Leasafric Ghana Limited

Address

Phone
0540829366

LEASAFRIC GHANA LIMITED is a non-bank financial institution duly licensed under the PNDC Law 328 (The Non-Bank Financial Institution Law) and regulated by the Bank of Ghana. The Company has been in operation since 1994 and its core business is financing equipment and vehicles to companies and individuals. The shareholding of the company has evolved over the years.

Ghana Venture Capital Fund, which initially held 20% of the shares came to term and sold out in August 2003. In December 2004, another investment fund Aureos West Africa Fund bought into the company to take a 51.28% stake, pushing the founding shareholders into minority position. Some shareholders exercised their share warrants in September 2006 which bought the Aureos holding to 48.06%.

In August 2007, Aureos West Africa Fund and Ecobank Ghana Ltd, holding between them 59.05% shares, sold their shares to C & I Leasing Plc, Nigeria. Aureos West Africa Fund subsequently bought out other shareholders totalling 17.58%. In April 2012, C & I Leasing Plc has increased its majority position as Aureos West Africa has sold all shares.