Ghana: Financial Services

After seven years of silence on Ghana's equity capital market, three major IPOs have emerged in six months, raising over GHS 2.1 billion and signaling renewed investor confidence. Drawing on direct advisory experience with First Atlantic Bank, ZEN Petroleum, and Kasapreko, this analysis examines what drove these transactions, how they were structured, and what they reveal about the future of Ghana's public markets.

The Ghana Stock Exchange has established an Over-the-Counter Market (OTC market) and issued rules for the admission and trading of securities on its OTC market. Read the provisions and expected benefits of these OTC rules to issuers and investors below...

Ghana has not been left out of the retail boom across Africa. Ghanaians spending and consumption have increased over the last few years attributed somewhat to the growing middle class with greater spending power.