Ghana’s President, John Mahama has launched the Hope Project. The project aims to build an IT university near the capital of Accra within three years, at an estimated cost of R91 billion, including a residential area, a hospital and social and sports amenities.

The university will be built on empty land and house Africa’s tallest building at 270 metres with 75 storey’s, it will employ roughly 50 000 people and be able to house at least 25 000 people. The project will be spearheaded by the private sector according to Mahama.

President Mahama said at the project’s launch:

Government has led growth since independence with all the major investments… The time has come for the private sector to take over.

Roland Agambire, head of RLG Communications – a Ghanaian technology company – told the BBC that his company would be investing in the project with the aim of making “Ghana globally competitive.”

Agambire said:

This will enable us to have the biggest assembling plant in the world to assemble various products – over one million within a day.

[Source: BBC News]