Audio By Carbonatix
A dispute between Esianfua Royal Estate, a prominent real estate developer in Mankessim, and Australian mining firm Atlantic Lithium has intensified, with the estate developer moving to reclaim land previously allocated for a mining project. The action follows what the estate describes as “failed promises and a breach of payment obligations.”
The contested land, located in the Mfantseman Municipality of Ghana’s Central Region, was initially granted to Atlantic Lithium for development. However, Esianfua Royal Estate alleges that the company has failed to meet financial commitments agreed upon more than two years ago.
In a statement issued by B.B. Simpson, Esq., legal counsel for Esianfua Royal Estate, the developer confirmed its official withdrawal from the deal, citing prolonged delays and a lack of fulfillment on the part of Atlantic Lithium.
“We cannot continue this deal with Atlantic Lithium. They have disappointed us, and we cannot waste our land for them any longer,” the developer stated.
The situation has raised concerns among residents and stakeholders, who fear the dispute could damage the reputation of Mankessim, the wider Mfantseman area, and the Central Region. Many have described the fallout as unfortunate and a setback for the region’s investment climate.
In an effort to provide clarity and outline the next steps, Esianfua Royal Estate has scheduled an emergency stakeholders’ meeting.
The meeting will take place on Monday, May 11, 2025, at 9:00 AM at the company’s office in New Nkusukum, near Romowil School in Mankessim. The agenda includes details and implications of the land repossession, future development plans for the reclaimed land and addressing concerns of existing investors and clients.
Roseford Advocates, the law firm representing Esianfua Royal Estate, has extended formal invitations to clients and media houses, encouraging all affected parties to attend for transparency and collaborative resolution.
The local community is now closely following developments, hoping the meeting will bring clarity and help restore investor confidence in the area.
Latest Stories
-
Ghanaian pension funds to invest $11m in Atlantic Lithium as Ewoyaa Project gains momentum
14 seconds -
Bond market: Turnover declines by 18% to GH¢2.38bn
18 minutes -
MiDA CEO raises alarm over ‘Wasted Agricultural Assets’
28 minutes -
Star Oil reviews pump prices again; sells petrol at GH¢12.29, diesel pegged at GH¢14.99
32 minutes -
Iran in talks with FIFA to move their World Cup games to Mexico
34 minutes -
Marvin Senaya has agreed to play for Black Stars – Asante Twum
41 minutes -
PESCOSA leaders hold talks with South Dayi MP on 70th anniversary plans and school infrastructure
54 minutes -
Woman arrested over viral social media post accusing Uber driver of being a ‘murderer’
57 minutes -
Kofi Arko Nokoe queries Energy Minister over gas re-bottling plant in Evalue-Ajomoro-Gwira
1 hour -
The economy has drastically improved – Sissala East MP
1 hour -
Hope for Man City, Chelsea & Spurs – great Champions League comebacks
2 hours -
Black Stars reinforced as Iñaki, Partey and Djiku return
2 hours -
Woman arrested over viral social media post accusing Uber driver of being a ‘murderer’
2 hours -
MP for Dome-Kwabenya Faustina Elikplim supports Ga East Sports
2 hours -
World Bank warns skills shortage could jeopardise employment for 1.2 billion young people
2 hours
