It does appear that this game has a hint of World of Goo about it as it also involves construction. Here is the game description:
Tiki Towers is a game of construction, destruction, problem solving, and monkeys! You must reclaim the islands of your tribe by defeating series of evil enemy chiefs. Work with your monkey friends to build towers out of native materials such as bamboo poles, coconuts, and vines. Match wits against the enemy chiefs bent on destroying your towers and driving you from the island, navigate levels filled with crazy building challenges, and deal with unfriendly wildlife and other environmental obstacles. Assign monkeys to chant for the BananaMana necessary to cast spells that counter the attacks of the enemy chiefs. Play in either single player or two-player cooperative mode.
Tiki Towers will be available on WiiWare in North America on the 8th of December for 1000 Wii Points. Interestingly this will also be a simultaneous release on the iPhone and other mobile devices too.
Watch this space for more info including an upcoming video of the game in action.
Update (17th Nov): We have updated the screenshot gallery with fresh images which show Tiki Towers in a much better light!