Leasafric Ghana Plc

Leasafric Ghana Plc company information, Employees & Contact Information

LEASAFRIC GHANA PLC was incorporated in March 1992 and commenced business in April 1994. The Bank of Ghana subsequently licensed it in August 1994 as a non-bank financial institution to carry out the business of finance leasing as its principal business. Leasafric has since then been running an Asset Finance business using the technique of finance leasing. The company was founded by a Ghanaian entrepreneur who pulled together a team of investors comprising a venture fund, two local banks, an insurance company and three other individuals to provide the start-up equity. The founder, Mr. Seth K. Dei initially held 15% of the shares and was for eleven years the Chief Executive of the company before retiring in March 2005. 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 brought the Aureos holding to 48.06. In August 2007, Aureos West Africa Fund and Ecobank Ghana Limited, 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%. Aureos West Africa Fund sold their shares of 17.58% to C & I Leasing Plc in March 2012. In June 2014 West Africa Emerging Markets Growth Fund bought shares. OUR VISION ” To become through innovation, the leasing and ancillary service company of choice for any discerning lessee in Ghana.” OUR MISSION ‘To provide customers with quality and ancillary service solutions to meet their unique needs, supported by appropriate technology, in accordance with world-class systems and procedures.’

Company Details

Employees
75
Founded
-
Address
No. 5 East Legon Tetteh Quarshie Interchange Legon Road, Accra,greater Accra P.o. Box Ct2430 Cantonments,ghana
Industry
Business Consulting And Services
NAICS
Management, Scientific, and Technical Consulting Services
Management Consulting Services
Other Scientific and Technical Consulting Services
Other Management Consulting Services
HQ
Accra, Greater Accra
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News

C & I Leasing Scales in Ghana with 71% Stake in Leasafric Logistics - Dabafinance

C & I Leasing Scales in Ghana with 71% Stake in Leasafric Logistics Dabafinance

C&I Leasing eyes 71.15% equity stake in Leasafric Logistics - Businessday NG

C&I Leasing eyes 71.15% equity stake in Leasafric Logistics Businessday NG

C & I Leasing to acquire 71.15% stake in Ghana’s Leasafric Logistics, seeks nod for N15 Billion bond issuance - Nairametrics

C & I Leasing to acquire 71.15% stake in Ghana’s Leasafric Logistics, seeks nod for N15 Billion bond issuance Nairametrics

Shareholders Okay C&I Leasing 71.15% Equity Stake in Leasafric Logistics - Business Post Nigeria

Shareholders Okay C&I Leasing 71.15% Equity Stake in Leasafric Logistics Business Post Nigeria

Yango partners Leasafric to expand footprints - The Business & Financial Times

Yango partners Leasafric to expand footprints The Business & Financial Times

Leasafric Ghana: The Biggest Leasing Company in Ghana Specialized in Finance and Operating Lease - MarcoPolis

Leasafric Ghana: The Biggest Leasing Company in Ghana Specialized in Finance and Operating Lease MarcoPolis

Yango and Leasafric collaborate to offer affordable vehicle financing for Yango partners in Ghana - MyJoyOnline

Yango and Leasafric collaborate to offer affordable vehicle financing for Yango partners in Ghana MyJoyOnline

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