IFC backs Ghana hotel construction project

Ghana will see the construction of a new 170-room hotel near Accra International Airport, in a project that is set to boost local jobs and the local supply chain

The Hampton by Hilton Accra Airport project is aimed at expanding Ghana’s midscale hospitality offering while supporting local businesses.

The Accra construction project is expected to provide nearly 1,000 direct and indirect jobs, including 200 permanent positions, as well as create new opportunities for local suppliers.

The International Finance Corporation (IFC) announced that it is providing long-term financing to PLP Properties Ltd, a Ghanaian property investment and development company, in support of the scheme.In a statement, IFC, a part of the World Bank Group, noted that its I’d long-term financing will give the project “sufficient time” to complete construction and establish operations.

“Our vision goes beyond building a hotel,” said Jean-Louis Feghali, executive director of PLP Properties.

“Hampton by Hilton Accra Airport will strengthen Accra’s hospitality offering, create jobs, support local suppliers, and serve business and leisure travellers.”

Travel and tourism contributed an estimated 5.7% of Ghana’s gross domestic product and supported more than 800,000 jobs in 2024.

By expanding midscale accommodation and strengthening hospitality infrastructure, the project is expected to support Ghana’s tourism sector and its contribution to employment and economic activity.

Hampton by Hilton Accra Airport will broaden the range of quality accommodation available to business and leisure travellers in a market where most internationally branded hotels serve the upscale segment.

“Investment in quality, sustainable accommodation can strengthen Ghana’s tourism sector and support jobs across the wider economy,” said Nathalie Kouassi Akon, IFC division director for West Africa Gulf of Guinea.

“IFC’s partnership with PLP Properties will expand Accra’s hospitality offering, strengthen demand for local goods and services, and promote more sustainable hotel development.”

The hotel is expected to source goods and services from Ghanaian businesses, including small and medium-sized enterprises.

The project is also targeting IFC’s green building standards — the hotel is being designed to use at least 40% less energy and 20% less water than a conventional building, while also reducing embodied carbon in construction materials.

These efficiencies are expected to lower operating costs and establish a stronger benchmark for resource-efficient development in Ghana’s hospitality sector, IFC noted in its statement.

Read more:

Iveco supports Ghana road safety training with Stralis donation

HMD Ghana, Tuboshu report strong Wampex 2026 interest

Terra Industries builds Ghana drone factory expansion