REAL ESTATE INVESTMENT OPPORTUNITIES IN ACCRA [PART-2]: 7 REASONS WHY THE TEMA-AFLAO HIGHWAY STRETCH IS ONE OF GHANA’S MOST PROMISING REAL ESTATE INVESTMENT HOTSPOTS - AFRICA CONTINENTAL ENGINEERING & CONSTRUCTION NETWORK

REAL ESTATE INVESTMENT OPPORTUNITIES IN ACCRA [PART-2]: 7 REASONS WHY THE TEMA-AFLAO HIGHWAY STRETCH IS ONE OF GHANA’S MOST PROMISING REAL ESTATE INVESTMENT HOTSPOTS

 

The Greater Accra Region is rapidly expanding beyond its traditional urban boundaries, driven by population growth, infrastructure upgrades and rising investor interest in emerging communities. In Part 1 of this series, we explored why buying land in Prampram presents a smart investment opportunity. Now, in Part 2, we turn our attention to a broader yet highly strategic location, the Tema-Aflao Highway Stretch and why it has fast become one of Ghana’s most attractive real estate investment hotspot.

As mentioned earlier, this edition is part 2 and we shall be looking at seven (7) reasons why this stretch has fast turned into the most promising real estate investment hotspot. But before we get into the substance of the discussion, let me present to you the 7 reasons for preview purposes.

To begin with, the stretch is a Strategic Trade and Transit Corridor, Urban Decentralization and Population Spillover, the Effect of Industrial Spillover, Availability of Affordable Land, Ada and Volta River’s Eco-tourism Impact, Strategic Importance of Ada’s Salt Reserves and finally, the Investment Impacts of Granite and River sand deposits. Now, get ready, put on your reading lens and grab a cup of coffee as we run you through this fascinating investment opportunity on this stretch you probably did not know existed. 

Strategic Trade and Transit Corridor

The Tema-Aflao Highway forms part of the Trans–West African Coastal Highway, a vital artery linking Ghana’s main port city, Tema, to the Volta Region and the Togo border at Aflao. This corridor facilitates the movement of goods and people across ECOWAS countries, making it a prime location for mix-use developments such as, industrial, commercial, residential and logistics-focused developments.

Apart from this, the recent infrastructure commitments, including the resumption of the Tema-Aflao Road Project, a £225 million initiative in partnership with the Ghana Highway Authority under the government’s Big Push Program, signals long-term investment in this corridor’s growth. Additionally, the Aflao Market redevelopment project, backed by a ¥200 million Chinese grant (approx. GH¢315.7 million), will further enhance cross-border trade. These and many others that will be discussed in subsequent sub-headlines in this article, makes the Tema-Aflao stretch a strategic trade corridor, boosting real estate investment prospects.

Urban Decentralization and Population Spillover

As Accra grapples with congestion and rising living costs, satellite communities along the Tema-Aflao stretch are absorbing the overflow. Areas such as Tema Community 25 & 26, Dawhenya, Prampram, Tsopoli, Sege, and Ada are experiencing surging demand for housing. As a result, this corridor over the years has attracted over a dozen institutional gated communities including Adom City Estate, PS Global Estate, Agazy Homes, Emerald Properties, The Greens, Devtraco Estate, TDC Affordable Estate, Nyame Dua Estate, Nestas Homes, HFC Estate, Royale Palm Estate, Noble Estate, ACE Heights, LibiHomes etc.

These developments cater to diverse residential needs from social housing, mid-end properties and luxury gated enclaves while individual developers continue to build commercial and mixed-use properties. Interestingly however, despite this growth, demand still remains considerably high, making real estate investment prospects more promising on this stretch than one can ever imagined.

Industrial Spillover Effect

Accra has quite a good number of industrial enclaves including the Tema Zeetech industrial area, the Appolonia industrial area, Regimanuel industrial area, the Ledzokuku-Krowor light industrial area, the South industrial area, the North industrial area, the Tema Heavy industrial area, the Kpone Kokompe light industrial area, the Dawa industrial zone, the Tema Free Zones Enclave, et cetera. However, research shows that with the exception of the Dawa industrial zone, all these industrial enclaves are nearing capacity with limited space and rising costs of rents and property acquisitions.

The Accra-Aflao stretch being well positioned with the availability of its mass and cheap land is now absorbing this overflow from these saturated zones and the interesting thing is that, this transformation is happening at the speed of light figuratively speaking. This has made the real estate investment prospects along the stretch more promising than one can ever imagined.

Availability of Affordable Land

Compared to central Accra or Tema, land along the Tema-Aflao corridor is significantly more affordable and available in larger parcels. Areas like Lakpleku, Bundase, Saglemi, Tsopoli, Dawa, and Sege offer excellent value for money, ideal for residential estates, industrial parks and mixed-use developments. Our company, the Africa Continental Engineering & Construction Network Ltd currently holds thousands of parcels of land along the stretch, available for sale to prospective investors seeking strategic entry into this booming corridor.

Eco-tourism Impact of Ada and Volta River

The Ada and Volta River eco-tourism zone significantly enhances the Tema-Aflao stretch’s real estate investment potential by attracting hospitality, leisure and mixed-use development opportunities. The Volta Estuary and Ada Foah area are emerging as eco-tourism gems in Ghana, offering pristine beaches, riverfront views and cultural heritage that appeal to both domestic and international tourists. This natural allure is driving demand for real estate developments that cater to tourism, recreation and lifestyle living.

The Tema-Aflao Highway serves as the main access route to Ada and the Volta Estuary. As tourism grows coupled with international commuters, so does traffic along this corridor, increasing the viability of roadside developments such as; Fuel stations, Convenience stores, Lodging facilities, Logistics hubs for tourism operators et cetera. 

This has already attracted over 20 major oil marketing companies such as: Goil, Total Energies, Shell, Onyxma, Runel, Top Oil, Star Oil, Puma, and many more, with Goil having (6 stations), Total Energies (2 stations), Shell (2 stations), Onyxma (2 stations), Runel (2 stations), Top Oil (2 stations), Star Oil (1), Puma (1) and many more still under various stages of construction to start. These are just the big and popular OMCs, mention is not made of the new entrants nurturing ambitions to establish on the stretch.

On the part of the hospitality sector, big names such as the Aqua Safari has registered its presence on the stretch even though there is still a huge investment opportunity in that sector along the stretch including restaurants, convenience stores etc. This synergy between eco-tourism and transit infrastructure makes the Tema-Aflao stretch a dual-purpose investment zone, serving both industrial and leisure markets.

Strategic Importance of Ada’s Salt Reserves

Ada is home to one of West Africa’s largest natural salt deposits, particularly around the Songor Lagoon. The area has long supported artisanal salt mining, but the recent industrialization efforts made by the Mcdan Group has elevated its economic relevance adding more investment traction to the stretch. Electrochem Ghana Limited, a subsidiary of the Mcdan Group was granted a 15-year concession and it is spearheading large-scale salt production with projections of up to 1.2 million metric tons annually by 2026 and a peak capacity of 8 million metric tons per year.

This scale of production positions Ada as a potential hub for salt exportation, chemical manufacturing and agro-processing, all of which require supporting infrastructure, thereby increasing the real estate investment prospects of this all-important stretch.

Investment Impacts of Granite and River Deposit

Granite deposits of industrial scale along this stretch including that of the Shai Hills and surrounding areas have led to the establishment of multiple quarry sites. Atlantic Quarry, TT Quarry etc are a few operators on this stretch. These companies supply crushed stone and aggregates for road construction including the Tema-Aflao Highway itself. This has also created real estate developments such as gated communities, commercial centers, industrial parks and logistics hubs.

Apart from this, communities on this stretch supplies about 90% of all river sand used in Accra, adding to the investment prospects on this stretch. Communities such as Bator, Sogakope, Tefle, Ada Foah etc are major sources of the river sand used in construction in Accra. This has created demand for industrial land, equipment yards and housing, especially near Tsopoli, Dawa and Sege catchment area.

Key Ripple Effects of Investment on the Stretch

Having discussed the reasons that made the Tema-Aflao stretch Accra’s real estate investment hotspot over the past few years, we are going to look at the ripple effect of existing investments driven by the aforementioned prospects. In the end, you will understand why it is not surprising to see a consistent annual infrastructure expansion and human population growth. Below is a few statistics for your reflection, starting with the OMCs.

Oil Marketing Companies

This industrial drift has attracted over 20 major oil marketing companies such as; Goil, Total Energies, Shell, Onyxma, Runel, Top Oil, Star Oil, Puma, and many more. Goil has (6 stations), Total Energies (2 stations), Shell (2 stations), Onyxma (2 stations), Runel (2 stations), Top Oil (2 stations), Star Oil (1), Puma (1) and many more still under various stages of construction to start. These are just the big and popular OMCs, mention is not made of the new entrants yet.

Retail and hospitality brands

Retail and hospitality brands have followed suit, including Melcom, Palace Mall, Furniture City Mall, Tikka Mall etc. Melcom has (2 locations), Palace Mall (2 locations), Furniture City Mall (1) Tikka Mall (1). Other popular smart food brands such as KFC, Pizza Hut, Chicken Inn, Basilisa Family Restaurant Noble Restaurant, Aqua Safari etc have also moved into the stretch.

Financial Institutions

The stretch has eight (8) top banking brands such as, GBC Bank, Ecobank, Zenith Bank, CalBank, Consolidated Bank, Fidelity Bank, First Atlantic Bank, Republic Bank and GN Bank. Apart from the physical office presence, there are over 15 ATM machines and forex bureaus combined on the stretch.

Institutions of Higher Learning and Professional Studies

The stretch has attracted three (3) institutions of higher learning and professional studies; among these are; IPMC, Central University and Delexes University College with prospects of many others coming. Apart from this, there is also a heavy proliferation of multinational basic schools on the stretch namely; DPS International School, Able Academy, Aves International School, MaryMount International School etc.

Hospitals and Wellness Institutions

The wellness and hospital institutions are not left out; there is a proliferation of private hospitals of international standard along the stretch in these few years. A few among these are the Mount Carmel Hospital, Greenville Hospital, COY Pediatric Hospital etc.

Attraction of Construction and Infrastructure Firms

The availability of raw materials has drawn construction companies to set up operational bases along the stretch. These firms benefit from proximity to granite sources, reducing transport costs and improving project efficiency. This has led to leasing and acquisition of land for staging areas, development of support facilities such as block factories, concrete batching plants, maintenance yards, paint manufacturers, roofing companies, fabricators and many other manufacturing establishments.

Also, a boost in the logistics and transport services soared as the quarry and sand winning operations require a steady flow of trucks, loaders and haulage services. This has spurred fuel station development as mentioned earlier (e.g Goil, Total, Shell etc), roadside service centers, truck stops, small-scale retail centres, hospitality businesses serving drivers and workers.

Increased Land Value and Demand

The industrial activity has raised the profile of nearby communities like Tsopoli, Dawa, and Sege. Investors are now targeting these areas for mixed-use developments, social housing for workers, warehousing and distribution centers. According to a 2023 report by the Africa Centre for Energy Policy (ACEP), Ghana’s quarry subsector contributes significantly to infrastructure development and government revenue. The Accra-Aflao corridor, with its granite-rich zones, is a key contributor to the real estate investment prospects of the stretch.

Projections and Investment Outlook

It is expected that between now and the next 5 years where the Accra motorway and Tema-Aflao road expansion projects may have been completed and operational. Land values might have appreciated over 200%. Our projection is based on the fact that traffic would have eased, coupled with many more investments in the stretch that will need more land for both industrial and residential developments.

For real estate investors, this means early acquisition of land in communities such as Saglemi, Lakpleku, Bundase, Tsopoli, Dawa, Ningo, Sege, Koledor, Ada and its adjoining communities could yield high returns, especially for mixed-use and industrial developments. This ensures sustained industrial activity along the Tema-Aflao stretch, making it a strategic location for land banking investment, industrial real estate and ancillary service businesses.

Conclusion

In conclusion, the Tema-Aflao Highway corridor is no longer speculative; it is a proven hotspot for real estate investment!. With strategic infrastructure, industrial migration and residential demand converging here, early investors stand to reap substantial returns over the next 5–10 years. As Ghana decentralizes urban growth and opens new economic zones, this corridor stands out as a clear winner for forward-looking investors. 

Finally, in taking any step to explore the real estate investment opportunities on this stretch, do remember that the Africa Continental Engineering & Construction Network Ltd is Ghana’s leading thought leader in all real estate services, from land acquisition, title registration, building design, main construction, property development and management, etc.

Do check us on our website, explore our properties and reach out for a swift professional service delivery. We have thousands of parcels of land on this stretch and all other locations across other suburbs of Accra, Ghana and Africa.  

Do also remember that, views or opinions expressed in this article by this writer are not to be relied on without obtaining legal or other professional advice when taking a step or entering into any legally binding agreement. Subscribe to the B&FT Newspaper to read part-3 of this series next week.

References

The Ghana Green Manufacturing Policy Investment Guide (2025); Dawa and North Industrial Area, key industrial hubs in the region.

Appolonia City. (2024). Appolonia Industrial Park – Now selling. Appolonia City.

Mapcarta. (2025). Zeetech Light Industrial Area, Tema. Mapcarta.

Mapcarta. (2025). Industrial Area, Ledzokuku-Krowor, Accra. Mapcarta.

Regimanuel Gray Limited. (2025). Industrial land – Regimanuel Gray Limited.

Sustainable Energy for All (2025). Ghana green manufacturing policy investment guide. SEforALL.

MyJoyOnline. (2023). Gov’t moves to fast-track industrial growth with light industrial parks. MyJoyOnline.

Ghana Investment Promotion Centre (GIPC). (2022). Industrial zones in Accra. Government of Ghana.

Sustainable Energy for All (SEforALL). (2025). Ghana green manufacturing policy investment guide.

Google Maps. (2025). North Industrial Area, Accra. Retrieved October 26, 2025.

About Author

Daniel Kontie is a young enthusiastic Ghanaian entrepreneur, the Executive Chairman of the Africa Infrastructure Group; the Group comprises the Africa Continental Engineering & Construction Network Ltd, the Falcon 48 Developers, the Africa Infrastructure Energy Ltd and the Africa Land Banking Investment Ltd. All these are young establishments disrupting the conventional way of brand building across the globe. Daniel is a columnist, a writer and a member of the Built Environment Writers Association of Ghana. He can be contacted via the contacts: +233209032280 / +233209032280. Email Address: d.kontie@acecnltd.com. Website: https://www.acecnltd.com/