By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Africa Housing NewsAfrica Housing News
Notification Show More
Aa
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Reading: Pan-African millionaire set to build a manufacturing hub to boost Africa’s economy
Share
Aa
Africa Housing NewsAfrica Housing News
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
Search
  • Home
  • News
  • Real Estate News
  • Nigeria Property News
  • Join Us
    • About Us
    • Contact Us
    • Join Us
Have an existing account? Sign In
Follow US
Africa Housing News > Blog > News > Pan-African millionaire set to build a manufacturing hub to boost Africa’s economy
News

Pan-African millionaire set to build a manufacturing hub to boost Africa’s economy

Fesadeb
Last updated: 2021/08/20 at 9:06 AM
Fesadeb Published August 20, 2021
Share
SHARE

The agenda to move Pan-Africanism beyond rhetoric into a development-oriented phase with real time investment has gotten a major boost as Ghanaian Pan-African millionaire, Nana Kwame Bediako Known popularly as Freedom Jacob Cesar has commenced an infrastructural revolution aimed at boosting the economy of Africa.

With a vision of building a “new Africa,” the Real Estate Mogul who best describes himself as a “street incorporated self-made entrepreneur,” owns many companies through which he builds State of the art facilities on the continent, especially West Africa. The most visible among his projects is the Petronia City, a self-sustaining Free Zones manufacturing hub situated in the Western Region of Ghana.

The facility which is being created on 2000 acres of land is aimed mainly at the development of Africa’s oil, gas and mining sectors through the construction of high-capacity plants and pipeline infrastructure to help in exploration and also attract investors.

The project comes in phases; the first phase of the city which covers a space of 70 acres will concentrate on basic infrastructure such as Electricity, Water, road networks, hotels, schools, clinics, shopping mall etc. The Energy City will come second followed by a Golf City which will be made up of luxury villas, clubhouses, apartments, a lush landscape etc.

In order to achieve its self-sustainability, Petronia City has been designed to have its own systems for power generation, including renewable energy, water treatment, recycling plants, aluminum and bauxite production plants to leverage on the resources in the sub region. The following phases shall focus on a multi-purpose stadium and an Oil and Gas University.

Nana Kwame Bediako and friend Floyd Mayweather

The young man who was recently awarded by Forbes for his philanthropic works credited the progress of the project to the “consent of over sixty-five families, twelve chiefs and three sub-division chiefs,” adding that “these are men and women I invested time and energies in meeting with on a regular basis to ensure they were aware of and involved in the three-staged process to turn acres upon acres of African land into an industrial free trade zone and investment community, a Silicon Valley-esque energy city and a digital hub, with residential and commercial applications that we are only now in the process of fully exploring.”

Speaking to a reporter, the investor cum philatelist said his contribution to Africa’s emerging industrial revolution is a dream come true. “I had been dreaming for a long time, and decided to wake up and do something that would change my country and my continent,” he said whilst adding in a separate interview that, “if there is any chance for the world to come together to create lasting change, it is here in Africa.”

“We are not asking for charity…we are letting the world know that change is on the way; it’s manifest destiny, so to speak, as has been inevitable and as proponents of that change, we welcome informing your readers, keeping them abreast of our breaking a longstanding oligarchy of dependency on the continent of Africa that will provide resource and opportunity for generations to come around the world” he said

Source: eyegambia

You Might Also Like

Dangiwa: Construction Artisans Key to Nigeria’s Housing and Economic Growth

Court sends Malami, wife, son back to prison

AEDC Partners NNPC on 350MW Plant, Promises Improved Abuja Power by 2027

Nigeria’s Petrol Price Falls 17.77% to ₦1,034.76 in January 2026 – NBS

LCCI Calls for Sustained Easing Cycle After MPR Reduction

Join Our Whatsapp Group

Contact Image

Join Our WhatsApp Channel

Housing TV Africa is the First Housing News Television
in Africa on Startimes Channel 149 bringing you
Housing News, Mortgage News, Construction News etc

Fesadeb August 20, 2021 August 20, 2021
Share this Article
Facebook Twitter Email Print
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

© Africa Housing News. All Rights Reserved 2024

Welcome Back!

Sign in to your account

Lost your password?