![The Construction and Real Estate Digest with Daniel KONTIE: Legal and institutional weaknesses in the real estate sector [3]: Why Ghana needs a mandatory real estate developer regulation](/_next/image?url=%2Fapi%2Fmedia%2Ffile%2Fwp-260764-LEGAL.webp&w=3840&q=92)
- Ghana ranks among the world’s leaders in financial regulation but has paid dearly for failing to ensure its professionals kept pace. The last failure alone cost an estimated GH¢16.4 billion.
A new statutory Authority and a GH¢110 million start-up budget give the government's flagship jobs programme legal teeth. But the gap between institutional architecture and 1.7 million promised jobs remains wide, and history offers little comfort.
The Ghana Project: "Two roads diverged in a wood, and we, we took the one less traveled by, and that has made all the difference. Heaven knows where we are going, we will get there"
The continent is building sophisticated sustainable finance frameworks.
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