
Speaker 13: we want to follow success. They have this idea that
16:13
Speaker 13: people always came from the Americas. But it's like there's
16:19
Speaker 13: a lot of people in North America, in Brazil, in
16:22
Speaker 13: the Caribbean who look like our brothers and sisters from Ghana.
16:25
Speaker 13: They look like our brothers and sisters from Cameroon, from Congo,
16:29
Speaker 13: from Angola, et cetera, et cetera. And because there is
16:33
Speaker 13: this idea that what happened in Africa, the enslavement of Africans,
16:39
Speaker 13: the colonization, is something that is not successful. People don't
16:44
Speaker 13: want to look at actually Africa as a place to
16:47
Speaker 13: go and invest, and a lot of people are now
16:51
Speaker 13: trying to pretend like they never came from Africa or
16:54
Speaker 13: they never had any connection with Africa, and that just
16:57
Speaker 13: doesn't make good business sense, let alone any kind of
17:00
Speaker 13: spiritual sense. Because everybody who is educated and everybody who
17:05
Speaker 13: wants to have economic mobility around the world, would always
17:08
Speaker 13: trade with equal partners in different spaces. And if you
17:13
Speaker 13: look at anywhere along that coastline of Ghana, you can
17:17
Speaker 13: find castles where enslaved people who were essentially prisoners of
17:22
Speaker 13: war because there were different rival ethnic groups who were
17:26
Speaker 13: fighting each other, and when they would win that battle,
17:29
Speaker 13: they would take people as essentially indentured servants, indentured labors,
17:35
Speaker 13: and indentured laborers to mine gold for them to clean
17:39
Speaker 13: their house, concubines, et cetera, et cetera. The Europeans saw
17:44
Speaker 13: that as an opportunity to exploit this relationship that we've
17:47
Speaker 13: always had this indentured servitude, indentured labor, indentured laborers, and
17:53
Speaker 13: slavery in Africa. But then Europeans said, hey, we're going
17:56
Speaker 13: to take these people. We're going to take them across
17:59
Speaker 13: the water, and they're never going to come back. And
18:01
Speaker 13: that is how my ancestors were harvesting sugarcane. Your ancestors
18:07
Speaker 13: were harvesting cotton. People in Brazil who were harvesting gold, copper, tin, etc.
18:16
Speaker 13: And that was going on for hundreds of years. So
18:21
Speaker 13: the year of Return in Ghana was basically an opportunity
18:25
Speaker 13: to reconnect the dspora with the motherland. Because it was
18:31
Speaker 13: sixteen nineteen, I think the first eighteen enslaved Africans arrived
18:35
Speaker 13: in Jamestown, and then it was twenty nineteen we had
18:39
Speaker 13: this government of Ghana calling for their people to come home.
18:43
Speaker 13: But just to give you some context, there was an
18:46
Speaker 13: empress in Ethiopia called Empress Zewiditu I think that's how
18:50
Speaker 13: I say a name, z Ewditu, who in around nineteen
18:56
Speaker 13: twenty was writing letters to African Americans, Afro Brazilians, Afro
19:02
Speaker 13: Caribbeans and saying, hey, come home to Ethiopia. This was
19:05
Speaker 13: the first time that any African, she was an empress,
19:10
Speaker 13: any African leader had said to the dspora, come back home.
19:14
Speaker 13: That actually inspired Marcus Garvey to create the UNIA, the
19:19
Speaker 13: United Negro Improvement Association, and Marcus Garvey was actually speaking
19:24
Speaker 13: with her back and forth, and Marcus Garvey created this
19:28
Speaker 13: huge community, many chapters and business the Black Star Liner
19:33
Speaker 13: to try and bring Africans home and bring resources from Africa.
19:37
Speaker 13: So Marcus Garvey was actually the inspiration for Kwame and
19:41
Speaker 13: Krumer to have the Black Star in the flag of
19:44
Speaker 13: Ghana and many other African countries. Marcus Garvey was a
19:48
Speaker 13: Pan African. He was a Jamaican and in Rasta he's
19:52
Speaker 13: hailed as one of the greatest leaders within the community
19:55
Speaker 13: of Rastafari, who was one of the first Pan Africans.
19:58
Speaker 13: And where you have Kwamei and Crewman now who's inspired
20:01
Speaker 13: by Marcus Garvi and then in nineteen fifty seven leads
20:06
Speaker 13: a revolution to decolonize Ghana. Ghana was the first country
20:09
Speaker 13: in Africa to decolonize. Little Ghana the time was very
20:13
Speaker 13: way smaller than it is now. Was the first to
20:17
Speaker 13: fight and say no, no more, and we're kicking Europeans out.
20:21
Speaker 13: And now we're in an amazing space where people are
20:26
Speaker 13: starting to want to come home and they're starting to
20:29
Speaker 13: want to see where they're from. In twenty nineteen, I
20:33
Speaker 13: had the pleasure of being part of a delegation to
20:36
Speaker 13: bring the Prime Minister of Barbados to Ghana and we
20:39
Speaker 13: brought the bones and some remains of ancestors from Barbados
20:46
Speaker 13: and buried them because I was born in Barbados and
20:48
Speaker 13: buried them back in Ghana. And at the same time,
20:52
Speaker 13: we created a bilateral trade agreement between Barbados and Ghana,
20:55
Speaker 13: but this should exist for all African countries and all
20:58
Speaker 13: of its dispora. And so now I think we're in
21:01
Speaker 13: a position where if we want people to come home,
21:05
Speaker 13: not only do we have to invite them, but we
21:08
Speaker 13: also have to provide them with homes, we have to
21:11
Speaker 13: provide them with economic opportunity, we have to provide them
21:16
Speaker 13: with legality and citizenship. And actually next week I'm part
21:20
Speaker 13: of a citizenship, which I'm very proud of because being
21:25
Speaker 13: born in Barbados and having family from Barbados and Jamaica.
21:29
Speaker 13: Now I actually get to go home because when our
21:32
Speaker 13: ancestors were being stolen and being taken across the ocean,
21:35
Speaker 13: they weren't trying to be American, they weren't trying to
21:39
Speaker 13: be Brazilian, they weren't trying to be Jamaican. They were
21:42
Speaker 13: trying to get back home. And so now we can
21:44
Speaker 13: truly say that we are our ancestors wild as dreams,
21:47
Speaker 13: because now our ancestors have colders forward and our family
21:54
Speaker 13: and Ghana's cold us forward, and now we can move home.
21:57
Speaker 13: We can get passports, we can get houses, and we
22:00
Speaker 13: can finally not have to deal with any of the
22:02
Speaker 13: other problems that are existing in the West. So I
22:06
Speaker 13: hope I've provided some context, but I feel like now
22:09
Speaker 13: is the perfect time. Gan is the perfect place.
22:12
Speaker 4: We have the.
22:12
Speaker 13: Opportunities that God has provided for us, and the government
22:17
Speaker 13: has provided for us, and our own entrepreneurial tenacity has
22:22
Speaker 13: provided for us. So now it's just time to put
22:25
Speaker 13: that bridge back together and live in the spirit of
22:28
Speaker 13: Marcus Garve, Malcolm X, Yeah, sentour ny of the Maroons
22:33
Speaker 13: and all of these greats that came before us, because
22:37
Speaker 13: I don't know what else anybody else is doing. But
22:39
Speaker 13: I don't Yeah, I just got somebody elected and I
22:42
Speaker 13: don't know about him. Where are we going to go
22:44
Speaker 13: into do it by him?
22:47
Speaker 4: It's time to go home.
22:48
Speaker 6: That was great historical insights, something that's vitally important when
22:51
Speaker 6: you look at you know, we're going to talk about business,
22:55
Speaker 6: but before we wanted to kind of preference it with
22:57
Speaker 6: some historical information. Yeah, who better than shopping for sure,
23:03
Speaker 6: historian within his own rights exactly appreciate that.
23:05
Speaker 4: So we're going to get into that. We're gonna well,
23:07
Speaker 4: and we're gonna we're going to lay out this.
23:09
Speaker 6: Whole thing, right, We're going to talk about how this
23:12
Speaker 6: all came about we're going to talk about each individual
23:15
Speaker 6: one of our partner's accomplishments.
23:17
Speaker 4: We're going to talk about.
23:18
Speaker 6: Business in Ghana as far as like their own accomplished business,
23:22
Speaker 6: which I think can actually give insight to people that
23:24
Speaker 6: are interested in becoming entrepreneurs. And then we're going to
23:27
Speaker 6: talk about our real estate development. So that's what this
23:29
Speaker 6: whole thing is about. You know, if you haven't heard,
23:33
Speaker 6: we acquired over four hundred acres in a cry in
23:36
Speaker 6: a prime location and we're building a residential community and
23:41
Speaker 6: you know, in a nutshell, it's going to be over
23:44
Speaker 6: four hundred units and the first phase we're actually in
23:48
Speaker 6: development right now the Cascades. The first phase is thirty
23:52
Speaker 6: acres and it's going to be forty homes, so everything
23:55
Speaker 6: from two bedroom apartments to five droom villa. And this
24:01
Speaker 6: is something that is happening in real time. So you know,
24:04
Speaker 6: we teased it on social media, We put post up
24:06
Speaker 6: and you know, we put the press that we got.
24:09
Speaker 4: From Black Enterprise and a bunch of other publications. Much
24:11
Speaker 4: appreciate it.
24:12
Speaker 6: The purpose of this video is to explain everything in
24:15
Speaker 6: full and outside that, like I said, just to kind
24:17
Speaker 6: of give you some information as far as best practices,
24:20
Speaker 6: what to stay away from, what to do if you're
24:23
Speaker 6: interested in investing Airbnb opportunities, you know, all kinds of stuff.
24:27
Speaker 6: So but before we start, I just wanted to kind
24:29
Speaker 6: of give the information. We'll say it again at the end,
24:32
Speaker 6: but the name of the website, the name of the
24:35
Speaker 6: project is Sombra City, and the name of the website,
24:38
Speaker 6: if you're interested, is Sombra City, Ghana s A n
24:44
Speaker 6: B r A Sombra City, Ghana dot com. So Sombra
24:52
Speaker 6: Citygana dot com. The name of development is somber City.
24:55
Speaker 6: We'll talk about that later. Yeah, I mean quickly, this
24:59
Speaker 6: is what we do. And it's forty units off plan.
25:04
Speaker 6: So what off plan means is very popular other parts
25:06
Speaker 6: of the world. But if you're not familiar, that's when
25:08
Speaker 6: you actually buy something as it's being built, as opposed
25:12
Speaker 6: to something that's already built.
25:13
Speaker 4: Because this is going to sell out.
25:14
Speaker 6: So we're we're giving people actually the opportunity to buy
25:18
Speaker 6: it on the ground level. You paying installments, but it's
25:22
Speaker 6: going to happen quickly. It's going to be built in
25:24
Speaker 6: six months, so we're going to have two options. You
25:28
Speaker 6: have a payment plan that can be structured if you
25:31
Speaker 6: are cash buyer, or you can finance. We have mortgage
25:34
Speaker 6: options as well. So if you go to the website
25:37
Speaker 6: if you're interested in buying a property, like I said,
25:39
Speaker 6: we're going to give you all the information, but I
25:41
Speaker 6: want to say this upfront, if you're interested in buying
25:43
Speaker 6: a property, go to that website or Tosambracitygana dot com.
25:47
Speaker 6: All the information is there. If you're interested in buying,
25:49
Speaker 6: you can click the tab to buy. What you can
25:52
Speaker 6: do is we set up a link tree, so we'll
25:54
Speaker 6: have somebody actually call you in real time and you
25:58
Speaker 6: can actually set up an appointment to have conversation, go
26:01
Speaker 6: over everything, legal documents, the whole nine yards because, like
26:04
Speaker 6: I said, this is only forty units, extremely affordable pricing,
26:08
Speaker 6: the largest real estate deal that we've ever done, and
26:11
Speaker 6: something that is definitely going to sell out. So that
26:14
Speaker 6: was just the preview to what we're going to talk
26:16
Speaker 6: about for probably more than an hour. We're going to
26:18
Speaker 6: fully explain everything in complete detail, but wanted to give
26:23
Speaker 6: you that information first. Like I said, it's first come,
26:25
Speaker 6: first serve. There's only forty so you can imagine the
26:29
Speaker 6: demand is pretty high.
26:31
Speaker 4: And once that's done.
26:33
Speaker 6: We'll probably release another block maybe a year from now,
26:36
Speaker 6: for the new developments that we're going to be doing.
26:38
Speaker 4: But this is the.
26:39
Speaker 6: First, first priority, the first part installment, and something that
26:46
Speaker 6: I think we're going to be very successful as far
26:48
Speaker 6: as you know, bringing people from America to Ghana and
26:53
Speaker 6: showing them so many tremendous opportunities coachally and financially.
26:57
Speaker 4: Yeah. Man, it's the return City.
26:59
Speaker 5: The meque thing about it is that you're getting to
27:01
Speaker 5: see this thing happening in real time, which is pretty
27:03
Speaker 5: much synonymous with everything we've done.
27:05
Speaker 4: So it's a need time. But let's start me.
27:08
Speaker 5: I want to go back to the fellows, man, So
27:09
Speaker 5: I want to pitch this to Kwame and Alvin.
27:12
Speaker 4: Obviously you're there on the ground, but they were.
27:15
Speaker 5: Part of this, right, Like you're creating something for people
27:18
Speaker 5: to actually when they get to Ghana to take part in.
27:21
Speaker 5: One of the things you said to me that stuck
27:23
Speaker 5: out during our conversations, like, yes, we brought people, but
27:26
Speaker 5: it was for entertainment and we might have missed the
27:29
Speaker 5: mark because we didn't bring them for business. I want
27:31
Speaker 5: to talk about that watching something being successful in the
27:35
Speaker 5: native land and realizing that wait there's still opportunities.
27:38
Speaker 4: Maybe we might have missed the mark.
27:39
Speaker 5: We can come back now with something talk about wrestling
27:41
Speaker 5: with that over the past five years.
27:45
Speaker 14: I mean, like like you say, it's exactly that we've
27:49
Speaker 14: been doing business in Ghana for going on twenty years
27:54
Speaker 14: now and a large part of that started from advertising,
27:58
Speaker 14: entertainment and media. And you know each time at the
28:02
Speaker 14: end of you know, sort of Christmas, when it's all
28:04
Speaker 14: you know, sitting down, everybody's come to party and gone
28:07
Speaker 14: back and you know people are back home January February,
28:11
Speaker 14: you realize that, wait a minute, you know, we had
28:13
Speaker 14: a huge inflow of people who was great.
28:14
Speaker 15: Tourism was nice, people came, had a great time.
28:17
Speaker 14: You know, were involved with seeing after future pull of
28:20
Speaker 14: Beach Club, a few other events you know over the
28:24
Speaker 14: last you know decade or so as phone runners in
28:27
Speaker 14: the timate industry. But we did realize that, you know,
28:31
Speaker 14: there's always a huge dip right after Christmas. By the
28:35
Speaker 14: fourteenth of January, everybody's out of here and then you
28:39
Speaker 14: know everything goes back to normal. You know, in Ghana,
28:43
Speaker 14: people joke around and say, hey, you know around this
28:45
Speaker 14: time of year, ay, the the the the Christmas inflow
28:49
Speaker 14: of foreigners and people in Dashpor are coming in, so
28:51
Speaker 14: you have a lot of traffic, you have a lot
28:53
Speaker 14: of partying, you have all of that, but it was
28:55
Speaker 14: always centered around partying. And we felt even when the
28:58
Speaker 14: government got involved, which was good. You know, they had
29:00
Speaker 14: a lot of great initiatives and they've done a lot
29:02
Speaker 14: of good work, but it was all still centered around
29:05
Speaker 14: you know, come back for Christmas, come see what's happening
29:08
Speaker 14: on the ground, to do with you a bit of tourism.
29:11
Speaker 15: Some parties take a tour, go to the castle, see.
29:14
Speaker 4: All of that.
29:15
Speaker 14: And we felt that after a few years of evaluating
29:18
Speaker 14: that there was those a missing connects in regards to business,
29:22
Speaker 14: and it became obvious even when you go to the
29:25
Speaker 14: airport that around Christmas time, say from November to January,
29:30
Speaker 14: the influence people come in in too Ghana. You know,
29:33
Speaker 14: all look people like us, so you have a lot
29:36
Speaker 14: of dash where people come from the US, from Europe,
29:39
Speaker 14: all of.
29:39
Speaker 15: That, and then the rest of the year it's all
29:42
Speaker 15: foreigners that don't look like us.
29:44
Speaker 14: So what they tend to do is, you know, skip
29:47
Speaker 14: out on the party part of the year and come
29:50
Speaker 14: in when you know things a bit quieter and then
29:52
Speaker 14: when we looked at it, that realized it was because
29:54
Speaker 14: they come in for business. You know, they come in
29:56
Speaker 14: sometimes for the partying, but they stay for business. And
29:59
Speaker 14: then we went as the further what what businesses are
30:01
Speaker 14: they into? What's what's going on here? You know a
30:04
Speaker 14: lot of young people who know about Ghana. They you know,
30:06
Speaker 14: they love our music. You know Afro Visus huge now
30:10
Speaker 14: Ghana Nigeria. That's all of that happening. But what can
30:13
Speaker 14: they do here? What's what's a real connection they can
30:16
Speaker 14: make with the country. But there were there were no
30:18
Speaker 14: services for them. There were no avenues, you know, to
30:21
Speaker 14: provide that information. Unless you're someone like you know Shaka,
30:25
Speaker 14: who spends you know a lot of time in country,
30:28
Speaker 14: who educates himself, goes.
30:29
Speaker 15: The extra mile.
30:31
Speaker 14: It's it's very difficult for you to find this information.
30:34
Speaker 14: So you know, me and Alvin, you know, so spend
30:38
Speaker 14: some time talking about to thinking about and researching and
30:40
Speaker 14: rest luck. We need to do projects that cut across
30:44
Speaker 14: our our sort of boundaries, our divides or or just
30:49
Speaker 14: Ghanian borders. We need to get our brothers across the
30:53
Speaker 14: divide involved. We need to find one the right partners.
30:57
Speaker 14: We need to find people who understand what Gannner is like,
31:00
Speaker 14: who understand what's going on locally, but who also have
31:03
Speaker 14: you know, a clear understanding of business and business in
31:07
Speaker 14: their region as well. So it's a godsend meeting you
31:11
Speaker 14: guys where you know, we had so much synergy and
31:14
Speaker 14: you know you've been thinking about the same sort of thing.
31:16
Speaker 14: So for us, you know, getting into it, we felt
31:19
Speaker 14: that the only way this actually works out where you
31:23
Speaker 14: have people be able to come into Ghana and build
31:25
Speaker 14: roots here, was for them to be able to afford
31:28
Speaker 14: houses here, to be able to buy property in Ghana.
31:31
Speaker 14: You know, you have that in certain countries where you
31:33
Speaker 14: know you can get what they call you can get
31:35
Speaker 14: a passport for another country, you have to do an
31:37
Speaker 14: investment sort of an investment citizenship where you know, you
31:40
Speaker 14: pay one hundred and fifty thousand dollars in a monarcho
31:43
Speaker 14: is like half a million.
31:44
Speaker 15: I think it's gone up now like seven fifty.
31:46
Speaker 14: A few other parts of the world where you know,
31:49
Speaker 14: you pay on hundred and fifty thousand dollars, doing fifty
31:51
Speaker 14: thousand dollars, you buy a property and then they allow
31:53
Speaker 14: you to get to become a citizen of that country.
31:57
Speaker 14: In Ghana, it was more like, you know, our brothers
31:59
Speaker 14: and sisters come back, We're welcome you back with open arms.
32:02
Speaker 14: But there was not that incentive for them to get
32:04
Speaker 14: involved with local business. So at the end of the day,
32:07
Speaker 14: we were getting the passport, which made getting into the
32:09
Speaker 14: country easy. But when they come, they only come to
32:13
Speaker 14: you know, for for the you know, the Christmas period,
32:17
Speaker 14: maybe in Easter sometimes, you know, but it was mostly
32:20
Speaker 14: just entertainment and we felt it was important to take
32:23
Speaker 14: it a step further get people involved with business here. So,
32:27
Speaker 14: you know, Alvin started with a concierge service, you know,
32:31
Speaker 14: introducing people to the local market, organizing travel and tours
32:35
Speaker 14: to come into Ghana, and then expanded that further.
32:38
Speaker 15: Into housing as well.
32:41
Speaker 14: We've been real estate developers for for quite a while now,
32:44
Speaker 14: and you know, the opportunity was there. We've been trying
32:46
Speaker 14: to do a large scale construction project and we felt
32:50
Speaker 14: that the only way that would make sense for us
32:53
Speaker 14: is to involve you know, our brothers and sisters from
32:55
Speaker 14: across the pond, and that's what's you know, we've been
32:58
Speaker 14: sort of looking at and it's it's been exciting, you know,
33:03
Speaker 14: the opportunity has been great. But even from our you know,
33:07
Speaker 14: we launched this project not too long ago. Even if
33:10
Speaker 14: you go online, you see the interaction with people. You
33:12
Speaker 14: see the excitements build up, you know, you go into
33:14
Speaker 14: the comments, you go into the message and the dms
33:16
Speaker 14: we get from people. There are a lot of people who
33:18
Speaker 14: are excited to find out more about Ghana, find more
33:21
Speaker 14: about their roots, find more about other parts of Africa.
33:24
Speaker 14: But there's a market there. There's a market of people
33:27
Speaker 14: who are are keen on coming into this part of
33:30
Speaker 14: the world.
33:30
Speaker 15: But they just need some assistance. They need some help,
33:33
Speaker 15: they need some.
33:33
Speaker 14: Some guidance, you know, and that's where we sort of
33:37
Speaker 14: we felt we could come in and assist with that
33:40
Speaker 14: by providing a safe environment. We ourselves, all of us,
33:44
Speaker 14: have lived, you know, across the world. I grew up
33:46
Speaker 14: in Ghana and Australia. House in Australia for about twelve
33:48
Speaker 14: years or so, someone Australian citizens as well, and so
33:52
Speaker 14: I've been there, I've traveled, you know, all over the world,
33:55
Speaker 14: and I love it here.
33:56
Speaker 15: You know, I find Ghana to be one of the
33:57
Speaker 15: best places you can live and do good.
33:59
Speaker 4: Bess.
34:00
Speaker 14: That's here the opportunities are there and that's what we
34:03
Speaker 14: tapped into. And then you know, we've come together. That's
34:06
Speaker 14: a nice band of brothers who all have a singular
34:08
Speaker 14: purpose and achieving you know, this this dream and this
34:12
Speaker 14: vision and we've come quite by the.
34:14
Speaker 15: Way and with it so far.
34:17
Speaker 4: Yeah, for sure. So we want to get into the project.
34:20
Speaker 6: But beforehand, let's actually and uh tweet, maybe you might
34:25
Speaker 6: be the best person to talk about this because you
34:28
Speaker 6: you you're on both sides, on the American side, and
34:32
Speaker 6: so for people that have not been to Guna are
34:33
Speaker 6: not familiar.
34:34
Speaker 5: You know.
34:34
Speaker 6: The reason why we personally, you know, invested our time,
34:38
Speaker 6: energy resources into Ghana.
34:40
Speaker 4: We just felt Ghana had a few things that was
34:42
Speaker 4: in his favorite a. It's safe, right, that's important.
34:48
Speaker 6: So from a security standpoint, you want to go to
34:51
Speaker 6: a country that you actually feel safe. And this is
34:52
Speaker 6: just anywhere in the world, right. So we've been all
34:55
Speaker 6: over the map, and you know, you kind of know
34:57
Speaker 6: when you're in dangerous areas and you kind of know
34:59
Speaker 6: when you're in the area that you know you feel
35:00
Speaker 6: comfortable in. So ghan is a safe country and it
35:03
Speaker 6: has stable government and that's important too. Unfortunately, especially in Africa,
35:09
Speaker 6: you know, government has been a major issue, and that's
35:12
Speaker 6: for a variety of different reasons.
35:14
Speaker 4: But that's neither here nor there. But you know, ghan
35:18
Speaker 4: is one of these countries that.
35:21
Speaker 6: As you know, transitions of power, right, they don't have
35:25
Speaker 6: like military coups happening in every.
35:27
Speaker 4: Three years, So that's important.
35:29
Speaker 6: Like, you know, you invest somewhere, you want, you want
35:31
Speaker 6: to know that there's at least you know that there's
35:33
Speaker 6: never gonna be a perfect government, but at least there's
35:36
Speaker 6: no you know, simple unrest that happens every other week. Right,
35:40
Speaker 6: that's something that is not sustainable for investment, especially for
35:43
Speaker 6: foreign investment, because you don't know what's going on.
35:46
Speaker 4: So that that works in his favor.
35:47
Speaker 6: But you like talk about your transition as far as
35:51
Speaker 6: you know, an American going to Ghana even though you're
35:54
Speaker 6: from Ghana originally, but like because you know, the healthcare system,
35:58
Speaker 6: all of that kind of just welcomes through your personal experience.
36:02
Speaker 9: Yeah, no, my experience.
36:04
Speaker 11: It's interesting because I sometimes tell people you get you
36:08
Speaker 11: get the culture shop twice, right, because I was born
36:11
Speaker 11: in the US and then I moved to Ghana when
36:13
Speaker 11: I was seven, Right, there was an adjustment even though
36:16
Speaker 11: I was Guinean by blood. There was an adjustment and
36:19
Speaker 11: just being American and now trying to plug into the
36:22
Speaker 11: to the Guinean kind.
36:23
Speaker 9: Of school system.
36:25
Speaker 11: And then I came back to the US for college,
36:27
Speaker 11: there was an adjustment, and then going back to Ghana.
36:29
Speaker 11: You don't realize like how much you kind of evolved
36:32
Speaker 11: during your formative years. But it was an adjustment to
36:36
Speaker 11: start out, but tremendous amount of opportunity because you know,
36:41
Speaker 11: kameit touched on the business environment. I actually moved back
36:44
Speaker 11: to Ghana in twenty nineteen to join a small holding
36:48
Speaker 11: company and at the time, like you know, we had
36:52
Speaker 11: three restaurants in our portfolio.
36:54
Speaker 9: Right fast forward to.
36:55
Speaker 11: Today, you know, five five six years later, we have
36:59
Speaker 11: upwards of one hundred and fifty where one of the
37:02
Speaker 11: largest franchisees for Pinkberry across the world, right and this
37:07
Speaker 11: is just in Ghana. And so very quickly I was
37:10
Speaker 11: able to kind of adjust to the dynamics of working
37:15
Speaker 11: and living in Ghana because although our institutions are nascent
37:20
Speaker 11: processes work, if you want to set up a company,
37:23
Speaker 11: there's a structure that you can follow to be able
37:25
Speaker 11: to do that.
37:26
Speaker 9: People to support and assist you all across the board.
37:30
Speaker 11: And then you know, from quality of life standpoint, like
37:34
Speaker 11: quality of life in Ghana is really high, especially if
37:37
Speaker 11: you're you know, someone of middle income upper upper middle class,
37:41
Speaker 11: Like there are certain things you can have access to.
37:44
Speaker 11: You have, you know, additional support, whether it's you know,
37:47
Speaker 11: nanny's at home to kind of support with upkeep. The
37:51
Speaker 11: healthcare infrastructure is really strong. We invest the significant amounts
37:57
Speaker 11: of money the government private sector into enhancing our healthcare systems.
38:03
Speaker 9: When you look at Ghana from kind.
38:05
Speaker 11: Of a social perspective, like everyone talks about dirty December
38:09
Speaker 11: and like the year we go to party, but the
38:12
Speaker 11: social scene extends beyond that, right there's movie theaters and
38:17
Speaker 11: golf courses and pickleball and all these nice kind of
38:21
Speaker 11: restaurants that you can partake in. And then on the
38:24
Speaker 11: cultural side, you know, there's a whole bunch of natural
38:29
Speaker 11: kind of whether you want to go on hikes, or
38:31
Speaker 11: you want to go to the Cacoon forest, or you
38:35
Speaker 11: want to go to the Cape Coast castles, or you
38:37
Speaker 11: want to partake in in like a cultural dance trope.
38:41
Speaker 11: There's just so much richness to Ghana from a social
38:44
Speaker 11: standpoint that even goes beyond just you know.
38:47
Speaker 9: The parties that a lot of people will see on Instagram.
38:50
Speaker 11: And so for me, it was like that range just
38:53
Speaker 11: allowed me to kind of plug back in and really
38:57
Speaker 11: start to assimilate again. And I think, you know, when
39:00
Speaker 11: when people are thinking about Ghana as a place, can
39:02
Speaker 11: I live here? Right, like everything from our healthcare to
39:06
Speaker 11: education system. Like right now, from a tech standpoint, you
39:09
Speaker 11: got a lot of people working remotely out in Ghana
39:13
Speaker 11: because quality of internet is there, right, we have five
39:16
Speaker 11: G Internet in Ghana too.
39:18
Speaker 4: Uh.
39:18
Speaker 11: There's elon Musk Starlink that you can plug into just
39:21
Speaker 11: to make sure you have access to your Zoom meetings
39:24
Speaker 11: and Microsoft teams and so uh. I think I think
39:27
Speaker 11: it's one of the things where like people feel like
39:30
Speaker 11: Africa can be distant in daunting, but stay connected to
39:34
Speaker 11: folks who've been there. Come as a tourist first and
39:37
Speaker 11: you'll see that it's it's a high quality of life
39:39
Speaker 11: that you can easily assimilate well.
39:41
Speaker 6: Too, we talk about talk about your your specific journey
39:43
Speaker 6: as far as like you said, you're one of the
39:44
Speaker 6: biggest franchise e.
39:46
Speaker 4: You have one of the biggest you know, food change
39:48
Speaker 4: in Ghana and the whole probably continent.
39:51
Speaker 6: So talk about like just talk about that as far
39:53
Speaker 6: as your entrepreneurial journey going there, Like what was the
39:56
Speaker 6: steps that you took to get up and.
39:57
Speaker 4: Run in like kind of walking through that.
39:59
Speaker 16: Yeah.
40:00
Speaker 11: So my thought process was, I've always known that I
40:04
Speaker 11: was an entrepreneur at heart, you know, I was. I
40:07
Speaker 11: was a kid in middle school and high school who,
40:09
Speaker 11: you know, would.
40:10
Speaker 9: Sell back in Ghana.
40:11
Speaker 11: I would buy all these US fre roll ups, rice,
40:15
Speaker 11: Chrispy Trees, all these snacks and sell it to my classmates.
40:18
Speaker 9: So I've always had that entrepreneurial spirit.
40:21
Speaker 11: And so when I started to think about going back
40:24
Speaker 11: to Ghana, you know, my preference was to do it
40:27
Speaker 11: through what's called entrepreneurship through acquisition. So I found a
40:31
Speaker 11: partner who had set set up kind of a food business.
40:35
Speaker 11: They only had three locations at the time, and just
40:39
Speaker 11: started working together as partners, and we said, hey, we
40:43
Speaker 11: want to stay opportunistic, right, And our thesis was literally,
40:49
Speaker 11: Ghana is a very nascent market with a lot of opportunity.
40:53
Speaker 11: Sixty percent of our population is under the age of
40:56
Speaker 11: twenty five and the middle classes growing at an unprecedented rate.
41:00
Speaker 11: And so we knew people will always need food, so
41:03
Speaker 11: we started off in food service and really trying to
41:06
Speaker 11: scale kind of what is you know, quick service fast casual.
41:11
Speaker 9: Restaurants.
41:12
Speaker 11: And our thesis was, hey, we would get some of
41:15
Speaker 11: these Western brands and learn their processes and then implement.
41:20
Speaker 9: It to scale up some of our local brands. And
41:22
Speaker 9: so now we have both.
41:23
Speaker 11: Right we have the franchise for Burger King and Pinkberry,
41:28
Speaker 11: but we also have local brands and Domain Foods and
41:31
Speaker 11: Chickenman and collectively are the largest restaurant operator in Ghana.
41:36
Speaker 11: But we've continued to stay opportunistic and now have a
41:40
Speaker 11: presence in actually fourteen different African countries covering food service.
41:46
Speaker 11: We also do financial services where you provide kind of
41:51
Speaker 11: small business financing for.
41:53
Speaker 9: People at the bottom of the pyramid.
41:55
Speaker 11: We have a gaming platform that effectively provide software for
42:02
Speaker 11: media houses to run raffles.
42:04
Speaker 9: So we actually partnered with with Alvin.
42:06
Speaker 11: And Kuama to run one of our raffles kind of
42:09
Speaker 11: through their media house. And then and then real estate,
42:12
Speaker 11: so both commercial and residential, and so partner with with
42:16
Speaker 11: Alvin and kwame On on Sambra to do to do
42:18
Speaker 11: on the residential side, and then on the commercial side.
42:22
Speaker 11: We also have a bunch of properties in in Tanzania
42:25
Speaker 11: and so it's it's been interesting to kind of first
42:29
Speaker 11: come to Ghana but realize that the opportunity for growth
42:34
Speaker 11: extends beyond just Ghana and taking that risk going to
42:38
Speaker 11: some of these other different markets, so across West.
42:41
Speaker 9: Africa, East Africa and Tanzania, Kenya.
42:43
Speaker 11: Uganda, we're in Malawi, Mozambique, uh Sierra Leone, We're working
42:50
Speaker 11: on Senego and Guinea. It's it's been fun, man, and
42:53
Speaker 11: I always extend myself as a resource for people who
42:56
Speaker 11: are looking to navigate because I think first you need
42:59
Speaker 11: someone who something to chase, or someone who's had the
43:03
Speaker 11: success you're looking for, and then just kind of leverage
43:06
Speaker 11: those partnerships to deepen your presence and figure out where
43:10
Speaker 11: you can also add value.
43:11
Speaker 6: And it's crazy because when we actually went there, we
43:14
Speaker 6: met a few people that were from America. One guy
43:17
Speaker 6: from Chicago, he moved he and he has a restaurant.
43:21
Speaker 6: We met like a few Americans that actually moved to
43:25
Speaker 6: Ghana and started businesses, and a lot of them was
43:29
Speaker 6: in the service, hospitality restaurant industry, so you know, from
43:33
Speaker 6: a business standpoint.
43:34
Speaker 4: That's something to just think about as well.
43:36
Speaker 5: When I want to come to you, my brother, now
43:38
Speaker 5: you again like too, you from Ghana, but you lived
43:42
Speaker 5: in America in a few places, right, but always go
43:45
Speaker 5: back to.
43:45
Speaker 4: Ghana and now traveling throughout the world.
43:47
Speaker 5: Well, one of the things obviously at the future, which
43:49
Speaker 5: we mentioned is actually a business structure. And so during
43:54
Speaker 5: December we saw you and we saw the stress and
43:56
Speaker 5: we saw the anks that it puts on on the
43:59
Speaker 5: actual person and obviously with the family as well. We
44:02
Speaker 5: saw you again in April during eas to a little
44:05
Speaker 5: bit more relaxed talk about structuring business, how that deal
44:09
Speaker 5: flow is happening inside of Ghana during that time and
44:12
Speaker 5: throughout the year.
44:12
Speaker 6: And Afro future for people that don't know, because I
44:15
Speaker 6: want to give them a full perspective. You get like
44:16
Speaker 6: thirty thousand people to come, right, So that's what might
44:19
Speaker 6: be shooting it, right, Yeah, I mean it's a big
44:21
Speaker 6: it's a very big festival. And your partners are from
44:25
Speaker 6: America too, right, So yeah, talk about the business of that.
44:29
Speaker 8: Let's go down memory lane. Let's this is some history, right.
44:31
Speaker 17: So nineteen sixty Mayangelou approaches Carmen Krumer about doing a
44:37
Speaker 17: festival in Ghana just to celebrate Ghana's independence.
44:41
Speaker 8: This was nineteen sixty.
44:42
Speaker 17: They're not able to get the festival done until nineteen
44:45
Speaker 17: seventy one. They do a festival called Soul to Soul.
44:48
Speaker 17: So first time the American dash Broad comes down to
44:52
Speaker 17: Ghana to do an amazing festival at Independence Square. You
44:55
Speaker 17: had I turn that team to turn up, pull Up,
44:58
Speaker 17: and basically that was like the very first major festival
45:01
Speaker 17: ever done in Ghana. Fast forward you have nineteen ninety
45:05
Speaker 17: two Panefest, which was when the Pan African community decided
45:09
Speaker 17: to do another festival to invite people back to Ghana,
45:12
Speaker 17: especially to the Cape Coast area, to connect with them,
45:15
Speaker 17: to ancestors and to get you know, to get people
45:18
Speaker 17: to heal. Fast forward again, in twenty twelve, Kwame and
45:23
Speaker 17: I had a festival called Afrobeast Festival. The great Miss
45:27
Speaker 17: Lauren Hill came. We did that Independent Square. That was
45:30
Speaker 17: kind of like the inspiration. We wanted to get people
45:34
Speaker 17: to come back and we lift the whole Soul to
45:37
Speaker 17: Soul vibe and that was also super successful, sixty thousand people.
45:42
Speaker 17: And then fast forward again twenty seventeen, we sit with
45:47
Speaker 17: Abdul and the rest of the guys and then Afrofuture came.
45:50
Speaker 17: So I just wanted you guys to understand that it
45:51
Speaker 17: wasn't just like we just woke up one day and
45:54
Speaker 17: decided to do festivals.
45:55
Speaker 8: It's a history behind it, right.
45:56
Speaker 17: One of the things though, that Mayanel would discussed with
46:00
Speaker 17: and Crewer at the time was how do we get
46:01
Speaker 17: our people to just come home, but to connect more
46:04
Speaker 17: and then to do than to do business.
46:06
Speaker 4: Right.
46:06
Speaker 17: So once the Afrofuture plan took off and it became
46:10
Speaker 17: super successful, that's when we decided to make it an
46:13
Speaker 17: actual viable location for people to come back to the
46:17
Speaker 17: country and to do business.
46:19
Speaker 8: Now, setting up a company in Ghana is not difficult.
46:22
Speaker 17: You literally have to have the right legal partners as
46:25
Speaker 17: a registrar's office.
46:26
Speaker 8: You can get things done.
46:28
Speaker 17: But the challenge was how do we understand the mindset
46:31
Speaker 17: of people that want to come home and also get
46:34
Speaker 17: them to not just party but to you know, like
46:36
Speaker 17: Kwame had already said, to investment in the country. So
46:40
Speaker 17: if you go to Afrofuture, that's actually a marketplace where
46:43
Speaker 17: we were supporting entrepreneurs so people could come and actually
46:46
Speaker 17: do business there. And the very first one that we
46:48
Speaker 17: did a lot of businesses that were at the very
46:50
Speaker 17: first Afrofuture. They actually went on to become substantial businesses
46:54
Speaker 17: in Ghana. So the miset was always to create some
46:58
Speaker 17: kind of commerce between our people. It was never Partying
47:02
Speaker 17: was part of it, obviously, because you know Africa black people,
47:06
Speaker 17: we like to have a great time.
47:08
Speaker 8: Obviously we love the culture, we love the food.
47:10
Speaker 17: But there's been a whole generational shift from ideas that
47:14
Speaker 17: came from all the way from the sixties to get
47:17
Speaker 17: to where we are now. The After Future business is
47:20
Speaker 17: a great structure. We've we've we've expanded in different ways.
47:22
Speaker 17: We've broken artists, we've helped artists achieve record deals. There's
47:28
Speaker 17: so many artists are huge now that actually had a
47:31
Speaker 17: great start on our stages, Tyler.
47:33
Speaker 8: Being one of them.
47:34
Speaker 17: When Tyler's was on the After Future stage, that was
47:37
Speaker 17: like maybe four years ago, and obviously now she's become
47:40
Speaker 17: a global superstar. So there's just so many diverse ways
47:44
Speaker 17: where the festival has actually contributed to the economy and
47:47
Speaker 17: the community. I mean, we had over seven fifty thousand
47:50
Speaker 17: people coming to Ghana for the Year of Return, and
47:52
Speaker 17: when you look at all those visa applications, ninety percent
47:55
Speaker 17: of them said we're going to Ghana for Afro Cella
48:00
Speaker 17: before it became Afro Future. So I just look at
48:04
Speaker 17: how culture has moved our people to come together, and
48:08
Speaker 17: that was always going to be the plan. I mean,
48:09
Speaker 17: wherever you wherever you find culture, you find out people.
48:12
Speaker 17: Right when you come to New York, when you go
48:14
Speaker 17: to Germany, you will find the Africans. You know what
48:17
Speaker 17: I'm saying, Like, you're always going to find our people
48:20
Speaker 17: and we always connect via culture. Like now when I'm
48:23
Speaker 17: driving through you know, even if it's Miami or its
48:26
Speaker 17: New York. It's so crazy to hear afrobeats on the
48:29
Speaker 17: radio because there's a time when when you heard one song,
48:31
Speaker 17: you're literally thought it was like a mistake. But now
48:34
Speaker 17: we're actually on billboards where we're getting Grammy nominations. I mean,
48:37
Speaker 17: the Grammys are trying to set up in Africa now,
48:40
Speaker 17: So that is less you understand the power of the
48:43
Speaker 17: culture that black people have in general, you know, and
48:45
Speaker 17: also when you look at culture, there's so many businesses
48:47
Speaker 17: that can come out of that. There's so many fashion
48:49
Speaker 17: brands that are doing so well just based off of
48:53
Speaker 17: the advent and the more the interest that the world
48:55
Speaker 17: has in Africa. Now you know, our music obviously is
48:58
Speaker 17: being exported. Now when you when you much major TV shows,
49:01
Speaker 17: we're getting a lot of sing deals. You know, the
49:04
Speaker 17: Temes of the world, you know, the Stone Boys of
49:06
Speaker 17: the world. Like we're gradually getting to become the larger
49:10
Speaker 17: part of pop culture, you know. So when you look
49:12
Speaker 17: at that, it's it's about time for us to all
49:14
Speaker 17: just come together and connect the dust. Like when I
49:17
Speaker 17: went to invest FST, I was blown away the first time.
49:20
Speaker 17: I mean, Kwame tuy shock everybody knows. Like I called
49:24
Speaker 17: everybody and was like, Yo, this is what I thought
49:26
Speaker 17: that you return should have been. You know, Black people
49:29
Speaker 17: coming together, speaking together, understanding how finance works, learning the game,
49:34
Speaker 17: and then making money together. Like at the end of
49:36
Speaker 17: the day, this is tough, Like you can't do this
49:38
Speaker 17: by yourself. So for us to come together to make
49:41
Speaker 17: this work, I think it's it's phenomenal. I personally have
49:45
Speaker 17: been very excited and very proud about about what we're
49:49
Speaker 17: trying to do. And I know that together this is
49:51
Speaker 17: going to be amazing.
49:54
Speaker 4: No, that's a fact, and you know it's crazy too.
49:56
Speaker 6: We went to Ghana for market mondays he interviewed Kevin o'cherry,
50:02
Speaker 6: another very impressive entrepreneur out there, and he told us
50:05
Speaker 6: that he was just talking. He was like, there's so
50:07
Speaker 6: much opportunity like everywhere, like anyway, and he was like,
50:11
Speaker 6: just think about something like porter potties, right, and.
50:16
Speaker 4: You know porter potties, and.
50:17
Speaker 6: That we don't even think about really in America because
50:20
Speaker 6: we just seen him so much everywhere, right, sporting events,
50:22
Speaker 6: you know, festivals, whatever. But he was like, at the time,
50:25
Speaker 6: there was really no Porter potties in Ghana. So he
50:28
Speaker 6: was like, all these construction sites and there's so much
50:30
Speaker 6: construction that's happening. He's like, where the guy's going to
50:33
Speaker 6: go to the bathroom? Right, So he was like, you know,
50:35
Speaker 6: foreig enough King and had the idea that they wanted
50:39
Speaker 6: to put porter potties and.
50:43
Speaker 4: Filthy rich off of it.
50:45
Speaker 6: So it's like one of these things like a lot
50:46
Speaker 6: of times people thinking like, Okay, well what can I do?
50:48
Speaker 6: What kind of business do I can I bring? Like
50:51
Speaker 6: what kind of value can I offer? I mean, it's
50:53
Speaker 6: really unlimited. It's it's you know, whatever you think, but
50:57
Speaker 6: it's like something like that, it's something that nobody that's
50:59
Speaker 6: not a sex business. That's not something that will probably
51:02
Speaker 6: be on the on the forefront of people's minds is
51:05
Speaker 6: to go to a different country and start a porter
51:08
Speaker 6: party business. But it was a need for it. They
51:12
Speaker 6: filled the gap and he, like I said, he made
51:16
Speaker 6: he made a lot of money off me and that
51:18
Speaker 6: story that he told us personally, and I was like,
51:19
Speaker 6: damn that that's something.
51:20
Speaker 4: Like who would have ever thought about something like that.
51:23
Speaker 5: At the similar story, when we were at Apple Future,
51:26
Speaker 5: we were you know, parking is it's trying, right, and uh,
51:29
Speaker 5: we were in the parking lot and there was one
51:31
Speaker 5: dude who actually double parked his car, but it double
51:34
Speaker 5: parking situation where no one can get out of the
51:37
Speaker 5: parking lot, and so everybody was standing there like.
51:39
Speaker 4: Yo, somebody call a tow truck for this guy. Then
51:42
Speaker 4: we kind of looked around at each other.
51:43
Speaker 5: And I was like, there's no, there's no toe trucks.
51:47
Speaker 5: That's not that's not even a business, Like what are
51:49
Speaker 5: you talking about? But just these things that we see
51:51
Speaker 5: on it every day and are common to us, there's
51:55
Speaker 5: opportunities in other places where it doesn't exist.
51:57
Speaker 4: Imagine a towing company for that moment.
51:59
Speaker 5: Now we were all praying when he came out to
52:01
Speaker 5: move that car that he was going to make the
52:03
Speaker 5: home safe, and I think he did. I think everybody
52:05
Speaker 5: was like, all right, just moved the car so we
52:07
Speaker 5: can leave. But this is part of there's opportunities. We
52:10
Speaker 5: just got to see him as that.
52:11
Speaker 4: That's the fact.
52:12
Speaker 6: So now I want to talk about the number one
52:13
Speaker 6: business in the world, which is real estate relatives forever.
52:17
Speaker 6: And like I said, it's actually there's two things that's
52:20
Speaker 6: essential to live food and shelter.
52:23
Speaker 4: So agriculture farms.
52:25
Speaker 6: That's important for sure, but just as important as you
52:29
Speaker 6: got to have somewhere to actually live.
52:31
Speaker 4: Right.
52:32
Speaker 6: So the biggest business in the world, a business that
52:36
Speaker 6: can never be replaced, and the business that we're in
52:40
Speaker 6: right As far as our development, Somber City, the reason
52:45
Speaker 6: that we named it that we'll talk about that in
52:46
Speaker 6: a little bit, but this is significance to that name.
52:49
Speaker 6: But it is over four hundred acre project, but we're
52:55
Speaker 6: breaking it into different you know development. So the first
52:57
Speaker 6: one is thirty acres, right, and we're going to talk about,
53:02
Speaker 6: you know, in detail. But something that's very proud is
53:05
Speaker 6: happening in real time, happening very quickly started construction and
53:10
Speaker 6: homes to be built within the next six months. Uh So,
53:14
Speaker 6: first and Kwame, I guess you can you can answer
53:17
Speaker 6: this before we go into the somber.
53:20
Speaker 4: Just talk about the landscape of real estate in Ghana, Like.
53:24
Speaker 6: What has been the you know, appreciation for Ghana real
53:29
Speaker 6: estate over the last decade since they announced the year
53:31
Speaker 6: of return. What are some some you know opportunities as
53:37
Speaker 6: far as real estate. I know Airbnb is big, especially
53:40
Speaker 6: in December, because a lot of people that you know
53:43
Speaker 6: will potentially buy homes.
53:44
Speaker 4: They're not going to live there full time, right, so they.
53:46
Speaker 6: Want to know from an investment standpoint, you know, how
53:48
Speaker 6: can I make my money back? So let's talk about
53:50
Speaker 6: just in general the Ghana real estate market.
53:56
Speaker 4: All right.
53:57
Speaker 14: Funny enough, our real estate market is quite quite developed.
54:01
Speaker 14: I'll speak a little bit and I'll have to be
54:03
Speaker 14: coming also on thisc he also has quite a bit
54:05
Speaker 14: of expertise. But first thing I'll say is we have
54:08
Speaker 14: a very developed real estate market. A lot of people
54:12
Speaker 14: think that, oh, it's Africa, so you know, we're going
54:14
Speaker 14: to come in here. Things are going to be cheap,
54:16
Speaker 14: It's going to be built terribly. We don't have you know,
54:19
Speaker 14: construction technology.
54:20
Speaker 4: We don't.
54:21
Speaker 15: We have no idea what we're doing.
54:23
Speaker 14: But if you're in Ghana, I mean for half an
54:25
Speaker 14: hour an hour you leave the airport and you drive
54:27
Speaker 14: around in any direction, you'd realize that, no, we were
54:30
Speaker 14: actually quite quite serious about what we're doing here. We've
54:33
Speaker 14: got multi lane roads, you know, we've got highways, interchanges,
54:37
Speaker 14: you know, thirty story buildings, you know, we've got multiple
54:42
Speaker 14: types of development all over the place. In Acra, which
54:46
Speaker 14: is the main capital city, I would I generally like
54:49
Speaker 14: to say, you know, liking it to New York or
54:52
Speaker 14: London or Sydney, any of these you know, top tier cities,
54:57
Speaker 14: especially when he has to do with real estates. The
55:00
Speaker 14: reason I say that is one our pricing currently. You know,
55:04
Speaker 14: Gnner is not the largest country by by size. We
55:08
Speaker 14: have a population about thirty million, thirty three million. At
55:11
Speaker 14: the moment, our Kra has about five million people that
55:15
Speaker 14: they don't give a take, but like to we said
55:17
Speaker 14: earlier on, our middle class is expanding rapidly and quite aggressively.
55:22
Speaker 14: And what has happened is there's been a gap in
55:26
Speaker 14: the real estate market where there are a lot of
55:28
Speaker 14: people who can afford to rent, but may not be
55:31
Speaker 14: able to buy. And the reason for that is in Ganer,
55:35
Speaker 14: unlike western countries or you know, you're part of the
55:38
Speaker 14: world where access to credits is quite easy and is
55:42
Speaker 14: quite fast and convenient. In Gner is where we are
55:46
Speaker 14: now trying to catch up with our credit system, plaining
55:49
Speaker 14: of the President just launched a credit score app just
55:52
Speaker 14: last week.
55:53
Speaker 15: So just to put in context.
55:55
Speaker 14: If we're not getting the credit score app, you can
55:57
Speaker 14: understand how you know, far behind we are on credit now,
56:00
Speaker 14: you know, looking at it simply, you'd be like, oh,
56:02
Speaker 14: they don't have credit there, well, yes, but then the
56:05
Speaker 14: opposite is true, where you pay for everything upfront. So
56:09
Speaker 14: you come to Garner, any house, you see, any building,
56:12
Speaker 14: you see anybody's nice fantasy car, and we've got everything.
56:15
Speaker 14: You know, there are people with private jets here, there
56:17
Speaker 14: are people with golf courses and you know, beach homes
56:20
Speaker 14: and think of anything. You know, you know, you from
56:23
Speaker 14: anywhere in the world, there are people who have it here.
56:25
Speaker 14: There are people who have done quite well for themselves,
56:28
Speaker 14: you know, they they are multi millionaires.
56:30
Speaker 15: Here in Ghana.
56:32
Speaker 14: There are people who are several several you know, multi
56:35
Speaker 14: you know dollar millionaires, not even you know, city millionaires.
56:39
Speaker 15: So we do have quite a robot system here.
56:42
Speaker 14: Our pricing is very similar to like I said, you're
56:44
Speaker 14: finding any top tier city. We're in Ghana. An acre
56:49
Speaker 14: of land in our primarias airport cantonments easily gone will
56:54
Speaker 14: cost you upwards of a million dollars, you know, one
56:56
Speaker 14: point five million, you know, and that's comparable to anywhere
57:00
Speaker 14: else you'd have in the world. Rental income, you know,
57:04
Speaker 14: for a decent place in a decent neighborhood will go
57:07
Speaker 14: anywhere from thousand, five hundred dollars on the low end
57:10
Speaker 14: all the way to three thousand and four thousand dollars
57:13
Speaker 14: on the top end. And you're talking for a standard
57:16
Speaker 14: three bedroom, four bedroom, you know, sort of sort of
57:19
Speaker 14: either house or apartment. There's a lot on the market
57:23
Speaker 14: because we've got a lot of big time developers who
57:25
Speaker 14: have seen the opportunity.
57:27
Speaker 15: Most of them are from Europe.
57:29
Speaker 14: What's funny is, you know, the American developers are yet
57:31
Speaker 14: to click on Takana. You know, we're a bit far
57:34
Speaker 14: away from them at the moment. By Europe is six
57:36
Speaker 14: hours away. So you've got a lot of contractors that
57:39
Speaker 14: you are from, you know, Belgium, you know, Germany, you've
57:42
Speaker 14: got a lot of Lebanese people here. We've got a
57:44
Speaker 14: lot of Indian people here, a lot of Turkish are
57:47
Speaker 14: doing quite well here. And you know, so they come in,
57:51
Speaker 14: you know for five hour flight, six hour flight, they're
57:53
Speaker 14: here for a week, two weeks to go back home.
57:55
Speaker 14: They're able to access you know, considerably cheaper finance, and
57:59
Speaker 14: it's accelerated the growth of our market. So in Ghana now,
58:03
Speaker 14: you know, Airbnb is quite prolific. If you know, you
58:06
Speaker 14: take a casual look, just go on your phone, open
58:08
Speaker 14: up the Airbnb app, put in Acra Accra and see
58:11
Speaker 14: what's there. Most things would be going for one hundred
58:14
Speaker 14: dollars a night, one hundred and fifty dollars, two hundred
58:16
Speaker 14: dollars a night.
58:17
Speaker 15: The cheap maybe fifty to fifty.
58:19
Speaker 14: Which is comparable to anywhere in the world, you know,
58:21
Speaker 14: if you wanted a decent place. So the first thing is,
58:24
Speaker 14: don't come to Africa or Ghana specifically, thinking oh it's Africa.
58:28
Speaker 14: You know, it's backward, it's cheap. You know, I can
58:30
Speaker 14: come with you know, one thousand dollars and live like
58:32
Speaker 14: a king. It'll be quite a rude awakening. But that said,
58:38
Speaker 14: the opportunities are there, just like they are anywhere else
58:40
Speaker 14: in the world. We made a good point with the
58:43
Speaker 14: porter Party's funny enough, that's that was a huge business
58:47
Speaker 14: when the first came out, when people were looking at
58:49
Speaker 14: it and nobody, you know, took the opportunity and it's
58:52
Speaker 14: it's we ourselves. When we were doing festivals, it was
58:55
Speaker 14: always an issue we didn't have enough for them to rent. So,
58:59
Speaker 14: you know, next thing back to real estate. The opportunities
59:02
Speaker 14: there is growing exponentially.
59:06
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Speaker 1: An illegal alien from Guatemala charged with raping a ch
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1:01:57
Speaker 15: As we know, Land is a finite reason source.
1:02:00
Speaker 14: You know they're not making any more of it, as
1:02:02
Speaker 14: they say, and Ghana not being the largest country, in Akra,
1:02:07
Speaker 14: not being the largest city. You have to understand that
1:02:11
Speaker 14: ten years from now, fifteen years from now, it'd be
1:02:13
Speaker 14: very difficult to get primary real estates at you know,
1:02:17
Speaker 14: at reasonable pricing or cheap pricing.
1:02:19
Speaker 15: Let me put it that way. Everything is expanding rapidly.
1:02:23
Speaker 14: We talk about Tambra City when we first you know,
1:02:26
Speaker 14: identify the opportunity and we were looking for a good
1:02:30
Speaker 14: piece of land to put this project on, and people
1:02:33
Speaker 14: took us to the location.
1:02:36
Speaker 15: There were no roads leading there. It was the area
1:02:40
Speaker 15: was used by the government for what they call animal.
1:02:43
Speaker 14: Husbandry, so basically you know, goats and sheep you know,
1:02:46
Speaker 14: running through the you know, all.
1:02:48
Speaker 15: Over the place. So it was a sort of.
1:02:50
Speaker 14: A you know, loose and fast sort of area, no controls,
1:02:55
Speaker 14: you know. I remember we took my dad there. He
1:02:57
Speaker 14: was like, oh, you've got to be nuts we're doing
1:03:00
Speaker 14: out here. Flash to today, which is what two years
1:03:04
Speaker 14: I think two years to and a half years later.
1:03:08
Speaker 14: Right to the property, that's a six lane highway. There's
1:03:11
Speaker 14: a brand new sports arena which is or use the
1:03:14
Speaker 14: Botiman Sports Complex if you think of you know, like
1:03:18
Speaker 14: the African version of the Olympics was hosted literally, you know,
1:03:21
Speaker 14: right behind our property. We've got the whole area has
1:03:26
Speaker 14: been I don't want to say, you know, gentified, but
1:03:29
Speaker 14: the whole area has come up quite rapidly when we
1:03:32
Speaker 14: went there one hundred by one hundred, that's on hundred
1:03:35
Speaker 14: feet one hundred feet for the land, or it's about
1:03:38
Speaker 14: to put in perspective one thousand, five hundred dollars, you know,
1:03:42
Speaker 14: if you're competed to Gunner Cities. When we were looking today,
1:03:45
Speaker 14: that's gone up over ten x to the point where
1:03:49
Speaker 14: you can't even you know, find you know, people are
1:03:52
Speaker 14: saying one hundred thousand dollars and all.
1:03:54
Speaker 15: Sort of crazy numbers for the same piece of land.
1:03:58
Speaker 14: But in real estate, as we know, a road you
1:04:00
Speaker 14: know makes real estate, access makes real estate, and we've
1:04:04
Speaker 14: got two great highways leading there.
1:04:07
Speaker 15: So it's an example of what the.
1:04:09
Speaker 14: Ghanian real estate market looks like, which is in two
1:04:12
Speaker 14: years or three years, you can you know, hits huge
1:04:16
Speaker 14: multipliers on real estate here in Ghana, but you have
1:04:20
Speaker 14: to look at it as the way you look at
1:04:22
Speaker 14: it anywhere else in the world. You know, you do research,
1:04:25
Speaker 14: you speak to the right people, you do your due diligence,
1:04:29
Speaker 14: but the numbers generally are about the same where we
1:04:32
Speaker 14: are seeing, you know, twelve to fifteen percent returned on
1:04:35
Speaker 14: real estate and that's even at the low end.
1:04:38
Speaker 15: You know, you can you can do better, you can
1:04:39
Speaker 15: do higher. And another thing.
1:04:41
Speaker 14: In Ghana, unlike you know, other parts of the world,
1:04:43
Speaker 14: we do a one year or two year upfront payment.
1:04:47
Speaker 14: So elsewhere you pay monthly as you go. You know,
1:04:49
Speaker 14: you might do maybe a bond of a month or
1:04:52
Speaker 14: two and then you pay us you go and.
1:04:54
Speaker 15: Ghana, we don't have credit here.
1:04:56
Speaker 14: So what you do is if you want to rent
1:04:57
Speaker 14: a place, so you buy, you're paying up front. So
1:05:00
Speaker 14: if you're rented fifteen hundred a month, you're paying that
1:05:03
Speaker 14: times twelve for the whole year, sometimes even times twenty
1:05:06
Speaker 14: four because they asked for two years advanced, you know.
1:05:09
Speaker 14: And then on top of that you might also have
1:05:11
Speaker 14: a bond to pay, and then you might also have
1:05:13
Speaker 14: to pay your real estate agents, you know, three to
1:05:15
Speaker 14: five percent, but people do it.
1:05:18
Speaker 15: You know.
1:05:18
Speaker 14: We've got you know, a huge population of locals here,
1:05:22
Speaker 14: a huge population of das Burns here, Europeans, and we've
1:05:26
Speaker 14: got tops here real estate here in Ghana.
1:05:29
Speaker 15: We've got all the big brands.
1:05:30
Speaker 14: We've got Moving Pick, we've got the Campinskey you know, chain,
1:05:34
Speaker 14: the holiday in. All these international brands are here. You know,
1:05:39
Speaker 14: we've got to think of anything. You know, X has
1:05:41
Speaker 14: an office here or they had recently Google, Google is here,
1:05:45
Speaker 14: YouTube and any of your big, big, you know companies
1:05:48
Speaker 14: would have representation here. There are a lot of oil
1:05:51
Speaker 14: and gas companies because Gunhaus oil, a lot of gold
1:05:54
Speaker 14: companies because Gunhouse Gold. We've got diamonds, We've got box sides,
1:05:57
Speaker 14: we've got knees, we've got lethium recently, which is going
1:06:01
Speaker 14: to be huge in the next few years. So if
1:06:04
Speaker 14: you think of it from a business perspective, that's a
1:06:07
Speaker 14: part of the world that's expanding rapidly. We all know
1:06:09
Speaker 14: Africa is the new frontier, you know, is the place
1:06:12
Speaker 14: that has is growing the fastest, but has you know,
1:06:16
Speaker 14: sort of the most opportunity in that growth. You know,
1:06:19
Speaker 14: if you identify literally anything you know, you know through
1:06:22
Speaker 14: a number in the hats and pick out a business idea,
1:06:25
Speaker 14: you'll have bes competition. If you're serious about what you're
1:06:28
Speaker 14: doing and can access good finance either broader locally, and
1:06:31
Speaker 14: you work hard, nine times out of ten you should
1:06:34
Speaker 14: be successful in that business as oppose in other parts
1:06:37
Speaker 14: of the world where you have a huge amount of competition,
1:06:39
Speaker 14: and that reflects in real estate, so there are a
1:06:42
Speaker 14: lot of people who are doing one. You know, we
1:06:44
Speaker 14: talk about affordable housing or social housing, which is a
1:06:48
Speaker 14: difficulty in most parts of the world.
1:06:50
Speaker 15: You know, it's a challenge.
1:06:52
Speaker 14: The approach we have gone about it is to to
1:06:54
Speaker 14: dip into stability, So we go in the luxury you know,
1:06:59
Speaker 14: affordable market and then use the proceeds from that to
1:07:02
Speaker 14: support an affordable housing model. But it has to be
1:07:06
Speaker 14: a sustainable business first, and Guana allows for that. Because
1:07:09
Speaker 14: we have a huge economy that's growing. There are but
1:07:13
Speaker 14: two two point five million you know, residential units that
1:07:17
Speaker 14: are needed by the system currently. Obviously that yeah, that
1:07:21
Speaker 14: fus into different categories. You know, it's not all in
1:07:23
Speaker 14: luxury houses, or it's not all in affordable housing or
1:07:26
Speaker 14: whatever it is. But it shows that there is a huge,
1:07:29
Speaker 14: huge opportunity that if you build it, and you build
1:07:33
Speaker 14: it well, people will come and.
1:07:35
Speaker 15: People will be looking for a place.
1:07:37
Speaker 14: And then if you do purchase a place, either for
1:07:39
Speaker 14: to live in or as an investments opportunity, you do
1:07:42
Speaker 14: have people who be looking to rent it out. You
1:07:44
Speaker 14: have people who will be looking, you know, to either
1:07:46
Speaker 14: do short stay airbnb, whatever the case. May be, and
1:07:50
Speaker 14: the opportunity is there, and the pricing is also good.
1:07:53
Speaker 15: And I mean, I'll say one more thing. Ghana we
1:07:57
Speaker 15: spend dollars. We have CDs local currency, but we working
1:08:02
Speaker 15: dollars as well and as a US dollar.
1:08:04
Speaker 14: So there's no where this country can go and your
1:08:05
Speaker 14: dollar will not be good. You know, you can you know,
1:08:08
Speaker 14: we ask a point of law. We are not necessarily
1:08:10
Speaker 14: a dollar denominize country where you can you know, we
1:08:12
Speaker 14: say that we accept dollars, but that's literally everywhere where
1:08:15
Speaker 14: you can spend your dollar, and your dollar goes a
1:08:17
Speaker 14: lot further in Ghana, you know, And with that it
1:08:21
Speaker 14: creates sort of one of connection to a lot of
1:08:24
Speaker 14: outside markets, but it brings usus stability that you know
1:08:27
Speaker 14: that you know, whatever it is you know you're spending
1:08:29
Speaker 14: here in Ghana, you're getting value for that money, and
1:08:32
Speaker 14: it translates into real estates also quite strongly, that whatever
1:08:36
Speaker 14: you're paying for a broad where you you know, you
1:08:38
Speaker 14: might spend one hundred grande hundred and fifty thousand dollars
1:08:41
Speaker 14: and the comparative comparative products you're getting in Ghana would
1:08:46
Speaker 14: be a lot better, you know, in most cases than
1:08:48
Speaker 14: what you might be getting outside of Gharana. However, the
1:08:52
Speaker 14: returns on that portfolio would be the same as you
1:08:56
Speaker 14: would get it outside, if that makes sense. So you
1:08:58
Speaker 14: know you're spending less, but your upside is either the
1:09:01
Speaker 14: same as it would be in any developed country or better.
1:09:05
Speaker 14: And two, you're not having to chase people monthly for
1:09:07
Speaker 14: their payments. You know, they're paying you a year in advance.
1:09:09
Speaker 14: They pay you two years in advance. So for an investor,
1:09:12
Speaker 14: that's quite important. You can, you know, cash flow is
1:09:14
Speaker 14: king you know, okay, good? You know every two years,
1:09:17
Speaker 14: I know I'm covered if I need a new tenant,
1:09:19
Speaker 14: and I know that's going to be another two years upfront.
1:09:22
Speaker 14: You know, as long as I've invested in the right
1:09:24
Speaker 14: portfolio in the right areas, I'm covered. And you're looking
1:09:27
Speaker 14: at twelve to fifteen percent, you know, returns on.
1:09:30
Speaker 15: The low end of that scale.
1:09:33
Speaker 4: You know.
1:09:34
Speaker 15: Career also been you know, involved in this for a bit,
1:09:37
Speaker 15: so I don't know, maybe he wants to also hint
1:09:40
Speaker 15: on this a little bit.
1:09:42
Speaker 4: Yeah.
1:09:42
Speaker 9: The only thing you've covered most of the quirement.
1:09:44
Speaker 11: The only thing I would add is is just a
1:09:46
Speaker 11: little context, because you know, a lot of this appreciation
1:09:50
Speaker 11: and growth has happened primarily driven by buying real estate
1:09:56
Speaker 11: using equity right and Quime touched on how our credit
1:10:00
Speaker 11: markets aren't a sophisticated and you know, it's common knowledge
1:10:04
Speaker 11: that typically, you know, your cost of equity is higher
1:10:07
Speaker 11: than your cost of debt.
1:10:09
Speaker 9: And so to be able to have this kind of appreciation.
1:10:13
Speaker 11: Where you know, thirty years ago, when my dad bought
1:10:16
Speaker 11: an acre of land not to maybe fifteen minutes from
1:10:19
Speaker 11: where Somber City is, he paid ten grand for it
1:10:23
Speaker 11: for the acre of land. Right today, you want an
1:10:25
Speaker 11: acre of land in that area, you're paying upwards of
1:10:28
Speaker 11: five hundred grand. And to have that kind of appreciation
1:10:33
Speaker 11: without the benefit of leverage is incredible. And so now
1:10:37
Speaker 11: that our capital markets are getting more sophisticated, our credit
1:10:41
Speaker 11: markets are getting more sophisticated.
1:10:43
Speaker 9: You know, mortgage products exist.
1:10:46
Speaker 11: I expect you know, the next ten to twenty years
1:10:50
Speaker 11: to have even more appreciation that we've seen in the
1:10:53
Speaker 11: previous twenty years. So it's a very very exciting time
1:10:57
Speaker 11: to be in real estate in the country to best
1:11:00
Speaker 11: whether you're residential or commercial. And on the residential side,
1:11:04
Speaker 11: you know, if you're someone who doesn't want to relocate
1:11:06
Speaker 11: to Ghana, there's you know, very established property management groups,
1:11:11
Speaker 11: you know, people like the Huahwa Group.
1:11:12
Speaker 9: That can give you that white glove service.
1:11:15
Speaker 11: They'll take full ownership of managing your property for you,
1:11:19
Speaker 11: just like you know you would see at an Airbnb
1:11:21
Speaker 11: in New York City that is under under a property
1:11:24
Speaker 11: manager and handle that upkeep and handle that customer experience
1:11:28
Speaker 11: for you.
1:11:29
Speaker 9: So it's just a prime time to explore this as
1:11:32
Speaker 9: an asset class.
1:11:35
Speaker 17: I want to add something to to what both to
1:11:38
Speaker 17: you and Cormeas said during COVID when when you know
1:11:42
Speaker 17: there was a lockdown in Ghana, we had some well
1:11:45
Speaker 17: I asked some friends that literally moved out of their
1:11:49
Speaker 17: one bedroom studio apartments back to their parents' houses because
1:11:52
Speaker 17: the people that were stuck in Ghana needed to runt
1:11:55
Speaker 17: places to stay. And one of those friends now owns
1:11:58
Speaker 17: about four different properties just from that decision that he made.
1:12:01
Speaker 17: So basically he took a year up front rent, put
1:12:05
Speaker 17: a down payment on another apartment, and then the cycle
1:12:08
Speaker 17: continued for him. So just to give some contexts on
1:12:11
Speaker 17: the opportunities available with the whole rent up front for
1:12:14
Speaker 17: a year or two years, just wanted to add that
1:12:16
Speaker 17: bit to it.
1:12:18
Speaker 4: Track.
1:12:18
Speaker 5: I want to come to you because when we first
1:12:21
Speaker 5: had this conversation, I never forget sitting in the lobby.
1:12:24
Speaker 5: You were huge on some of the things that this
1:12:26
Speaker 5: development needed to have. Number one was community and the
1:12:29
Speaker 5: benefits of having a community living type buying stuff.
1:12:32
Speaker 4: Or set up.
1:12:33
Speaker 5: Most times when we think about real estate here, it's
1:12:36
Speaker 5: can I build this house? And where can I build
1:12:38
Speaker 5: the next house? And then maybe I can build a
1:12:39
Speaker 5: house in another area across town. But you're a huge
1:12:42
Speaker 5: on community, talk about the benefits of having community living.
1:12:49
Speaker 13: I think context is important when it comes to the
1:12:54
Speaker 13: idea of the systems that we're living in or on now,
1:13:00
Speaker 13: and the systems that humanity developed through, and humanity developed
1:13:07
Speaker 13: through systems of common unity, community and communalism. So your
1:13:14
Speaker 13: family would own the land where all the mangoes are,
1:13:18
Speaker 13: ourvins family would own the land where the river is.
1:13:20
Speaker 13: Qwami's family would own the land where the gold is,
1:13:23
Speaker 13: et cetera, et cetera, et cetera, and nobody could disassociate
1:13:26
Speaker 13: the family from the land. And I think a lot
1:13:30
Speaker 13: of people don't realize that the reason why we are
1:13:36
Speaker 13: in an economic an economic conundrum, let's call it that
1:13:41
Speaker 13: The reason why we arefro indigenous black melanated people are
1:13:45
Speaker 13: in an economic conundrum is because we were separated from
1:13:47
Speaker 13: the land. Because the first, I would say, the first
1:13:52
Speaker 13: technology is the family, and then it is the family
1:13:56
Speaker 13: that then uses the land.
1:13:58
Speaker 4: Whether it's for food, whether it's for resources, whether it.
1:14:05
Speaker 13: Is for minerals. The family would use the land to
1:14:08
Speaker 13: then benefit the human being, the human species from that land.
1:14:14
Speaker 13: And the only way that we were able to do
1:14:16
Speaker 13: that because we weren't just amazing scientists, mathematicians, doctors, engineers, kings,
1:14:24
Speaker 13: queens and leaders of municipalities. We were amazing at building
1:14:30
Speaker 13: relationships and sustaining relationships with respect. And now what we
1:14:34
Speaker 13: see that it's happening in the USA, for instance, where
1:14:38
Speaker 13: they brought crack into the neighborhoods and they destroyed the
1:14:43
Speaker 13: blue collar jobs and they eviscerated a population that went
1:14:47
Speaker 13: from being communities and being neighborhoods to now just be
1:14:50
Speaker 13: in the hoods. Is it's a space where people don't
1:14:56
Speaker 13: realize how much the separation of us from the land
1:14:59
Speaker 13: has also separated us from each other. And when we
1:15:02
Speaker 13: get back to the land, we're able to then reinvigorate
1:15:06
Speaker 13: this sense of community, and I think that what we
1:15:09
Speaker 13: wanted to do. The thing is is that Alvin's a
1:15:12
Speaker 13: very humble guy, right and he downplays a lot of stuff,
1:15:15
Speaker 13: but I really respect him and we've had a friendship
1:15:19
Speaker 13: for many, many years. And the amount of stress because
1:15:23
Speaker 13: I was building the school in Ghana at the time
1:15:26
Speaker 13: of the Year of Return, and Alvin was doing a
1:15:29
Speaker 13: million different projects, including Afrochello which is now for a
1:15:32
Speaker 13: future and the affordable housing Solutions project business that he started.
1:15:40
Speaker 13: There was many times where we sighed and we hung
1:15:43
Speaker 13: our heads almost in despair because there were so many
1:15:47
Speaker 13: people coming to Ghana without any sense of community, and
1:15:51
Speaker 13: we saw Ghana becoming this almost playground, almost this Las
1:15:56
Speaker 13: Vegas is Dubai, where it had never been that before
1:15:59
Speaker 13: because people who would only go there at Christmas time
1:16:03
Speaker 13: or at Easter time to spend time in communities and
1:16:07
Speaker 13: to spend time with their family. And now you have
1:16:10
Speaker 13: this whole population that are coming there and they're going
1:16:14
Speaker 13: to Ghana to have this amazing experience. And we've been
1:16:17
Speaker 13: at the parties.
1:16:18
Speaker 4: It's very beautiful.
1:16:19
Speaker 13: Everybody's very respectful, but that community is a very temporary community,
1:16:23
Speaker 13: so it's almost like we have temporary love and airbnbs
1:16:27
Speaker 13: are not necessary, and hotels they're not communities. They are
1:16:34
Speaker 13: very short term experiences, and then people go back to
1:16:39
Speaker 13: their own respective countries. And what we wanted to do
1:16:42
Speaker 13: is we wanted to actually create a community that is
1:16:47
Speaker 13: a fully integrated community between a fully integrated community between
1:16:54
Speaker 13: the local indigenous population and the daspora that are also
1:16:59
Speaker 13: return home. Because one thing that nobody wants is they
1:17:04
Speaker 13: don't want a bunch of in quotations foreigners coming in
1:17:08
Speaker 13: and creating communities that none of the locals have access to.
1:17:11
Speaker 13: But at the same time, we the DS four or
1:17:14
Speaker 13: also want to have a space or a place to
1:17:16
Speaker 13: be able to go home to. And is one of
1:17:19
Speaker 13: the one of the things my mentor said to me
1:17:21
Speaker 13: a long time ago. It said to me, shak and
1:17:23
Speaker 13: nobody cares about the parties where the only the only
1:17:26
Speaker 13: people that are allowed in other rich people. Nobody cares
1:17:29
Speaker 13: about the parties where the only people that are there
1:17:31
Speaker 13: are the hood people. Nobody cares about the parties where
1:17:34
Speaker 13: the only the only people that are allowed there are
1:17:36
Speaker 13: the corporates or the creatives. The most interesting parties and
1:17:40
Speaker 13: the most interesting experiences is when you have representatives from
1:17:43
Speaker 13: every group or every background and what we want to
1:17:47
Speaker 13: create with Sambra City based on mine and Alvin's vision
1:17:52
Speaker 13: a long time ago, where we're seeing this year of return,
1:17:55
Speaker 13: but we're like, where's the city of return? Where is
1:17:58
Speaker 13: the place where people can be able to live out
1:18:00
Speaker 13: their lives and have these experiences that are sustained experiences.
1:18:05
Speaker 13: It's not just two weeks of excitement or enjoyment, but
1:18:09
Speaker 13: it's actually we're raising kids, We're educating our children, We're
1:18:15
Speaker 13: creating business opportunities, We're creating and fostering new relationships. And
1:18:19
Speaker 13: I think that where we're now at nation statism, capitalism,
1:18:26
Speaker 13: Westphalian systems that are actually failing. We see the dollar
1:18:30
Speaker 13: is failing, We see that these systems of colonialism and
1:18:33
Speaker 13: the legacy of colonialism is failing. Because it is said
1:18:38
Speaker 13: that you cannot love Africa and love capitalism because one
1:18:41
Speaker 13: was built on the destruction of the other. As capitalism
1:18:45
Speaker 13: was built on the destruction of Africa and African peoples.
1:18:48
Speaker 13: What you had in Africa was not that I meant
1:18:51
Speaker 13: to imperialism, but you had empires, you had kingdoms, and
1:18:56
Speaker 13: you had communalism first. Now capitalism globalization just come in
1:19:00
Speaker 13: and create this individualistic idea of what it is to
1:19:04
Speaker 13: be to be human. But the epiphomy of that is
1:19:08
Speaker 13: we're living in apartments. We don't know the people who
1:19:11
Speaker 13: live above us, below us. We don't have any neighbors.
1:19:15
Speaker 13: We are ordering all of our food on food delivery apps.
1:19:20
Speaker 13: There's no let me go and borrow some sugar. There's
1:19:22
Speaker 13: no are you going to come around and cook tonight.
1:19:25
Speaker 13: That thing doesn't really exist anymore. And so what we
1:19:28
Speaker 13: want to do with Samber City is be able to
1:19:29
Speaker 13: create and help for the local indigenous population to be
1:19:34
Speaker 13: able to connect with this dspora that are returning home.
1:19:37
Speaker 13: And the first piece of that is building the luxury
1:19:42
Speaker 13: houses so we can service the bottom line, because we
1:19:44
Speaker 13: have to make it a business and we have to
1:19:46
Speaker 13: make it make business sense. But Alvin and Kwame have
1:19:50
Speaker 13: many years of experience of creating businesses that can sustain
1:19:56
Speaker 13: affordable housing because there's so many there's nearly two million
1:19:59
Speaker 13: Ghanaians that don't have a place that they want to
1:20:03
Speaker 13: live in and don't have access to places at a
1:20:06
Speaker 13: price point that they can afford, because not everybody can
1:20:09
Speaker 13: put up, you know, a year's rent two years, rent
1:20:12
Speaker 13: in advance, or just pay for their house. And so
1:20:14
Speaker 13: the second phase of what we're doing is actually creating
1:20:18
Speaker 13: affordable housing where if you're a young professional, or you're
1:20:22
Speaker 13: a single mom, or you're an elderly person, you'll be
1:20:25
Speaker 13: able to get access to an apartment and pay off
1:20:28
Speaker 13: that apartment within three to five years and that's yours forever.
1:20:31
Speaker 13: And so that for us, and creating that community where
1:20:36
Speaker 13: the diaspora is able to be welcomed home and have
1:20:40
Speaker 13: somewhere to live. But then also the indigenous population don't
1:20:43
Speaker 13: feel like it's neo colonialism with a black or a
1:20:45
Speaker 13: brown face on. It is very important because everybody is
1:20:50
Speaker 13: happy when everybody eats. So that's what community is about
1:20:54
Speaker 13: for me.
1:20:55
Speaker 4: Yeah for sure.
1:20:56
Speaker 6: So all right, yeah, because it's vitally important to understand
1:21:00
Speaker 6: because people have raised concerns about that. So thank you
1:21:02
Speaker 6: for covering that. This is going to be a fully
1:21:04
Speaker 6: encompassed community. It's not just houses that were building. Were
1:21:06
Speaker 6: actually building the community, bike lane, community center, grocery store,
1:21:11
Speaker 6: like all the amenities that Americans would be used to.
1:21:14
Speaker 6: And like I said, it's being done in phases. The
1:21:15
Speaker 6: first phase is forty forty homes but it's going to
1:21:19
Speaker 6: be uh community. It's just like this, like we got
1:21:23
Speaker 6: Americans and Ghanaians working together. That's that's how it's going
1:21:26
Speaker 6: to be in Central City. So we're going to really
1:21:30
Speaker 6: go through the full details.
1:21:32
Speaker 4: But Kwame and two, I asked you two part question.
1:21:41
Speaker 6: Let's talk about some best practices for people that go
1:21:44
Speaker 6: wrong because because everything is not like always sunny in
1:21:49
Speaker 6: the world, right, people have.
1:21:50
Speaker 4: Gone to different places.
1:21:51
Speaker 6: They've gone to Gotland and they've made mistakes as far
1:21:54
Speaker 6: as buying real estate. Right, they purchased land that somebody
1:21:57
Speaker 6: else owned. They didn't understand how it worked properly. So
1:22:02
Speaker 6: talk about the mistakes and how we kind of safeguarded
1:22:05
Speaker 6: it with Somber City. And then also too, if you
1:22:09
Speaker 6: can talk about because we're actually doing something that's unique
1:22:13
Speaker 6: to Ghana, can you say most of the time they
1:22:15
Speaker 6: don't really have a credit system, but we actually do
1:22:17
Speaker 6: have a mortgage system for people that actually are looking
1:22:20
Speaker 6: at the mortgage aspect of it and not paying cash.
1:22:23
Speaker 6: So it's like a two part if we could talk
1:22:25
Speaker 6: about like how not to go about buying real estate
1:22:30
Speaker 6: in Ghana, like doing it the wrong way, and then
1:22:32
Speaker 6: also the financing aspect.
1:22:36
Speaker 14: I guess I'll take that first, boss, and too you
1:22:38
Speaker 14: can speak on the second. I'd say the first thing
1:22:41
Speaker 14: you have to do, just like with any other business,
1:22:44
Speaker 14: is research and have a clear understanding of what you're
1:22:47
Speaker 14: getting into. You're purchasing property. So the first thing in
1:22:52
Speaker 14: Ghana we have what we call the Lands Commission. So
1:22:55
Speaker 14: the Lance Commission is basically the government agency that takes
1:22:57
Speaker 14: care of anything to do with property and land and ownership,
1:23:00
Speaker 14: land registration, all of that.
1:23:02
Speaker 15: And that's a process.
1:23:04
Speaker 14: The good thing about it is they're digitalizing the whole
1:23:06
Speaker 14: process now, so you can literally go up on the
1:23:09
Speaker 14: Lands Commission websites if you just google Ganner lands Commission.
1:23:14
Speaker 14: They are part of comprehensive websites. And to let you know,
1:23:16
Speaker 14: one all the regular sort of fees and charges to
1:23:20
Speaker 14: purchase a piece of land. For example, if you're buying
1:23:24
Speaker 14: one acre plot, the processes for registration and the fees
1:23:28
Speaker 14: and costs will be different from buying ten acre plot,
1:23:31
Speaker 14: but you need to understand why the difference. So I
1:23:35
Speaker 14: would say Lands Commission will be your first point or
1:23:38
Speaker 14: call there.
1:23:39
Speaker 15: They'll let you know, fine, there's kind of things.
1:23:41
Speaker 4: You know.
1:23:41
Speaker 14: The first thing you always need. When somebody tries to
1:23:43
Speaker 14: sell your property, the very very first thing I would say,
1:23:46
Speaker 14: who should be your gospel, is to get a site
1:23:48
Speaker 14: plan a side plan done. But a sidepline done does
1:23:52
Speaker 14: is it tells you exactly what you're buying in the
1:23:55
Speaker 14: name of who you're buying it. So a side plan
1:23:57
Speaker 14: will show you this is the size of your land,
1:23:59
Speaker 14: this is where it is, there's the municipality in which
1:24:02
Speaker 14: its courcy is situated. You know this is a part
1:24:05
Speaker 14: of garer.
1:24:06
Speaker 15: It's in.
1:24:06
Speaker 14: It gives you all the details on the specificies of
1:24:08
Speaker 14: land by law in Ghana. If you don't have a
1:24:11
Speaker 14: site plan, whatever documentation you have is fogus. So if
1:24:15
Speaker 14: someone tries to say the piece of land they don't
1:24:16
Speaker 14: have a site plan is somebody somebody can take you
1:24:20
Speaker 14: on on that. So you have to have a side plan.
1:24:22
Speaker 14: What that does is it lets basically everyone know Lance
1:24:25
Speaker 14: Commission anywhere you go that this is the property with
1:24:29
Speaker 14: which we are talking about.
1:24:30
Speaker 15: So that's the first thing.
1:24:31
Speaker 14: What that allows you to do with your side plan
1:24:33
Speaker 14: is not only register your interest but search. You do
1:24:37
Speaker 14: what we call a search once again through the Lands Commission.
1:24:39
Speaker 14: You pay them a fee. I believe it's someone on
1:24:42
Speaker 14: the top end about thousand, five hundred CDs, which should
1:24:45
Speaker 14: be the equivalent of about one hundred bucks. So you
1:24:47
Speaker 14: pay about one hundred bucks depending on the size of
1:24:49
Speaker 14: the land, but generally about one hundred buck two hundred
1:24:51
Speaker 14: of the top end. And Lance Commission directly does a
1:24:54
Speaker 14: government agency will print you off a document and to
1:24:57
Speaker 14: let you know the history of the land. And the
1:24:59
Speaker 14: history will go back all the way, you know, to
1:25:02
Speaker 14: the very very very very start of the land. That's
1:25:04
Speaker 14: literally sometimes it might even go before independence, depending on
1:25:08
Speaker 14: where the land and the history of the land might be.
1:25:10
Speaker 14: We have you know properties, you some properties me in
1:25:12
Speaker 14: Alvin where it will reference christian Burg. There's some that's
1:25:15
Speaker 14: even referenced Ghana in its original name as either the
1:25:18
Speaker 14: Gold Coast or whatever at a you know name they
1:25:21
Speaker 14: had at the time. So your search report from the
1:25:24
Speaker 14: Lands Commission and it has like I said, go to
1:25:27
Speaker 14: the Lands Commission. If you have an uncle or a
1:25:29
Speaker 14: cousin or a nephew who says, oh, I've got a
1:25:31
Speaker 14: guy in the Lance Commission who take care of it, No,
1:25:35
Speaker 14: check yourself.
1:25:36
Speaker 15: Go to the Lance Commission.
1:25:37
Speaker 14: Because it's a document where in the past and people
1:25:39
Speaker 14: either make fake ones or sometimes they don't interpret the
1:25:43
Speaker 14: document properly. And there's sometimes when the Lance commission might
1:25:47
Speaker 14: you know whoever's keen and it might make an error.
1:25:50
Speaker 15: So to prevent that, go to Lance commission your self.
1:25:52
Speaker 14: It's encanterments, it's in the center of town, it's not
1:25:55
Speaker 14: in a difficult place to find. You know, uber you
1:25:59
Speaker 14: know Yango would apply take you there, so you do
1:26:01
Speaker 14: a search. The search would confirm if whoever is selling
1:26:05
Speaker 14: you the land is the actual title owner of that
1:26:07
Speaker 14: piece of property, if they own it, if there are
1:26:10
Speaker 14: any other litigation issues, if they're any other incumberences. Maybe
1:26:14
Speaker 14: they have a mortgage on the land, because in Ghana
1:26:15
Speaker 14: you can get a mortgage on bare land as well,
1:26:18
Speaker 14: so maybe they have a mortgage on it, so you
1:26:19
Speaker 14: need to know if it bank owns it, if they've
1:26:22
Speaker 14: taken out a loan on the property, if any of
1:26:24
Speaker 14: these other issues have been done. Once you be able
1:26:26
Speaker 14: to ascertain that, oh, this property is free and clear
1:26:28
Speaker 14: of any problems, is the exact property the side plane
1:26:31
Speaker 14: matches what the seller has told me. Land commissioners confirmed,
1:26:35
Speaker 14: then the next step is to talk to a lawyer.
1:26:39
Speaker 14: A lot of people like to do it privately and say, oh, well,
1:26:41
Speaker 14: you know the lawyer is going to take fees and
1:26:43
Speaker 14: you know, talk to a lawyer. That will be the
1:26:45
Speaker 14: first thing to do because in Ghana, litigation of a
1:26:48
Speaker 14: land can be problematic, so you need to talk to
1:26:50
Speaker 14: a lawyer. What the lawyer would do one is to
1:26:52
Speaker 14: verify that your search is correct. Verify too that the
1:26:56
Speaker 14: document the person is giving you is also correct. Now,
1:26:59
Speaker 14: in Ghana we work on what we call a leasehold system.
1:27:03
Speaker 14: You know, they are very few lands here in Ghana
1:27:05
Speaker 14: that are freehold. You know, ninety nine percent of all
1:27:08
Speaker 14: lands now our leasehold. And the reason for the leasehold
1:27:10
Speaker 14: is most of the lands originally belong to travel you know, families.
1:27:16
Speaker 14: You know, it's not the government that owns the land.
1:27:18
Speaker 14: You see the families or we've cause two lands. So
1:27:21
Speaker 14: basically a clan you know, achieve a group of people.
1:27:24
Speaker 14: So there's a process there. So you need to get
1:27:28
Speaker 14: a lawyer who then looks at the documents.
1:27:30
Speaker 15: They would either have presented you their original title, so
1:27:33
Speaker 15: they have a title certificate or they might have what
1:27:36
Speaker 15: we call an indenture. Now both are legally binding. We
1:27:40
Speaker 15: prefer title because title is a declaration to the entire universe,
1:27:43
Speaker 15: the tire globe that this person in Ghana owns this
1:27:46
Speaker 15: property and a title you can take it anywhere in
1:27:49
Speaker 15: the world and is still legally binding. So if they
1:27:52
Speaker 15: have a title great, If not in the barest minimum,
1:27:56
Speaker 15: they would have an indenture. What then venture is is
1:27:58
Speaker 15: like a legal document. Say that person A sold X
1:28:02
Speaker 15: property to person B, and he had the details of
1:28:04
Speaker 15: the property and he had the terms of that property
1:28:08
Speaker 15: and that transaction. So to let you know, you know,
1:28:10
Speaker 15: maybe what you pay for it, how long the lease
1:28:12
Speaker 15: will be.
1:28:14
Speaker 14: Like I said, Ghana we do lease hold, so most
1:28:16
Speaker 14: times if it's a good lease, you're getting minimum thirty
1:28:19
Speaker 14: thirty years, fifty years and an automatic renewal. So most
1:28:23
Speaker 14: properties you buy, you'll be getting a fifty year lease
1:28:26
Speaker 14: or forty year least forty five depenny word it is
1:28:29
Speaker 14: at sumber City, we give you a full fifty plus
1:28:31
Speaker 14: another automatic renewal of a further twenty five years, so
1:28:35
Speaker 14: in total you have over seventy five years on that lease.
1:28:38
Speaker 14: After that there is another renewal that goes on. But
1:28:42
Speaker 14: it's all you know, sysematic. It's as a matter of
1:28:45
Speaker 14: due process and new course but for all intensive purposes,
1:28:49
Speaker 14: that property is yours. You own it outright, no, but
1:28:53
Speaker 14: no government can come and take it away from you.
1:28:55
Speaker 14: No other owner can come and take that property away
1:28:57
Speaker 14: from you. You've got your title or your indent child,
1:29:00
Speaker 14: register your interest with the lands Commission or with the
1:29:03
Speaker 14: courts as it maybe that property is yours. The biggest
1:29:07
Speaker 14: mistake people do is one. You know, they go to
1:29:10
Speaker 14: an area where they look, they see the land. Somebody
1:29:13
Speaker 14: takes them there. They're going on a little road trip,
1:29:14
Speaker 14: little skeshena into the bush, you know. They show them, oh, yeah,
1:29:17
Speaker 14: this is your land. You know here it is. You
1:29:19
Speaker 14: can see from there that store to that tree. That
1:29:21
Speaker 14: is your property. No side plan, nothing. Then they give
1:29:25
Speaker 14: them some funny documents. They don't do a search. They
1:29:28
Speaker 14: purchase it. Like I said, the problem in Gunner is
1:29:30
Speaker 14: that land might belong to a family. Now, as you know,
1:29:33
Speaker 14: in any family you might have a head of the family.
1:29:36
Speaker 14: Let's say today you brought the property. This week the
1:29:38
Speaker 14: head of the family passes on, you don't have the
1:29:40
Speaker 14: right documentation.
1:29:42
Speaker 15: Tomorrow they are pointed a new head of family.
1:29:44
Speaker 14: The new head of family comes and says, yep, I
1:29:46
Speaker 14: don't like the deal, what you sign is not good,
1:29:48
Speaker 14: so then you have to go back and then you
1:29:50
Speaker 14: have legal problems.
1:29:51
Speaker 15: You have to go to court to say person they
1:29:52
Speaker 15: sold it to me, Da da da.
1:29:54
Speaker 14: It becomes a mess, and that tends to be what
1:29:56
Speaker 14: a lot of people go through for Sampra City. We
1:30:00
Speaker 14: we've been in this game for a long time, so
1:30:01
Speaker 14: you know, we know all the pitfalls, we know what
1:30:03
Speaker 14: to avoid.
1:30:03
Speaker 15: We've learned our painful lessons.
1:30:05
Speaker 14: So what we've done with Emmer City is one we
1:30:07
Speaker 14: own the land out right, so it's titled, so it's
1:30:10
Speaker 14: not an indenture. It's a full title on the full property,
1:30:14
Speaker 14: so declaration to the entire universe that our company owns
1:30:17
Speaker 14: this piece of land. We have a very extensive long
1:30:21
Speaker 14: lease on it, so you know that property is our
1:30:23
Speaker 14: name for the next two hundred plus years or more.
1:30:26
Speaker 14: Not a problem. So that's that's the first thing to
1:30:30
Speaker 14: get there. We went through the exact process I described.
1:30:32
Speaker 14: We've got an indenture, you know, we got to lease.
1:30:35
Speaker 14: We went to Lands Commission and you go through the process.
1:30:38
Speaker 14: If you work with the Lands Commission and you know
1:30:41
Speaker 14: you follow the guidelines they give you nine times out
1:30:44
Speaker 14: of ten you shouldn't have a problem.
1:30:45
Speaker 15: You should not.
1:30:46
Speaker 14: It's when people try to do private you know, they've
1:30:49
Speaker 14: got somebody who says, oh, okay, look it's supposed to
1:30:51
Speaker 14: cost ten grand.
1:30:52
Speaker 15: But you know I can do it for five.
1:30:54
Speaker 14: As we say, you know, if it's too good to
1:30:56
Speaker 14: be true, most likely it is. And when it comes
1:30:59
Speaker 14: to land, most likely I would say nine time out
1:31:02
Speaker 14: of ten. If it's too good to be trure the
1:31:03
Speaker 14: price is unreasonable. There's something funny there. If you're come
1:31:08
Speaker 14: to gowner, like I said, you know, enter it with
1:31:10
Speaker 14: your eyes. Why open consider prices like you would any
1:31:13
Speaker 14: other developed city. So if it's piece of property in airport,
1:31:16
Speaker 14: for example, which goes for two million dollars an acre,
1:31:19
Speaker 14: and somebody goes, oh, I've got it for half a million,
1:31:21
Speaker 14: you know, or because the person you know have some
1:31:23
Speaker 14: financial problems. There's always a story about somebody financial problems
1:31:27
Speaker 14: and you know, so half a million you can get it.
1:31:29
Speaker 14: We'll do the documents walk away, because you would definite
1:31:34
Speaker 14: one hundred percent have problems down the line. So first
1:31:37
Speaker 14: things first is go to the Lance Commission is the
1:31:39
Speaker 14: first thing you do. Second, get a lawyer, have them
1:31:42
Speaker 14: check your documentation, do an independent search lance commission. Search
1:31:46
Speaker 14: costs you about fifteen hundred. The lawyer should be about
1:31:50
Speaker 14: the same about two grand depending what it is. That's CDs,
1:31:53
Speaker 14: So you know it's not the most expensive thing to do,
1:31:56
Speaker 14: and it saves you.
1:31:58
Speaker 15: So much headache on the back end.
1:32:01
Speaker 14: Now, not to say that even going through all those
1:32:03
Speaker 14: processes sometimes you do not have issues. But should you
1:32:06
Speaker 14: have issues down the line, you have the right documentation,
1:32:10
Speaker 14: you have the law on your side, and the ports
1:32:12
Speaker 14: will back you and then garner the courts systems do
1:32:15
Speaker 14: work and sometimes can be long, and it can be
1:32:17
Speaker 14: proacted and take some time, especially if your documents are
1:32:20
Speaker 14: not great. But if you have everything you need, you
1:32:23
Speaker 14: should be able to move quite rapidly through that process.
1:32:27
Speaker 14: So like localizing into our projects, we have our full title,
1:32:32
Speaker 14: we've been on the land, we are currently already building.
1:32:36
Speaker 14: So we've managed to get past all those humps by
1:32:40
Speaker 14: one being knowledgeable of what we're doing and two being
1:32:42
Speaker 14: in the system and understanding.
1:32:44
Speaker 15: Then we pass on that to our bias.
1:32:46
Speaker 14: So those who are involved the projects, are investing in
1:32:48
Speaker 14: Zamber City, who are purchasing Zamber City rest are show
1:32:51
Speaker 14: you get a copy of the title rest the show.
1:32:53
Speaker 14: You get a copy of our building permits, you know,
1:32:55
Speaker 14: letting you know that the local council has agreed for
1:32:57
Speaker 14: us to build what we see we are building and
1:32:59
Speaker 14: we are within the law. You'd also then be passed
1:33:03
Speaker 14: on to two people, one being our lawyers. So our
1:33:06
Speaker 14: lawyers will get in touch with you. They'll give you
1:33:08
Speaker 14: the contracts for you to review. They will insist that
1:33:12
Speaker 14: you have them, you know, talk to your lawyer. So
1:33:15
Speaker 14: we'd say get an independent counsel. We're quite happy to
1:33:18
Speaker 14: help you with that if you want to get one locally,
1:33:20
Speaker 14: but we'd only move forward once you've had legal representation,
1:33:24
Speaker 14: have a look at it and you are comfortable. And
1:33:26
Speaker 14: I feel that should be a general rule. Always have
1:33:29
Speaker 14: your lawyers look at it. If the lawyer's trying to
1:33:32
Speaker 14: charge you too much, switch lawyers, but get a lawyer
1:33:35
Speaker 14: to have a look at it, and I think that
1:33:37
Speaker 14: will save you a lot of headache, you know, on
1:33:38
Speaker 14: the back end. So I would say most people who
1:33:41
Speaker 14: come to Ghana and have problems with their property when
1:33:44
Speaker 14: they purchase it, it's one they take deals that are
1:33:47
Speaker 14: too good to be true. If you're buying a property
1:33:49
Speaker 14: are supposed to worth one hundred grand and somebody is
1:33:51
Speaker 14: giving to you for twenty it's too good to be true.
1:33:54
Speaker 14: You know, Ganner property is quite advanced and it's not cheap.
1:33:58
Speaker 14: So if somebody comes and tells you they're sending something
1:34:00
Speaker 14: that's too cheap, unless it's really outside of town and
1:34:04
Speaker 14: in the you know, riding the sticks.
1:34:06
Speaker 15: But by then you know, obviously you know you know
1:34:08
Speaker 15: what you're buying.
1:34:09
Speaker 14: You know you're getting something that you might have to
1:34:11
Speaker 14: wait years and years for developments to catch up. We
1:34:13
Speaker 14: see a lot of Americans who come to Gharaner and
1:34:16
Speaker 14: they go buy properties in areas like you know, the
1:34:19
Speaker 14: back of Abris. It breathes a great areas up in
1:34:21
Speaker 14: the mountains, great weather. It's about twenty five minutes drive
1:34:24
Speaker 14: from the center of the city thirty minutes. But they
1:34:26
Speaker 14: don't buy in the twenty five minutes to thirty minute
1:34:29
Speaker 14: part of Abris. You know, they go on the other
1:34:31
Speaker 14: side of the mountain. The problem there is the land
1:34:34
Speaker 14: might be cheap, but two things. One, there's a lot
1:34:37
Speaker 14: a lot of issues there, but more so resell value.
1:34:41
Speaker 14: So to you you might say, oh, you know, I'm
1:34:43
Speaker 14: going to come to Garner. Somebody says I should buy
1:34:45
Speaker 14: a land. It's an debris. It's lovely. When we went
1:34:47
Speaker 14: out there, it feels like you know, you know, the
1:34:49
Speaker 14: weather bree is very cold, so it's all like acraw
1:34:51
Speaker 14: which is warm.
1:34:53
Speaker 15: So it felt great. But that's because you were here
1:34:55
Speaker 15: for three four five days. If you're living here and
1:34:59
Speaker 15: you have to live in a where you have to
1:35:01
Speaker 15: drive in traffic for an hour and a half just
1:35:03
Speaker 15: to come into the center of town, it changes that
1:35:06
Speaker 15: whole perspective. So you need to really educate yourself and
1:35:09
Speaker 15: understand that. You know, our crist is it's a sprawling city,
1:35:14
Speaker 15: so where you buy matters. So location, location, location, you know,
1:35:17
Speaker 15: we know that in real estate, we feel Sambra City
1:35:20
Speaker 15: is literally, you know, in the best location for the
1:35:23
Speaker 15: development of his type anywhere in the city. So one
1:35:27
Speaker 15: of the mistakes people make is location.
1:35:29
Speaker 4: You know.
1:35:29
Speaker 14: We know people that going by in like a dah
1:35:31
Speaker 14: or Pram Pram and these are great you know, beach areas, yes,
1:35:35
Speaker 14: but an hour and a half drive, you know to
1:35:37
Speaker 14: come into the city.
1:35:39
Speaker 15: Sometimes the roads are not the best. So these are
1:35:41
Speaker 15: things you need to look at.
1:35:43
Speaker 14: You know, don't come in as a foreigner who only
1:35:46
Speaker 14: looks at it as you know, a visiting trip, you
1:35:49
Speaker 14: invest based on what you sol over a week. No,
1:35:53
Speaker 14: educate yourself properly and understand that there are nuances to
1:35:57
Speaker 14: this thing. But if you are investing in Ghana, you're
1:35:59
Speaker 14: looking at it either for somebody else to live there
1:36:01
Speaker 14: or for you to live there. So your factors of
1:36:04
Speaker 14: consideration needs to be you know, quite heavy. Location is important,
1:36:09
Speaker 14: you know, legality is important, and making sure that you
1:36:12
Speaker 14: double check. So Lance Commission, I would I would say
1:36:15
Speaker 14: this always, the Lance Commission is the best place to go.
1:36:18
Speaker 14: And they've done a lot of work in the last
1:36:19
Speaker 14: year to to get rid of most of the problems
1:36:22
Speaker 14: that we used to have. They've they've gone, you know,
1:36:24
Speaker 14: to a very computer based system now, so things are
1:36:27
Speaker 14: quite rapid, so you should have less problems there. So
1:36:30
Speaker 14: a lawyer and the Lance Commission, if you're purchasing property
1:36:33
Speaker 14: in Gunas, it would be your way to go.
1:36:36
Speaker 4: Yeah.
1:36:36
Speaker 9: And from the financing side, it's it's pretty straightforward. I think.
1:36:41
Speaker 11: You know, we're working with a number of Pan African
1:36:45
Speaker 11: banks that have a strong presence in Ghana and have
1:36:48
Speaker 11: you know, very strong balance sheets, and so I think
1:36:51
Speaker 11: as people start to continue to express interests in Somber
1:36:54
Speaker 11: City and are interested in a mortgage, you know we
1:36:56
Speaker 11: can we can hand you off to either of those
1:36:58
Speaker 11: banking partners. What is interesting is a lot of them
1:37:02
Speaker 11: already have existing mortgage products that are targeted at people
1:37:06
Speaker 11: in the diaspora, and so they offer you financing, They
1:37:10
Speaker 11: bring you into their banking infrastructure. Do you want to
1:37:12
Speaker 11: checking savings account any type of you know, credit facility,
1:37:18
Speaker 11: and really try to mirror some of the experiences you
1:37:22
Speaker 11: would get from your banks in the West. I think
1:37:25
Speaker 11: some of the nuances are differences to keep in mind.
1:37:28
Speaker 11: You know, typically here in the US, first time home buyer,
1:37:32
Speaker 11: you can probably get a property no money down up
1:37:34
Speaker 11: to three to five percent. Mortgages are still little Nason
1:37:39
Speaker 11: and Ghana, and so you're looking at putting twenty to
1:37:42
Speaker 11: thirty percent down before being able to qualify for a mortgage.
1:37:47
Speaker 11: Typically the tenures are at most you'll see it's fifteen years.
1:37:52
Speaker 11: I know in the States you can get up to
1:37:53
Speaker 11: thirty years. Ghana is not that sophisticated, or at least
1:37:56
Speaker 11: not yet, and so fifteen years kind of the maximum tenure.
1:38:01
Speaker 14: By the way, they're not offering twenty five. Oh, they're
1:38:04
Speaker 14: offering twenty five okay, yeah, Cosambra City, all the banks
1:38:07
Speaker 14: are offering twenty five. Okay, well that's so we're good.
1:38:12
Speaker 14: Then we're getting discounted interest rates as well.
1:38:15
Speaker 9: Yep, yep, yep, yep.
1:38:16
Speaker 11: So yeah, it's evolving in real time, right, and I
1:38:20
Speaker 11: think typically like for an underwriting period at most, it's
1:38:25
Speaker 11: going to take you one month to get fully approved.
1:38:27
Speaker 9: For a facility. So things are heading in the right direction.
1:38:30
Speaker 11: And you know, we can connect anyone with any of
1:38:32
Speaker 11: our banking partners to get them up to speed.
1:38:36
Speaker 5: So all right, all right, a lot of information. A
1:38:41
Speaker 5: lot of us are auditory learns, but some of us
1:38:44
Speaker 5: are visual learners. And I know some people have been
1:38:46
Speaker 5: going to the page on Instagram. If you haven't, go
1:38:49
Speaker 5: to Samba City. But let's just show them what we've
1:38:52
Speaker 5: been working on.
1:38:53
Speaker 4: You'll go with that.
1:38:55
Speaker 9: Yeah, absolutely, let's do it.
1:39:04
Speaker 14: Introducing the Cascades across newest premium community. The Cascades is
1:39:08
Speaker 14: Phase one of the Sambra City development. Located at Co
1:39:12
Speaker 14: Junction Botimen or Trasaco Backgate, This thirty acre gator community
1:39:17
Speaker 14: is the first phase of a new city development, spanning
1:39:19
Speaker 14: five hundred acres and providing all the best amenities in
1:39:23
Speaker 14: urban living with no compromise on quality and amenities. Located
1:39:27
Speaker 14: within a stone's throw of the newly constructed All Africa
1:39:30
Speaker 14: Game Stadium and within a ten minute drive from the
1:39:32
Speaker 14: cram Wll, the Cascades is ideal for first home buias,
1:39:35
Speaker 14: property investors both local and abroad, and professionals looking for
1:39:39
Speaker 14: the perfect mix of great amenities, first grade finishing and
1:39:43
Speaker 14: premium services all at the right price. Featuring spacious luxury
1:39:47
Speaker 14: two bedroom apartments, three bedroom semi detached villas, and four
1:39:50
Speaker 14: bedroom detached villas in a modern gated estate with amenities
1:39:54
Speaker 14: such as a community center with a pool and sports facilities,
1:39:57
Speaker 14: bicycle lanes, a grocery, marts and s shared wordspaces. The
1:40:01
Speaker 14: Cascades and shures a safe and sound environment for your
1:40:04
Speaker 14: growing family. As phase one of the Sambracity development, the
1:40:08
Speaker 14: Cascades gives early bias the opportunity to purchase a home
1:40:11
Speaker 14: at a highly competitive price and benefits from the increasing
1:40:14
Speaker 14: values of this premium development within the city. Book your
1:40:18
Speaker 14: unit today or get in touch for more information. The
1:40:20
Speaker 14: Cascades the jewel of Sambracity across new address.
1:40:33
Speaker 4: Okay, so there it is, Ladies, and gentlemen.
1:40:36
Speaker 6: So in a nutshell, you know me, I like to
1:40:39
Speaker 6: talk and plain English to make it is easy for
1:40:42
Speaker 6: a think grader. That's what I learned that early when
1:40:45
Speaker 6: I was in the insurance business. They said, if you
1:40:47
Speaker 6: can't explain something to a twelve year old, you don't
1:40:49
Speaker 6: know it well enough. So here's the deal, ladies and gentlemen.
1:40:54
Speaker 6: We're building a community in Ghana, four hundred acres.
1:40:58
Speaker 4: The first phase of it.
1:41:01
Speaker 6: Is thirty acres forty homes, two bedroom, four bedroom, five bedroom.
1:41:08
Speaker 6: Fighting extremely competitive, especially when you compare it to American markets,
1:41:15
Speaker 6: especially if you're in a market like New York, Miami,
1:41:17
Speaker 6: or Los Angeles. For a two bedroom home one hundred
1:41:20
Speaker 6: and eighty thousand dollars, four bedroom two hundred and seventy
1:41:24
Speaker 6: five thousand, five bedroom, four hundred and fifty thousand dollars,
1:41:28
Speaker 6: five bedrooms for four hundred and fifty thousand, you're not
1:41:30
Speaker 6: going to get that.
1:41:30
Speaker 4: In New York. I'll tell you that much.
1:41:33
Speaker 6: Literally, in New York City, literally a one bedroom apartment,
1:41:39
Speaker 6: a studio apartment sold for one point one.
1:41:42
Speaker 4: Million dollars studio. So to put things in perspective, but
1:41:50
Speaker 4: here's the deal.
1:41:50
Speaker 6: This is what we call off plan right like, so
1:41:53
Speaker 6: this is very common in other parts of the world,
1:41:56
Speaker 6: even in America, but people might not be fully where
1:41:58
Speaker 6: you actually have an opportunity to buy as the construction
1:42:02
Speaker 6: is happening in real time right and that's because of
1:42:06
Speaker 6: the demand.
1:42:06
Speaker 4: Is so high.
1:42:07
Speaker 6: So the first part of it is only forty units.
1:42:10
Speaker 6: There's forty units that's on sale right now, right and
1:42:13
Speaker 6: that construction will probably be done within the next seven
1:42:17
Speaker 6: to nine months. So we're moving very quickly on this.
1:42:20
Speaker 6: So you can actually buy right now today off plan,
1:42:23
Speaker 6: so you're actually buying at the development phase and you
1:42:29
Speaker 6: actually get to see the project being done in real time.
1:42:32
Speaker 6: So I think we kind of talked about everything that
1:42:36
Speaker 6: needs to be talked about. But if you need any
1:42:38
Speaker 6: more information, you can go to the website and it's
1:42:40
Speaker 6: Sambra City s a nbr acity Ghana dot com. Now
1:42:46
Speaker 6: here's the deal on that website. Because people ask like, well,
1:42:49
Speaker 6: I how can I actually apply? So there's links on
1:42:52
Speaker 6: the website and there's a few links. There's links that
1:42:55
Speaker 6: if you just want information just to stay in touch,
1:42:57
Speaker 6: that's fine, But if you actually are really thinking about
1:43:01
Speaker 6: buying a home, then there's a link for that, and
1:43:03
Speaker 6: there's two links. There's a link if you actually want financing,
1:43:07
Speaker 6: like if you want to go to mortgage route, there's
1:43:08
Speaker 6: a link and you know we'll set up a time
1:43:11
Speaker 6: to actually contact you. Then there's a link if you
1:43:13
Speaker 6: actually are looking to buy the property in cash, and
1:43:16
Speaker 6: then direct will contact you. Go go all information, give
1:43:20
Speaker 6: you the legal documents and you know, we'll go through
1:43:23
Speaker 6: the whole entire process. And there's phases too, right as
1:43:26
Speaker 6: far as the payment, so you know, you can break
1:43:29
Speaker 6: break the payments up into probably a third, right like,
1:43:32
Speaker 6: so a third now and then a third once half
1:43:35
Speaker 6: of the construction is done. The other third ones the
1:43:37
Speaker 6: full construction is done. But like I said, it's happening
1:43:39
Speaker 6: in real time, so it's going to be a short period.
1:43:41
Speaker 6: But you know, just from a comfortability standpoint, I know
1:43:45
Speaker 6: that a lot of people.
1:43:46
Speaker 4: Like just might feel more comfortable with that situation.
1:43:48
Speaker 6: But I'm going to be honest with you, the people
1:43:50
Speaker 6: that are paying cash are prioritized over the mortgage people,
1:43:54
Speaker 6: right because cash is king.
1:43:56
Speaker 4: You know that.
1:43:57
Speaker 6: I mean Wu Tang told you that I two cash
1:44:00
Speaker 6: mos everything around me. So but you can still apply
1:44:03
Speaker 6: for a mortgage not to say that you won't. But
1:44:05
Speaker 6: I'm just saying it's a limited. This is a limited.
1:44:07
Speaker 6: These will sell out. Let's just be honest, right, So
1:44:10
Speaker 6: what I'm just being honest with you, in full transparency.
1:44:14
Speaker 6: There's only forty units, extremely competitive price in one of
1:44:19
Speaker 6: the best areas in Ghana, and Ghana is the entry
1:44:23
Speaker 6: point to Africa, and Africa is the hottest market in
1:44:28
Speaker 6: the world. When we went to UAE two years ago,
1:44:32
Speaker 6: we met with ministers from the cabinet of Abu Dhabi.
1:44:39
Speaker 6: These people are obviously wealthy and they're extremely educated, right,
1:44:43
Speaker 6: and they told us all of the attention right now
1:44:47
Speaker 6: is in Asia and Africa. We wasn't even talking about Africa.
1:44:51
Speaker 6: They told us this is an Abu Dhabi. You already
1:44:54
Speaker 6: know Dubai Abu Dhabi. The type of money that they have,
1:44:58
Speaker 6: the type of resources, type relationship that they have. They said,
1:45:01
Speaker 6: all of the energy and all of the focus right
1:45:04
Speaker 6: now for them and for the world is in Asia.
1:45:08
Speaker 4: In Africa.
1:45:09
Speaker 6: Africa has the youngest population, has all of the natural
1:45:13
Speaker 6: resources there. I mean, it's we can just keep going
1:45:18
Speaker 6: on and on. And this is why the Chinese is there, right,
1:45:21
Speaker 6: This is why all of the other countries in the
1:45:24
Speaker 6: world is there. So if you're thinking like, Okay, well
1:45:27
Speaker 6: I'm good on Africa, I don't need to go, well
1:45:32
Speaker 6: that's your prerogative. But it's a mistake because you think
1:45:36
Speaker 6: the Chinese are there just by accident. So either you're
1:45:40
Speaker 6: going to have people there that, let's just be honest,
1:45:44
Speaker 6: they probably don't have the best interest, or you're going
1:45:48
Speaker 6: to have people that actually already have a connection to
1:45:50
Speaker 6: the place already and throughout history, we have never really
1:45:54
Speaker 6: exploited anything except ourselves, right, We're not We don't even
1:45:58
Speaker 6: have it in our DNA to be colonized as an
1:46:01
Speaker 6: exploit things. That's just not we don't we're not even
1:46:03
Speaker 6: wired in that in that in that capacity. So whenever
1:46:06
Speaker 6: we go to some places, we actually make it better.
1:46:08
Speaker 4: We help in this situation.
1:46:09
Speaker 6: So you can help make the situation better and help
1:46:12
Speaker 6: yourself too, because let's be honest, this is good business,
1:46:16
Speaker 6: not a charity. This is not something that you know.
1:46:19
Speaker 6: This is actually a good business opportunity. From the appreciation
1:46:22
Speaker 6: of the real estate value standpoint, from the exit plan standpoint,
1:46:26
Speaker 6: if you want to just be a full time citizen,
1:46:28
Speaker 6: or from the standpoint of it's only a relatively short
1:46:32
Speaker 6: flight from the east coast of New York in Atlanta,
1:46:36
Speaker 6: you can go there a couple times a year direct
1:46:38
Speaker 6: flight too.
1:46:39
Speaker 4: And let's let's not talk.
1:46:40
Speaker 6: And don't forget about the airbnb short term rental opportunities.
1:46:43
Speaker 4: So this is the opportunity.
1:46:45
Speaker 6: I mean, you get a property for a relatively low
1:46:48
Speaker 6: price point, right in an emerging market where it's a
1:46:53
Speaker 6: housing shortage. That means that there's not enough homes and
1:46:56
Speaker 6: there's a hotel shortage. By the way, right, it's only
1:46:59
Speaker 6: like two hotels in a crowd. So from an intelligence standpoint,
1:47:04
Speaker 6: what does that mean if a lot of people want
1:47:06
Speaker 6: to go there, there's a housing shortage and there's a
1:47:08
Speaker 6: hotel shortage, Well, that would mean that whoever has housing
1:47:13
Speaker 6: would be in high demand and you can really charge
1:47:16
Speaker 6: whatever you want. Right, So in one month you're going
1:47:19
Speaker 6: to make a tremendous amount of money just from the
1:47:21
Speaker 6: amount of people that are coming in December alone. Then
1:47:24
Speaker 6: you got Easter, and then as more and more people
1:47:27
Speaker 6: start to come, well, the demand starts to go up
1:47:30
Speaker 6: even more. So Yeah, from a business standpoint, this is
1:47:36
Speaker 6: good business, right, And then from the cultural standpoint and
1:47:38
Speaker 6: all of that stuff. Of course it's a no brainer.
1:47:40
Speaker 6: So yeah, I mean, I'm there right in front of you.
1:47:45
Speaker 5: I'm glad you brought up to your a thing because
1:47:46
Speaker 5: as you were talking, they're not the only people that
1:47:49
Speaker 5: told us, like literally, the quote was, Africa is the
1:47:51
Speaker 5: final frontier. If you think about the globe in terms
1:47:55
Speaker 5: of land, in terms of resource, in terms of populations,
1:48:00
Speaker 5: of technology, in terms of opportunity, this is it, right,
1:48:04
Speaker 5: and so everything is here.
1:48:06
Speaker 4: For us our crowd.
1:48:07
Speaker 5: Obviously, when we talked about the Year Returning, I'm glad
1:48:09
Speaker 5: we highlighted it. And from a historical standpoint, I appreciate
1:48:13
Speaker 5: that album. It has become the gateway right. People have
1:48:17
Speaker 5: felt like this is the place that we need to
1:48:19
Speaker 5: go when we want to go back to Africa, and
1:48:21
Speaker 5: for good reason. And Shaka, I'm glad we were talking
1:48:24
Speaker 5: about the Airbnb thing, but it just made me think
1:48:26
Speaker 5: when we were in a crowd, we didn't stay at
1:48:28
Speaker 5: the European You didn't stay at the European hotels, right,
1:48:32
Speaker 5: you were in an airbnbing when you would talk about
1:48:34
Speaker 5: the pricing during some of these times that you're going,
1:48:37
Speaker 5: Because I'm like, wow, is it that telling me your
1:48:40
Speaker 5: experience with Airbnb out there.
1:48:43
Speaker 13: It's crazy because it's like the rest of the time.
1:48:48
Speaker 13: The rest of the year, the prices are relatively low,
1:48:50
Speaker 13: but around Christmas, around Easter times, the prices jumped like triple.
1:48:56
Speaker 13: And it's not that the prices jumped like triple because
1:48:58
Speaker 13: people are being exploited, is because there's triple the demand.
1:49:02
Speaker 13: There's an over subscription. And so I'll be in an
1:49:05
Speaker 13: Airbnb that's fifty sixty dollars, nice two bedroom apartment the
1:49:09
Speaker 13: rest of the year. Come December, January, April May, that
1:49:15
Speaker 13: place is one hundred and fifty dollars a night and
1:49:17
Speaker 13: it's booked out. So if I don't book it early enough,
1:49:20
Speaker 13: I don't have nowhere to stay. Like I've been staying
1:49:23
Speaker 13: for some time now. My friend has put me up
1:49:25
Speaker 13: at his hotels. He's another African as well, and he
1:49:29
Speaker 13: has hotels there and he'll put me up at his
1:49:31
Speaker 13: at his hotels. But if I ain't got one of
1:49:33
Speaker 13: those places to stay, I ain't got nowhere to stay,
1:49:35
Speaker 13: because as he said, there's a couple of hotels in Acra,
1:49:39
Speaker 13: like big hotels that can accommodate a lot of people,
1:49:42
Speaker 13: and they're full, they're completely full. Go down to the
1:49:44
Speaker 13: lobbies and you'll see that place is completely full. And
1:49:49
Speaker 13: another thing that I really wanted to add is I'll
1:49:52
Speaker 13: be in Acra in a few days, and it's something
1:49:57
Speaker 13: that I really do.
1:49:58
Speaker 4: I rarely let.
1:49:59
Speaker 13: People come and see me or speak to me in
1:50:02
Speaker 13: any one place. I don't really do meeting Greece. I'm
1:50:04
Speaker 13: not really that type of guy. But I, with Kwami
1:50:10
Speaker 13: and with Alvin if he's back, would like to take
1:50:13
Speaker 13: a group of people who aren't because there's also like
1:50:16
Speaker 13: three four or five six hundred extra dspor right now
1:50:20
Speaker 13: are in our crow getting the citizenships. I would like
1:50:23
Speaker 13: to take a bunch of interested potential investors to the
1:50:27
Speaker 13: site so that they can see the site and we
1:50:30
Speaker 13: can have a conversation and get them signed up right
1:50:32
Speaker 13: there and then, because as you explained earlier, there's forty
1:50:35
Speaker 13: properties right now and it's not that they will go
1:50:38
Speaker 13: they're going fast, and so we're trying to give people
1:50:41
Speaker 13: who are the right people an opportunity to be able
1:50:44
Speaker 13: to invest so that they can have a place to
1:50:47
Speaker 13: call home and we can get this thing moving, because
1:50:50
Speaker 13: this is just the very beginning of a beautiful story
1:50:54
Speaker 13: where people are looking at this this romanticism of going
1:50:59
Speaker 13: home to Africa as this you know this everybody is
1:51:02
Speaker 13: a cliche now, but everybody says that, hey, we're building Wakanda,
1:51:05
Speaker 13: But then what does that really actually look like a
1:51:08
Speaker 13: lot of the time it's not fully thought through. Their
1:51:12
Speaker 13: vision is not inclusive, and it's not really that big
1:51:17
Speaker 13: or that expansive. Where we're looking is like this is
1:51:21
Speaker 13: this is a drop in the ocean. This is the
1:51:22
Speaker 13: very start. And I would look at this, especially as
1:51:27
Speaker 13: you said, real estate is one of the most important
1:51:29
Speaker 13: markets in the world. I would look at this as
1:51:34
Speaker 13: how people who wish they'd got in on the tech
1:51:37
Speaker 13: companies when the tech companies were first started, or how
1:51:40
Speaker 13: people wish that they got in on the cryptocurrency when
1:51:43
Speaker 13: the cryptocurrency first started, and they look on now at
1:51:47
Speaker 13: twenty years ago with hindsight and be like, damn, I
1:51:49
Speaker 13: wish I put up my little ten thousand dollars, my
1:51:52
Speaker 13: little twenty thousand dollars, because.
1:51:54
Speaker 4: I'd be rich right now.
1:51:55
Speaker 13: Because twenty years from now, this conversation is going to
1:51:58
Speaker 13: be well, if you weren't there, you missed a massive opportunity,
1:52:02
Speaker 13: and there's going to be a lot of people.
1:52:03
Speaker 4: Being like Damn.
1:52:04
Speaker 13: I wish I put money into that because we're not
1:52:06
Speaker 13: the type of people to talk.
1:52:08
Speaker 4: We're more all of us.
1:52:09
Speaker 13: Here do more than we speak anyway, and especially where
1:52:15
Speaker 13: we are now with these these these markets that are
1:52:19
Speaker 13: emerging and the fact that you can watch this online
1:52:22
Speaker 13: and have access to a market. It's not some secret
1:52:27
Speaker 13: thing and it's not a who you know type of thing.
1:52:29
Speaker 13: We putting out there for everybody to be involved.
1:52:31
Speaker 4: I want.
1:52:32
Speaker 13: I think I'm going to maybe start what'sapp group or
1:52:34
Speaker 13: a telegram group.
1:52:36
Speaker 16: I'll put it on my social media and I'll give
1:52:38
Speaker 16: everybody an opportunity to come and do a site with it,
1:52:40
Speaker 16: because I think it's important for the DS four I
1:52:43
Speaker 16: actually see what we're doing in real time so that
1:52:45
Speaker 16: they can see that it's not taught this.
1:52:48
Speaker 4: We actually have.
1:52:48
Speaker 13: Foundation in we have land there, and yeah, man, I'm excited.
1:52:53
Speaker 6: Yes the fact and like you said, imagine if you
1:52:56
Speaker 6: could buy a real estate in Dubaid in nineteen eighty.
1:52:59
Speaker 4: It may sound crazy until it happens.
1:53:01
Speaker 6: And Dubai was in a worse place than Ghana currently,
1:53:05
Speaker 6: Like Dubai was the desert, nothing there at all. They're like,
1:53:10
Speaker 6: well they got they got oil, well, I mean, Ghana
1:53:15
Speaker 6: has a bunch of stuff Coco gold o cos of minerals.
1:53:19
Speaker 6: So you know, we can't we can't forecast the future.
1:53:22
Speaker 6: But like I said, I mean there's a reason why
1:53:25
Speaker 6: very intelligent people are putting a lot of money, energy
1:53:29
Speaker 6: resources and people like China is actually sending people to Africa.
1:53:35
Speaker 4: It's not by accident. Tell you that infrastruct tell you
1:53:37
Speaker 4: that much.
1:53:38
Speaker 6: So Sombra Cityghana dot com Soambra City s A N
1:53:44
Speaker 6: B R A C I T Y Ghana, Sombra City, Ghana.
1:53:51
Speaker 6: And the reason why we named it Somber City is
1:53:52
Speaker 6: that's the con word for return local dialect. So we
1:53:56
Speaker 6: just felt like that was a perfect thing as far
1:53:58
Speaker 6: as you know, talking about you know, that's been a
1:54:01
Speaker 6: dream for a lot of people to actually reconnect with
1:54:03
Speaker 6: the continent.
1:54:03
Speaker 4: So welcome home.
1:54:05
Speaker 6: And like I said, you can get all the information
1:54:07
Speaker 6: pricing and everything, but the serious buyers will be prioritized.
1:54:11
Speaker 6: You can if we have a link tree set up,
1:54:14
Speaker 6: so you can actually go set an appointment on a
1:54:16
Speaker 6: link tree to actually have a phone call with somebody,
1:54:20
Speaker 6: But don't do that unless you're actually serious about buying.
1:54:23
Speaker 6: But you can do it from the finance side if
1:54:26
Speaker 6: you're interested in getting a mortgage, and you can do
1:54:28
Speaker 6: it from the cash buyer perspective as well off site plan.
1:54:33
Speaker 6: So by the time these homes are built, they're sold
1:54:35
Speaker 6: out already, so you're buying as the home is actually
1:54:39
Speaker 6: being built. Right, We'll get you all the legal documents,
1:54:42
Speaker 6: everything you need to know. But you know, once again,
1:54:46
Speaker 6: cash buyers will be prioritized, but mortgage buyers are encouraged. Also,
1:54:50
Speaker 6: it's only forty houses. These will go pretty quickly, and
1:54:55
Speaker 6: if you miss out on this one, maybe you'll have
1:54:56
Speaker 6: an opportunity for the next round. But we'll see, uh,
1:55:02
Speaker 6: we'll see. But yeah, this is uh, this is this
1:55:05
Speaker 6: is it. This is it right here, then y'all want
1:55:08
Speaker 6: to thank you, gentlemen, because I think, you know, this
1:55:10
Speaker 6: is very educational, informational from a variety of different standpoints,
1:55:15
Speaker 6: and I think it's just great to people just to see.
1:55:18
Speaker 4: Us working together.
1:55:18
Speaker 6: You know, everybody's in a different continent right now, and
1:55:20
Speaker 6: you guys are in different continents, different countries, and took
1:55:23
Speaker 6: the time out of it, different time zones and took
1:55:27
Speaker 6: the time to have a conversation with us.
1:55:28
Speaker 4: Was you know, vitally important and you know.
1:55:32
Speaker 6: This this is what it is and this is the
1:55:33
Speaker 6: next iteration of what we've built here at Early Leisure.
1:55:36
Speaker 6: You know, started with is you know, having a media
1:55:38
Speaker 6: company and now you know, doing a variety of different
1:55:41
Speaker 6: things that's tangible and this real estate product is something
1:55:44
Speaker 6: that we're really proud of and it means a lot.
1:55:46
Speaker 6: So we want to thank you guys for even allowing
1:55:48
Speaker 6: us to be a part of it. That's you know,
1:55:50
Speaker 6: that's that's an important aspect of something that we really
1:55:53
Speaker 6: think that it's valuable to our community and to the world.
1:55:56
Speaker 4: So thank you guys and Shaka.
1:55:58
Speaker 6: How can they contact you if they want, because there's
1:56:00
Speaker 6: a lot of people before we leave, there's a lot
1:56:02
Speaker 6: of people that actually are going to Ghana to get
1:56:04
Speaker 6: their citizenship from America.
1:56:05
Speaker 4: So should they DM you? Which for that tour?
1:56:09
Speaker 13: The best way actually is to DM the Sambra City
1:56:13
Speaker 13: DM so that I can we can consolidate all of
1:56:17
Speaker 13: the people who are seriously interested in meeting me next week.
1:56:22
Speaker 13: I will set the date next week that works best
1:56:25
Speaker 13: for our contractors and for you yourself, Kwame as well,
1:56:30
Speaker 13: and then we'll give everybody the address. We'll probably all
1:56:34
Speaker 13: set out from a location and then we'll take everybody
1:56:37
Speaker 13: down there. It's gonna be hot, so we ain't gonna
1:56:39
Speaker 13: be out there for hours. We'll probably do like thirty
1:56:42
Speaker 13: minutes to an hour, and then maybe afterwards we'll go
1:56:45
Speaker 13: to a hotel one that will work out between now
1:56:49
Speaker 13: and then and sign people up. So I would say
1:56:54
Speaker 13: DM at Sambra City, Ghana the Instagram and say Hey,
1:57:00
Speaker 13: I'm in Ghana and I want to meet for this
1:57:04
Speaker 13: for this site. Visit and then we'll send you a
1:57:07
Speaker 13: text or we'll send you a message with the correspondence
1:57:10
Speaker 13: in there. As I said before, I've never done that before,
1:57:13
Speaker 13: like a personal Hey guys, I'm going to be here.
1:57:16
Speaker 13: I always I don't know anybody who knows me knows
1:57:18
Speaker 13: that I'm actually never where I say that I am.
1:57:20
Speaker 13: I'm always a month I'm always a month behind in posting.
1:57:25
Speaker 13: But I'm going to do this because one, Ghana is safe,
1:57:28
Speaker 13: but two I want to show people that I'm really
1:57:31
Speaker 13: here on the ground trying to get the work done
1:57:35
Speaker 13: and trying to get people to the site. So DM
1:57:37
Speaker 13: Sambra City and we will send you a d M
1:57:40
Speaker 13: back and hopefully we'll see that because there's a whole
1:57:42
Speaker 13: bunch of dsper who are in Ghana right now, and
1:57:45
Speaker 13: we'd love to see you and we'd love to give
1:57:46
Speaker 13: you this opportunity.
1:57:48
Speaker 6: Sure and follow everybody follow follow Sambra City Ghana on
1:57:54
Speaker 6: Instagram and Instagram and that has all the what has
1:57:57
Speaker 6: all the updates.
1:57:58
Speaker 4: That's been going on and all that stuff.
1:57:59
Speaker 6: So follow Sombra City, Ghana on Instagram and go to Sombra.
1:58:04
Speaker 4: Cityghana dot com. That's the website. It feels so in
1:58:09
Speaker 4: line with everything we've better done.
1:58:10
Speaker 5: Like people literally have watched us build Ernilidia and now
1:58:13
Speaker 5: they get to watch this project being built. Right if
1:58:16
Speaker 5: you go to the page, you can see it where
1:58:18
Speaker 5: concrete is being poor, where it land is being excavated.
1:58:21
Speaker 5: When we went and just walked to land to see it,
1:58:23
Speaker 5: like all that is part of the process. So, I mean,
1:58:26
Speaker 5: it's just an interesting time. It's an interesting opportunity. Make
1:58:29
Speaker 5: sure you take advantage of it. All right, guys, it's
1:58:31
Speaker 5: been real. We'll see you on the other side. Thank you,
1:58:35
Speaker 5: Thank you, guys.
1:59:07
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