The Government of Ghana has extended financial support of GH¢1 million to victims of the recent Kantamanto Market fire disaster.
The gesture aims to provide relief for affected traders, many of whom lost goods worth millions of cedis in the devastating incident.
Rev. Opoku Afreh, Chairman of the Kantamanto Traders Association, expressed his gratitude to the government on behalf of thirteen trader groups.
He acknowledged that half of the market was razed by the fire, with the day’s sales—yet to be deposited in banks—completely destroyed.
In addition to the government’s financial support, Rev. Opoku revealed that the traders have negotiated a partnership with Access Bank, which has committed to advancing a $100 million loan to construct a modern market.
However, he appealed to the government to resolve disputes over the affected land to ensure smooth redevelopment.
The fire incident, which destroyed over 7,000 shops, has left many traders facing significant challenges.
The government’s intervention is seen as a crucial step towards recovery and rebuilding the Kantamanto Market into a more resilient and modern facility.
Don’t miss out! Get your daily dose of Entertainment news and more straight to your phone. Join Ghana Street Journal Whatsapp channel now!
