Interesting to me- I do business in Ghana, specifically in Tema. My client is a commercial land developer. We provide electrical infrastructure components to him.
I witnessed a land purchase last year- basically a handful of cash was handed to a tribal patriarch to buy a tract of land near their village. It seemed very sketchy to me, but apparently this is the way it's done, and the land records are recorded with the government in a totally separate process with completely different people.
I also understand that the ownership of land reverts after... what, 50 years, if I remember correctly.
Sounds like you have an interesting project here.
Yes, you are spot on! There are many people who double, triple, and quadruple sell land to multiple people, and the patriarchs get all the money. As well, land is often taken from widows who should rightfully own the land, but the patriarchs take it and give it to their male family members.
As well, the years for land tenure are 50 and 99, so no land can be owned "indefinitely".
This is why we are trying to consolidate the stool/skin ownership with the actual government records. If you are interested, please contact us at [email protected].
Cheers!
Chris
CSO Bitland Global
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