Dzata Cement Ltd: The Ibrahim Mahama-Backed Indigenous Giant With a 2 Million-Tonne Dream—and the $21 Million Import Engine to Match
From a 2015 founding on a 10-acre plot near the Tema Port to a fully-owned…
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CIMAF Ghana (Ciments de l‘Afrique): The Moroccan Challenger That Built a 2.3 Million-Tonne Fortress in Ghana‘s Cement Market
From a 2016 entry that broke the Ghacem-Dangote duopoly to a 2023 expansion that doubled…
Sol Cement (Wan Heng Ghana Ltd.): The Chinese-Funded Challenger Fighting for Survival and Legitimacy in Ghana‘s Cement Market
From its establishment as a Chinese-funded grinding plant in Tema to a 2023 GH¢700 million…
Bright Cement Ghana Ltd.: The 900,000-Ton Greenfield Challenger With a GH¢700 Million Parent and a Mission to Democratise the Industry
From a 2022 greenfield project born from the Ghanaian-owned construction conglomerate Greenhouse International Development Group…
Ghacem Ltd: The 58-Year-Old National Champion Cementing Ghana‘s Future—One Billion Bags and a Green Revolution Later
From a 1967 joint venture that produced its first bag of cement to a 2025…
SAS Asset Management (SAS Finance Group): The Togbe Afede-Backed Investment House Behind One of Ghana‘s Best-Performing Mutual Funds
Founded in 1994 by the Paramount Chief of Asogli, a former Bank of Ghana board…
UMB Capital Ltd.: The 1975 Stockbroking Pioneer Reborn as a Multi-Subsidiary Asset Management Powerhouse
From its 1975 founding as UMB Stockbrokers—a pioneer dealer on the Ghana Stock Exchange—to its…
Black Star Advisors Ltd: The Wall Street-Backed Boutique That Puts Ghana‘s Equity Funds in the Spotlight
From a 2007 founding by investment bankers with JP Morgan and Solomon Smith Barney pedigrees…
Merban Capital (Ghana) Ltd.: The Boutique Investment Firm Punching Above Its Weight in Ghana‘s Policy Debate
From a 2005-licensed stockbrokerage with roots at Merban House on Kwame Nkrumah Avenue to a…
InterMarket Asset Management Ltd. (Formerly CDH Asset Management): The Post-Restructuring Asset Manager Seeking Redemption
Once a subsidiary of the CDH Financial Holdings group with a pioneering balanced fund, the…