BOPP is the fifth-largest company in Ghana. 10. To those that didn’t make the list, it’s crucial to note that we took into consideration the assets of individual companies, annual financial reports, and the GSE (Ghana stock exchange) figures. Due to India’s high population, India’s GDP per capita is $2,170 (for comparison, the U.S. is $62,794). So far, it has worked pretty well as its 2020 three-month financial analysis revealed a record of $300 million in revenue. Owing to the belief that top companies contribute in no small measure to the GDP growth of Ghana, we have chosen to discuss the Top 10 Richest Ghanaian Companies as well as the significance these companies have impacted in their various sectors. With more than 200 branches and 1700 employees, it’s undeniable that Ghana commercial bank is one of the major contenders in the banking sector of Ghana. The combined investors hold a larger stake while the Ghanaian government accounts for only 21.36% of the company’s stakes. Ernesto Taricone. Number 10 of Richest Man in Ghana 2020 Forbes List . Just in case you’ve been wondering, take a look at the richest Ghanaian pastors and their net worth (Forbes) 2020. Total is a major player in the global oil & gas industry and its Ghanaian subsidiary is known as Total Petroleum Ghana Limited (TPGL). Amongst the contenders in its business line, GCB boasts the highest number of branches -more than 150 branches spanning across Ghana. Serge Bakalian is the current CEO of the Takoradi Flour Mills. Top 20 Richest Men in Ghana And Their Net Worth 2020. He is the founder and Managing Partner of the law firm, LithurBrew & Company. He has been running the affiliated family company since he took over for his Armenian father. In the export trade, the company boasts a large market share in each of its export commodities. 1. 3. Tony Lithur – $30 million Richest Men in Ghana. Asides offering data and voice services, MTN is involved in allied telecommunication services which include Internet Services and Products, MTN Business Solutions and MTN Mobile Money. It is one of the member companies under the Jospon Group of Companies belonging to Dr. Joseph Siaw Agyepong -a Ghanaian business tycoon. Telecommunications seems to be a thriving sector for the class of early entrants (particularly the innovative ones that have successfully adapted to the general dynamic customer trends in Ghana) and Scancom Ghana isn’t excluded from this class. Though the multinational company has branches in six countries of Africa, its Jubilee Oil field in Ghana brings it the most profits. That’s all about The Richest Companies In Ghana 2020. Ghana’s economy has recovered remarkably, showing the whole world great potential. TOP TEN RICHEST KIDS IN GHANA. READ ALSO: Top multinational companies in Ghana. The company allocates fertile tracts of land to small-scale farmers for the cultivation of the palm. Aliko Dangote . This has contributed to the success of many brewing companies in the country, with the top one being Guinness Ghana Breweries Limited. Amongst other leading Ghanaian companies, Total has remained a vibrant force as well as one of the most contributive companies to Ghana’s economy. { Richest Companies In Ghana }. Most of its revenue stems from the mining of gold, petroleum, and agriculture. About 56.6% of the company’s stakes were sold to Abraaj Capital -an equity investor in Dubai. According to multiple sources, he is worth $7 million. Required fields are marked *. As per current times, it has one of the biggest gold reserves in the mining industry. This list of some of the richest companies in Ghana can attest to it, following their massive revenues. They have been in existence for about 67 years and have since undergone three name changes; first, they went by Bank of Gold Coast, then changed to Ghana Commercial Bank and finally rebranded to GCB. Toyota Ghana Limited: Finally on this list is Toyota Ghana Limited as we draw a close to our compilation of the top 10 best highest paying companies to work for in Ghana today. Charles Ampofo. Despite the financial and economic conditions of a nation, the rich will always thrive. Total Ghana bears the trade name ”Total” on the Ghana Stock Exchange Market and quite, unfortunately, it has been battling severe competition due to the arrival of myriads of companies into the business of fuel products. After which, she proceeded to Minnesota International School and then later moved to Central International School both in Ghana and obtained her West African Senior School Certificate. 5. He is currently regarded as the richest Ghanaian and has earned a reputable stance ... 2. Tags: Richest Companies In Ghana 2020, Wealthiest Ghanaian Companies, Your email address will not be published. Tullow Oil PLC, as the name suggests, was founded in Tullow, Ireland, in 1985 but only opened branches in Ghana in 2007. Currently, the company has extended its export base with the addition of several other commodities including rice, sugar, and cocoa. Yvonne Nelson – Net Worth: $900,000; This black and gorgeous Ghanaian actress is the richest Ghanaian actress today with a net worth of $900,000. It found the French company, Mobil Ghana (former leading oil distributor), struggling with operational costs. Precisely, the company commenced business in Ghana by solely exporting shea nuts. TPGL began operations over 50 years ago and it is a genuine member of the Total Group. Aliko Dangote is currently worth over $12.5 billion. Meegi Shuavy: Meet Victor Onodu, A Reputable Fashion Model and Artist, Top Highest-Paid Actors In South Africa 2020. The Ghana Oil company is among the top richest companies in Ghana owned by the state. Before it collapsed, Total bought it and changed its name. Top 10 Richest Companies In Ghana 2020 – By virtue of its blossoming economy, Ghana has become one of the African countries that attract foreign investors from Asia, Europe, and other continents. He is the richest man in Nigeria and Africa. Aside from petrol and diesel, they sell car care products, gas cylinders, engine oils, lubricants, transmission oils, and LPG. It was founded back in 1983 to make sure the country benefits the most from its petroleum resources. Meanwhile, it is widely recognized for churning out various oil products including vegetable oil, RBD palm olein, and RBD palm oil. Top 10 Richest Young Guys In Ghana, Their Cars, Mansion & All Their Properties” ] From family wealth to self-made riches from areas such as entertainment, auto dealing and other forms of businesses as per their profiles, these chaps are simply living the lives that most of us can only dream of. The love Ghanaians have for alcohol is unexplainable. It is a publicly-traded company concerned with the activities of manufacturing and processing oil palm. However, we will only focus on the top ten, featuring both the richest private companies in Ghana as well as the government-owned ones. Top 10 India's richest women in 2020, as per the Kotak Wealth Hurun list, were: Roshni Nadar Malhotra, HCL Technologies: Rs 54,850 crore; Kiran Mazumdar-Shaw, Biocon: Rs 36,600 crore As the nation develops and grows in economic and social development, so do the people. He is a forex trader as well as owns a real estate company. 1. This is because it is a major shareholder in ore bodies present in fertile mine jurisdictions. It is the Ghanaian operator of MTN -a renowned telecom company with main headquarters in South Africa. Archbishop Nicholas Duncan-Williams. Tiwa Savage. MTN Ghana is now facing severe competition and the company seems to have gradually declined in annual earnings, customer base, and market share. TOP 20 RICHEST MEN IN GHANA 2020 AND THEIR NET WORTH. Though the bank was initiated to serve Ghanaian traders, its rebranding came with a new business plan as it is now fully commercial. With this change of name in 2013, the company marked its 60th year of existence. Ghana has its fair share of successful petroleum and natural gas companies. BOPP is owned by the duo of Unilever Ghana (a thriving manufacturer of consumer goods) and the Ghanaian government. The Top 10 Richest Musicians In Ghana 2020 And Net Worth - Would you like to know the main The Top 10 Richest Musicians In Ghana 2020 And Net Worth? Newmont Golden Ridge is one of the richest mining companies in Ghana. Notify me of follow-up comments by email. Nabil Edmond Moukarzel. India’s GDP (PPP) is $10.51 trillion, exceeding that of Japan and Germany. It produces 30,000 barrels of oil a day hence earning the company a spot in the list of richest companies in Ghana. Ghana is the second-largest producer of cocoa in the world and exports to almost all countries. In 2018 alone, the company was responsible for 7% of Ghana’s GDP, and their ability to adapt to change skyrocketed their gross income exponentially. Over the years, some astute and hard working Ghanaians have dignified themselves by becoming the top 10 richest people in Ghana. GCB Bank Limited is one of the major players in Ghana’s banking sector. It specializes in the mining of gold, copper, and silver. 9. The love Ghanaians have for milk products has apparently added a fortune to the company, making it one of the largest companies in the country. Ecobank Ghana is denoted with the trading symbol ”EBG” on the Ghana Stock Exchange. Guinness Ghana Breweries Limited is the Ghanaian offshoot of Diageco Plc -an acclaimed brewing company. 19. I-zone Ghana is one of the Ghanaian companies that are silently making a great fortune. Top 10 Best/Highest paying jobs in Ghana this year 2019 10. At a later time, the products are transported to the company’s storehouses for further processing and storage until exportation is required. The bank has experienced a series of name changes initially from Bank of the Gold Coast to Ghana Commercial Bank and from the latter to present-day GCB Bank Limited. clarifies that Gh is on a reasonable path of national development with substantial growth in GDP. GGBL came into being through the merger of two giant brands namely Ghana Breweries and Guinness Ghana. Top 10 Richest Pastors in Ghana and Net Worth 2020. Their figures are set to drop in 2020 as the oil and gas industry has not been doing well. #GhanaRichestMen #GhanaMusicians #Ghanarichest Musicians Watch out for the richest musicians in GH 2020 for free. Richest Footballers In South Africa PSL. Zoomlion specializes in solid and medical waste collection, waste treatment, recycling, public cleaning, and janitorial services. When it commenced operations around the 1950s, it went by the name ”Total Products”. The widespread of multi-billion Ghanaian companies in key sectors (such as banking, oil & gas, agriculture, foods and beverages, telecommunications, etc.) Across Ghana, there are Olam Ghana district offices at which products are directly purchased from local farmers and processed. Ecobank commenced business in Ghana around the 1990s. In the beginning, it had under 100 employees, but the number has since risen to about 3000 core employees and 85000 of managed staff. Most of its revenue stems from the mining of gold, petroleum, and agriculture. 5. Though Olam Ghana is not listed on the Ghana Stock Exchange, the company has contributed tremendously to the growth of Ghana’s economy which is largely dominated by the agriculture sector. They now have over 280 service stations with about 20 employees each. In addition, I-Zone Ghana is concerned with internet solutions and certain other telecom related services. It was founded in the year 2006 by Dr. Joseph Siaw. In the entirety of Ghana, Scancom Ghana is the telecom company with the biggest market stake in telecommunication and voice services. Archbishop Nicholas Duncan-Williams – $6.9m. 9. Nana Ama McBrown is very wealthy and currently number 10 on our lists of the top 10 most richest actresses in Ghana with an estimated net worth of $200,000. 10. It governs 51% of its shares while the rest is owned by individuals. Fan Milk Ghana Limited is a company that manufactures and distributes fruit-based and dairy products. A large volume of its products is exported to Asia, America and the European Union. [ November 10, 2020 ] Crypto Custodian Anchorage Gets SOC 1 Security Certification With Big 4 Auditor EY Crypto News [ November 10, 2020 ] ... Home Bitcoin Frauds And Crimes TOP TEN RICHEST KIDS IN GHANA TOP TEN RICHEST KIDS IN GHANA. Mr. Lithur is a sound advocate and negotiator who has advised and assisted a variety of clients both individual and corporate, local and international on various aspects of law. Charles Ampofo. ... (2020) Top 20 Richest Men in Nigeria (2020, Forbes) Richest Doctor in Nigeria in 2020 & Net Worth (Forbes) So in this article I will be sharing with you the top 5 most richest kids in Ghana and their net worth. Sir Sam Jonah. Likewise, it is the only company authorized to deal out mobile phones in all the MTN sales stores in Ghana. Top 5 Richest Women in Ghana (2020) March 10, 2020 by PGadmin. The company exclusively maintains the right to distribute MTN products in Accra. India’s real GDP growth, however, is expected to weaken for the third straight year from 7.5% to 5%. It not only contributes to the country’s GDP but also creates employment. Nabil Edmond Moukarzel. The Bank of Ghana (Ghana’s regulatory banking authority) endorsed the sale of The Trust Bank (TTB) to Ecobank Ghana in 2011. The company boasts over 800 employees within Ghana and it spans its operations beyond Ghana with branches in 5 African countries. Hopefully, they will still retain their top ten positions. In 2012, Scancom Ghana’s annual turnover measured up to 6% of Ghana’s GDP. Total Petroleum Ghana Limited is an international company that saw a market gap in Ghana and decided to seize the opportunity. Net Worth: $6.9 million. Following a change of leadership and loan policies, their economy took a turn for the better, and the list of richest companies in Ghana is now getting longer. Precisely, it was established in 1953 as the Bank of the Gold Coast. 4. In this article we look the women using their brilliant minds to make fortunes for themselves thus the Top 10 Richest Women In Africa For 2020. Across Ghana, there are more than 220 service stations owned by Total Ghana. It still continues to rise over the years. Sarkodie (Ghana) The hiplife/hip-hop star was named among Forbes Africa’s ‘Top 10 bankable artistes in Africa’ due to his record sales worldwide, streaming figures, features, performances and more. Ever since it has succeeded in spanning branches throughout Ghana. 1. He is the richest pastor in Ghana. The General Overseer of the Christian Action Faith Ministries, Archbishop Nicholas Duncan-Williams sits comfortably at the top with the worth of $6.9m. The wealthiest businesses operating in the country include: With technology increasingly becoming a major part of our lives, Ghana’s early entrepreneurs in telecommunications stay smiling all the way to the bank. The widespread of multi-billion Ghanaian companies in key sectors (such as banking, oil & gas, agriculture, foods and beverages, telecommunications, etc.) This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Besides helping the bank increase its branch networks, this acquisition boosted the bank’s assets and pushed the bank [Ecobank Ghana] ahead of other Ghanaian banks in terms of assets. In Ghana, Fan Milk is unarguably the biggest player in its line of business but the company’s revenue portfolio and its market share are facing competition due to the constant rise of new ice cream companies. READ ALSO: Top 5 companies that employ many people in Ghana. Besides the retailing of allied products and services, Total Ghana engages in the sale of various aviation fuel and road transport products. Luckily, this merger has given Guinness a clear-cut edge over its contenders in the brewing industry. The Ghana music industry is a booming one, and music is now seen as a lucrative career by so many talented youths in the country. It was previously known as Ghana Commercial Bank. Top 15 Richest Ghana Actors/Actresses And Their Net Worth January 10, 2016 by Kelly Davies 2 Comments Richest Ghana actors/actresses, this is the list of Ghanaian actors and actresses that have make name and money for themselves in Ghanaian entertainment industry. Estimated as of December 2012, TPGL has whopping assets worth over 300 million cedis plus annual turnover exceeding 300 billion Ghana cedis. As of the end of 2019, they posted 340 million GHS in revenue, with about 11 million in assets. They are various gifted performers in Ghana who presently rank stunningly when compared with that from other African nations like Nigeria and South Africa. Ecobank seems to have thrived substantially in Ghana owing to the fact that Ghana has a lucrative and suitable banking atmosphere. The widespread of multi-billion Ghanaian companies in key sectors (such as banking, oil & gas, agriculture, foods and beverages, telecommunications, etc.) Also, its products are aimed at both local consumption and importation. As of 2019, the company posted an increased profit in its annual financial report. As for the end of 2019, the company recorded a 116 % profit increase of up to $616 million with a total revenue shooting to 6.7 billion. READ ALSO: Top 10 private companies in Ghana. November 9, 2018 admin Bitcoin Frauds And Crimes 28. As of 2019, they posted about $414 million in revenue. clarifies that Gh is on a reasonable path of national development with substantial growth in GDP. It jumped from number 89 in 2008 to number 1 in 2010 on the list of richest companies in Ghana. Tiwa Savage born on 5th Februray 1980 is a Nigerian singer, songwrite and actress. Michael Ibrahim Mahama. Ghana has scored of highly established talent, especially in … Ghana National Petroleum Company is one of the few that are state-owned. Yvonne Nelson is a model, actress, film producer, and businesswoman. The government controls 21% of the bank's shares while the rest is owned by the public. Up until recently, Total has also tried their hand in offering car servicing. You may also note that the majority of the top richest companies in Ghana trace their wealth from the three aforementioned sources. After being harvested, the palm is set for further processing. They are kid celebrities in Ghana that are very talented and have become very popular due to their crafts and acts. Today, the company is denoted with the trade name ”GCB” on the Ghana Stock Exchange. Your email address will not be published. 1. The company contributes greatly to the Ghana economy posting over 400 billion Ghana cedis in 2019 alone. With this growth, several people have also seen their personal fortunes multiply. TOP 10: Meet the 25 Richest Men, African Billionaires 2017 TOP 10: 2017 Battle of Ghana’s Big Booties Revealed – Pictures Top 10: Most Influential Actors & Actresses In Ghana of 2016 Mr. Koffi Wayo Top ten richest pastors in Ghana 2020 1. Top 5 Richest Women in Ghana 1. Top 10 Richest Women In Ghana 2020 The richest women in Ghana 2020 – On Ghana’s wealth ladder, male business magnates seem to be making the most progress in terms of wealth acquisition. Top 10 Richest Companies In Ghana 2020 – By virtue of its blossoming economy, Ghana has become one of the African countries that attract foreign investors from Asia, Europe, and other continents. Currently, Abraaj Capital is the largest stakeholder in FML whose products are divided into two major categories being (i) fruit-based products, and (ii) milk-based products. Michael Ibrahim Mahama. This is one of the most interesting topics in the world of soccer Top 10 Richest Footballers In South Africa [ Shabba is 3rd ] | Soccertopten Though a waste management company, Zoomlion is by far one of the richest private companies in Ghana. Since 2007, Scancom has been one of the biggest telecommunication corporations in South Africa. Sir Sam Jonah. Ernesto Tarricone. Ibrah One is also gaining his fame in Ghana by the day through his obsession with expensive luxurious cars. By virtue of its blossoming economy, Ghana has become one of the African countries that attract foreign investors from Asia, Europe, and other continents. So, which is the richest companies in Ghana? While their net worth remains unknown, they had a net income of $780 million during the start of 2020. Top 10 Richest Actress In Ghana 2020 Yvonne Nelson 1. Their innovative spirit saw them post an 8% increase in sales and $120 million in assets in the year 2019 alone. In a bid to stay afloat following the many challenges facing the global oil industry, GOIL now supplies aircraft fuel. In May 2013, an agreement was reached by its shareholders to change its name to GCB Bank Limited from the previous Ghana Commercial Bank Limited. The company has a fixed staff force of about 300 people and another 1000 people from their four subsidiaries. Produce Buying Limited holds the record for most improved. In a bid to keep in tune with the changing trends and avoid business failure, Ghana Breweries and Guinness Ghana formed a merger in 2000 hence the birth of Guinness Ghana breweries limited. READ ALSO: List of IT firms in Ghana and their contacts, Leave your email to receive our newsletter, Get the news that matters from one of the leading news sites in Ghana, Drop your mail and be the first to get fresh news, Starbow Airlines contact, login, recruitment, List of International banks in Ghana 2020, Free SHS: Ghanaian house boy gets scholarship to pursue his dream of becoming a lawyer, Tracey Boakye speaks on alleged leaked convo between her and Mzbel over Mahama; exposes those behind it, Papa No: New audio of Tracey Boakye fighting Mzbel over Mahama leaks; bedroom secrets spilt, Election 2020: Akufo-Addo's bodyguard boldly stops 'ahosheshe' Samini from raising his hand on stage in video, McBrown speaks after recent accident and painful surgery, Vote for Nii Lante Vanderpuye - Nana Addo mistakes NPP's parliamentary candidate for NDC's, Dr Sledge: Ghanaian millionaire gifts wife luxury Rolls Royce worth GHS1.9m for her b'day, Ghana Facts Life Hacks DIYS and Practical Tips, Think-tank raises alarm over bills, Ghanaians abroad send less money home and more news. Of all the acquisitions and name changes it has experienced, the latest was when Mobil Ghana was acquired by the French oil giant and changed to Total Ghana Petroleum. Zoomlion Ghana Limited is a leading Ghanaian-owned company in the business of waste management. Produce Buying Company is government-owned and started as a subsidiary of the Ghana Cocoa Board. Founded around the early 2000s, Zoomlion Ghana Limited has earned massive recognition for its unrivaled sophistication in waste management in Ghana. Anyway, the following are estimates of the wealth of the 10 richest men in Ghana: 10. ... Our list of the Top 5 richest women in Ghana will provide you with the biography and net worth of these ladies. Tullow attributes its 74% success rate in drilling to its heavy investment in geographical equipment. Over the years, Ghana has fallen subject to corruption, natural disasters, and mismanagement of funds. Out of the 7.8 billion populace that makes up the world, only a handful of visionaries with lionized work ethics, breakthrough ideas, and absolute commitment to their companies morph into legendary compartments. Importantly, the company produces both non-alcoholic and alcoholic beverages of various sorts. When the company opened its branches in Ghana, they have continuously realized great profits margins. Ever since, the company has experienced acquisitions, mergers, and name changes. Both in terms of consumer base and revenue generation, GGBL has recorded a substantial upswing, making it one of the largest companies in Ghana. Sitting in the top position is Charles Ampofo. Olam Ghana Limited is the Ghanaian subsidiary of Olam -a global company concerned with the exportation of agricultural products. Ecobank Ghana Limited is the Ghanaian unit of Ecobank Group -the Pan-African bank with business coverage in other 33 African countries and headquarters in Lome, Togo. Top 10 Richest Fuji Musicians In Nigeria (Updated 2020) Current Price Of PS4 In Nigeria (Updated 2020) Sweet Sixteen: Possible Questions And Answers For JAMB 2020; MTN Night Plan: How To Activate & Check Balance (2020) Top 10 Richest Comedians In Nigeria & Their Networth (2020) Richest Women In Nigeria 2020 (Top 10) Top 10 Richest Musicians in Nigeria 2020 and Their Net Worth 2020. As of 2020, Ghana has the 9th largest economy in Africa and the largest economy in West Africa. 3. This makes them one of the richest oil companies in Ghana. Since then, it has maintained its position among the top ten following its success in handling and processing of cocoa, shea nuts, coffee, and hospitality industry. Forbes, a well known American based business magazine have recently released a list of the top 10 richest musicians in Ghana for the year 2020. With branches in all the 103 coffee-growing areas in the country, they provide a lot of people with employment hence improving the economy. During the end of the 2019 financial year, their total revenue of $1682.6 million dollars and a net income of $1694.1 million dollars. The company is owned by both the Ghanaian government and the combination of individual and institutional investors within and outside Ghana. However, this doesn’t erase the fact that female business magnates her also tapping their own portions of the country’s substantial wealth. 2017 Grateful Grads Index: Top 200 Best-Loved Colleges Full List: The World's Highest-Paid Actors And Actresses 2017 Meet The Richest Self-Made Women On Wall Street 2017 The country was on a downward spiral before the World Bank stepped in and awarded it a debt relief under their heavily indebted poor country initiative. Its origin dates back to the era of pre-independence in Ghana. The country is yet to have one of their own in Africa’s top ten richest men, a list dominated by Nigerians, South Africans, Egyptians, and Moroccans. This oil marketing company specializes in lubricants, LPG, diesel insecticides, bunker fuel, etc. He is currently regarded as the richest Ghanaian and has earned a ... 2. Scancom (MTN) offers voice services, mobile data and internet, MTN Mobile Money, and MTN Business Solutions. As of 2020, Ghana has the 9th largest economy in Africa and the largest economy in West Africa. Despite the Pandemic’s grip on the world’s majority, these legends manage to keep their finances solid and as Paul Van Der Merwe once […] Mercedes Benz Sls Amg, Bently, Porche Panamera G- Wagon, Ferrari, Audi … The company is among the few firms in the industry, making a considerable fortune in Ghana. Year after year, the company experienced a favourable increase in turnover. The love Ghanaians show for beverages (including alcohol) has contributed in no small measure to the towering fortune of this brewing company. Meanwhile, Ecobank Ghana sacrificed the estimated sum of GHc 220 million for the acquisition. Besides dominating a large portion of West Africa’s palm oil market, BOPP commands influence as the biggest player in Ghana’s palm oil market. You may also note that the majority of the top richest companies in Ghana trace their wealth from the three aforementioned sources. {, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window). Patricia Poku-Diaby (Net Worth: $720 million) Ghana has a market-based economy with relatively few policy barriers to trade and investment in comparison with other countries in the region, and Ghana is endowed with natural resources. He is also the 67 th richest person in the world.. Dangote has investments in Nigeria as well as countries like Benin, Ethiopia, Senegal, Cameroon, Ghana, South Africa, Togo, Tanzania and Zambia. Over the years, Ghana has […] In this post, we will start from the 10th richest musician and we will gradually count down to the number one on the list. 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