The PennZone

PHILADELPHIA & ACCRA, Ghana - PennZone -- Sankofa Capital, a Philadelphia-based Real Estate Development Company and Jobomax Global, West Africa's most trusted homebuilder, announced a joint venture pilot housing project in Ghana.  The homes can be either owner-occupied residences or income generating investment properties, appealing to buyers in the historical and recent diaspora as well as those currently living in Ghana.

Sankofa's Founder and CEO Keith Williams talked about partnering with Jobomax on Sankofa's first project in Ghana, "As an African-American owned real estate developer I have always been drawn to Africa.  A few years ago I made my first investment property acquisition in Ghana but knew that I really wanted to be more than a passive player in the Accra market.  Sankofa saw Jobomax's experience of developing communities from the ground up in Guinea and Sierra Leone as a perfect addition to Sankofa's boots on the ground experience in Ghana.  Investing in the land of my forefathers is a personal mission for me.  Jobomax's know-how and experience getting it done in West Africa made them the ideal partner."

More on The PennZone

• Hope Survives Announces Hidden Impact, Its Second Brain Injury Podcast
• Household Staffing Recognized as Principal Benefactor of the Nanny Relief Fund
• KOLBUS America, For All Of Your Hycorr Equipment And Service Needs
• Heritage at Hopewell Announces New 3.875% Year-One Mortgage Rate Buydown Incentive on Quick Delivery Townhomes (7.11% APR)
• New TROP2 Research Breakthrough Strengthens REQORSA® Gene Therapy Story as Roche Collaboration Advances Precision Lung Cancer Treatment: Genprex, Inc

Jobomax's Co-Founder and CEO Jonathan Halloran added, "From the moment my Co-founder Robert Hornsby and I met Keith, we knew we wanted to work with him.  His passion for engaging African Americans in a connection with the continent fits perfectly with our experience and passion with engaging local buyers and the recent diaspora. Sankofa has the local market knowledge and experience to ensure a successful launch. Although this initial phase of our work in Ghana together is of modest scale, we believe that Ghana is one of the most exciting real estate markets in West Africa and that by working with Sankofa, we can multiply our impact many times over."

The Jobomax/Sankofa joint venture has already acquired land in Appolonia City, a master planned community in suburban Accra.  The site offers a gated community, paved roads, water and electric service, and retail and other amenities to complement the homes. By adapting a Jobomax design for the Ghanain market, the project delivers homes in the mid-priced range sought by many diaspora members and investors.  Financing for a term of up to ten years will be available to some buyers through Jobomax's partnership with US-Africa Housing Finance.  Ghana residents are encouraged to finance with local banks which offer both Cedi and USD financing.

More on The PennZone

• Rent a Truck or Hire Movers? New Data Shows Fuel Now Makes Up to 40% of DIY Moving Costs
• TrueNorth Wellness Services Expands Rural Behavioral Health Care in Fulton County with Technology
• Club Wyndham Research Identifies the "Holiday Rewind Effect": 93% of Parents Recreate Their Own Childhood Holidays for Their Kids
• IEI Rugged IP66 Panel PC Brings Real-Time Visibility to Heavy-Duty Mining Fleets
• FDA Approval; Major Milestone for Preservative-Free Ketamine Ahead of FDA Goal Date for Treatment of Suicidal Depression by NRx Pharmaceuticals, Inc

Recent and historical diaspora and local residents interested in investing in a property developed by the Jobomax / Sankofa partnership can contact Jobomax at +1-215-253-3691 or info@jobomax.com to learn more and reserve a home.