The vehicle is reported to be valued at $450,000
Ghanaian businessman Richard Nii-Armah Quaye has added a Ferrari Purosangue to his collection of high-end assets after the vehicle was reportedly cleared at Tema Port.
Quaye had recently posted a video of the vehicle, valued at $450,000 on his Instagram handle.
He stated that owning the luxury vehicle was one of the major goals he wants to fulfil before the year ends and asked his followers for their thoughts.
And then days later, the vehicle has been spotted in the country.
A video shared on X by CDRAfrica on December 4, 2025, showed a shipping container being opened, revealing the red luxury SUV inside it.
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The arrival of the car follows Quaye’s earlier display of a private jet and a Bugatti Chiron, acquisitions that drew widespread attention during his 40th birthday celebrations in March 2025.
While some Ghanaians have lauded the businessman’s success, others continue to scrutinise the source of his wealth, especially given the high-value assets he moves.
Quaye, who stepped down as CEO and Board Chairman of his micro-credit firm and quick-investment outfit to lead his holding company RNAQ Holdings, has been involved in philanthropy and social-impact initiatives, including opening food-banks and offering scholarships to students.
The Ferrari’s clearance at Tema Port marks the latest in Quaye’s flamboyant vehicle portfolio and proof that he will continue to maintain a high-profile lifestyle, if the information clears out to be true that it is his vehicle.
Watch the video below:
Ghana’s luxury scene just leveled up! Richard Nii Armah Quaye’s $450,000 Ferrari Purosangue has officially landed and cleared at Tema Port. pic.twitter.com/dKda2M96XS
— CDR AFRICA (@cdrafrica) December 4, 2025
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