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Government Supports Kantamanto Fire Victims with GH₵1 Million Relief Fund

Government Supports Kantamanto Fire Victims with GH₵1 Million Relief Fund, Plans Market Reconstruction

The Government of Ghana has fulfilled its promise to support victims affected by the devastating fire outbreak at Kantamanto Market by donating GH₵1 million in financial relief. The fire, which broke out on January 2, 2025, destroyed over 7,000 shops and left more than 30,000 traders struggling to recover from the losses.

The donation was presented by senior government officials and the Chief of Staff on behalf of President John Dramani Mahama. This donation follows a commitment made by the President when representatives of the Kantamanto Traders Association, comprising 13 different groups, paid a courtesy visit to him shortly after he officially assumed office.

During the presentation, the government assured the traders of its commitment to rebuilding the Kantamanto Market into a modern, commercial center. This redevelopment project aims to provide improved facilities for secondhand clothing dealers, retailers, and other businesses operating within the market. The government also emphasized the need for enhanced security measures, better fire prevention strategies, and improved accessibility to ensure rapid emergency response in the future.

The Chief of Staff also highlighted the importance of continuous communication with the affected traders to ensure a smooth redevelopment process. He encouraged market leaders to actively participate in discussions regarding the restructuring of the market space.

Rev. Opoku Afreh, Chairman of the Kantamanto Traders Association, expressed gratitude on behalf of the affected traders for the government’s timely intervention. He also disclosed ongoing negotiations with Access Bank to secure a $100 million loan to support the market’s reconstruction. However, he called on the government to assist in resolving a land dispute that could hinder the redevelopment project.

The Kantamanto Market fire has been one of the most significant disasters affecting traders in Ghana in recent years. With the government’s financial support and commitment to rebuilding, traders remain hopeful for a more resilient and well-structured marketplace.

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