Ghana broke ground this week on its $10 billion Hope City project on an empty parcel of land outside the capital city of Accra.
The project's investors, RLG Communications in partnership with the Ghanaian government, say that the centerpiece of the project will be the tallest tower in Africa, at 885 feet. The city will provide 50,000 jobs and house 25,000 inhabitants with the ambitious goal of "turning Ghana into a knowledge-society and an active player in the global economy."
The BBC reports that Ghana's President John Mahama hopes the project spurs more private investment in the country:
"Government has led growth since independence with all the major investments... The time has come for the private sector to take over," he said at the project's launch.
"We can see that already in several sectors, including ICT [information, communications and technology] and telecom."
Earlier this year Kenya began construction on a similar technology city project of its own. The $14.5 billion Konza Technology City will take 20 years to build but is expected to bring 200,000 IT jobs with it. A number of top companies have already shown interest in partnering with the government to fund the city.
Hope City has set the ambitious goal of completing the project within three years.
Photo: RLG Communications