Ghana To build A Multi-billion Wakanda City Of Return  An Ultra Modern Smart City In Cape coast
Channel: Africa Reloaded
Date: 2022-02-25

Ghana To build A Multi-Billion Wakanda City of Return. An Ultra-modern Smart City in Cape Coast. 
Although inconsistent power supply held growth back by 0.5 percentage points in the 2000s, infrastructure contributed slightly over one percentage point to Ghana’s improved per capita growth performance. Raising the infrastructure endowment of the country to that of the region’s middle-income countries might improve yearly growth by more than 2.7 percentage points. When compared to other African low-income countries, Ghana now has a relatively mature infrastructure foundation. However, when the country approaches the middle-income criterion, it will need to concentrate on improving infrastructure indicators to meet this standard. The African Diaspora Development Institute (ADDI) and two local enterprises have signed a memorandum of understanding paving the way for the establishment of the Wakanda City Of Return, an ultra-modern smart city. The partners hope to build a place of pilgrimage for people of African origin to learn about their history, culture, African civilization, and its role in the creation of the new world economy by leveraging Ghana’s legacy and cultural tourist value. The project is a private-sector-led endeavour to develop Cape Coast’s shoreline and new areas by providing a historic experience with 5-Star hotels, a retreat and wellness resort, conference centres, and ADDI’s ultra-modern continental corporate offices. Pelicape Limited and Adepa Africa Investments are the two local companies engaging in the joint venture with the African Diaspora Development Investment. Approximately 3,000 employment are planned to be created in Cape Coast as a result of the project. The organizers claim that the project’s timing is ideal because the country is still benefiting from the government’s “Year of Return” and “Beyond the Return” initiatives. 
Thanks for joining us to discover more on the construction of the Wakanda City of Return. Stay with us as we find out more about the project and its benefits to the Ghanaians. 
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