This post is about the top 8 Best and Most valuable Companies in Ghana for the year 2023, via Afrokonnect.
First of all, What are the Ghanaian businesses that have left the most significant imprint on the country’s industrial economy?
This article will introduce you to 10 of Ghana’s most successful and well-known corporations.
With the exception of Sunon Asogli Power Plant,
All of these businesses have been established in Ghana for at least two decades,
Making them among the most prominent in the country.
Criteria Used to Rank the Ghanaian Companies
This ranking follows the format of the GIPC’s Ghana Club 100.
As stated by the Ghana Investment Promotion Center (GIPC),
The following criteria are utilized to establish a company’s final position on the Ghana Club 100 list (GC100):
Top 8 Best, Richest, Biggest and Most Valuable Companies in Ghana 2023
Now, let’s have a look at the list of the top 10 firms in Ghana;
1. MTN Ghana
MTN Ghana, Africa’s foremost telecommunications provider,
Is committed to delivering first-rate services across the continent in order to maintain its position as the industry leader.
In our view, having better means of communication will lead to more economic independence.
MTN offers a diverse selection of network services and is divided up into several different sectors.
Some are tailored to specific demographics to improve specific aspects of mobile use,
While others are aimed to make subscribers’ subscriptions more valuable.
Putting a grin on customers face is the goal of efficient and low-cost solutions.
MTN is aware that the most effective method for you to achieve a competitive advantage in a regional market is to provide a variety of market segments that cater to the lifestyles,
And financial circumstances of individuals,
Enabling you to take advantage of the best solutions and offerings that are on the market.
2. Kosmos Energy Ghana
With holdings in proven basins off the coasts of Ghana, Equatorial Guinea, and the United States Gulf of Mexico,
As well as a world-class gas development off the coasts of Mauritania and Senegal,
Kosmos Energy is a frontrunner in the deepwater exploration and production industry.
Kosmos was established with the intention of producing value for all of their various stakeholders,
Including their investors, employees, and partners,
As well as the governments and citizens of the nations in which they operate.
It is essential to accomplish this objective by conducting business in a manner that is secure, responsible, and ecologically friendly.
Best, Largest and Most Valuable Companies in Ghana 2023
Ghana Oil Corporation, sometimes known as GOIL, was established in June 1960 and is a state-owned Ghanaian oil and gas marketing company.
At the moment, it is in possession of the position of the leading oil marketing firm in Ghana,
It is the only indigenously-owned petroleum marketing corporation in Ghana.
The company’s name was changed to GOIL Company Limited in 2019 to better represent its diversification into new areas beyond the petroleum industry.
Selling and distributing petroleum products in Ghana is the core focus of the company.
The sale of gasoline and diesel fuel accounts for the lion’s share of this company’s revenue.
The marketing of high-quality petroleum and other energy products and services in a way that is safe, ethical, healthy, and environmentally friendly,
While also being socially responsible is one of the primary focus of GOIL’s goal.
4. Sunon Asogli Power Plant
Shenzhen Energy Group Company Ltd and the China African Development Fund, each hold 40% of the shares in Sunon Asogli Power (Ghana) Limited.
The Shenzhen Energy Group Company Limited owns 60% of the company, on a 50-acre plot of land in Tema, Accra,
The project is constructing a cutting-edge, highly efficient, ecologically friendly natural gas fuel combination cycle power plant.
Sunon Asogli Power Plant (Ghana) Limited took on the challenge of constructing a gas-steam combined cycle power plant with a capacity of 560 megawatts,
In order to help ease the intermittent power shortages that occasionally occurred in Ghana.
At the end of 2010, the 2100MW Phase I project was finished and ready for commercial usage,
The 2180MW Phase II project was formally placed into operation in February of 2017.
As the company emphasizes efficiency and safety as the enterprise spirit and is devoted to being a model in China’s overseas strategic investment,
It is expected that the yearly energy supply of the company would reach 3.1 billion KWH in a secure manner.
This accounts for approximately 25% of the nation’s total generation capacity in Ghana.
Sunon Asogli Power made the announcement that it intended to grow into Sierra Leone in March of 2021.
Within the next few years, the business intends to install between 20 and 50 MW of solar photovoltaic capacity in Sierra Leone.
Best and Most Valuable Companies in Ghana to work for in 2023
5. Total Petroleum Ghana
The Total Group, of which Total Petroleum Ghana PLC is a member, is the world’s fourth-largest publicly-traded integrated multinational Oil and Gas Company, operating in more than 130 countries.
History of Total’s business in Ghana spans over sixty-five years.
As Total Oil Products, the company made its initial foray into the Ghanaian market.
Since that time, Total has gone through a number of different transitions.
Through its subsidiaries Elf Oil and French TotalFinaElf, Total was able to acquire British Petroleum.
After this, Total and Elf merged their operations around the world,
Eventually, Total Outre-Mer purchased Mobil in Ghana, which led to the formation of Total Petroleum Ghana PLC.
The combination of this evolution and a profound respect for quality, standards, achievements, and safety has driven the Company to the forefront of the Industry.
On the Ghanaian market, The whole has a solid reputation as a brand name.
There are strategically placed offices of the company in many of the country’s main cities throughout all 16 regions.
6. Goldfields Ghana Ltd
By owning 90% of the Tarkwa and Damang gold mines, Gold Fields Ghana is one of Ghana’s largest private sector enterprises.
A free-carry interest gives the Ghanaian government ownership of the remaining 10% of the company.
The State Gold Mining Company handed the Tarkwa mine over to Gold Fields in 1993,
Gold Fields then purchased the Damang mine the following year.
Additionally, the firm acquired 45% of the Asanko mine in 2018,
Which is run by Galiano Gold, who also controls the remaining 45% of the mine.
The creation of jobs, the payment of taxes and royalties, investments in the local community and infrastructure,
As well as the expansion of local businesses are all ways in which Gold Fields makes a substantial contribution to the economic growth of the nation.
Gold Fields Ghana has over 10,000 people, and new tales are being written about the company every day in the mines, projects, offices, and communities that surround our activities.
7. Olam Ghana Ltd.
While Olam’s operations in Ghana began modestly in 1994,
They have grown to become one of the country’s preeminent agro-commodity suppliers.
In addition to holding the unique distinction of being one of the major private Licensed Buying Companies (LBC) in Ghana’s cocoa sector,
Olam is also the country’s leading exporter of cashews and one of the largest importers of rice.
This gives them a competitive advantage over their competitors.
Olam became one of the most successful millers in Ghana after the opening of a brand new, state-of-the-art wheat flour mill in Tema in the year 2012.
Olam Ghana also runs a facility to process and can tomato paste as well as a biscuit factory.
The Tomato Paste plant is one of the few in the world that can make cans and can food all under the same roof.
It also has one of the greatest installed capacities in West Africa.
Their biscuits have become the best-selling brand in Ghana.
- Top 10 Best, Biggest and Most Valuable Companies in Nigeria to work for
- Best Aviation Schools in Ghana: Fees and Requirements
- Ghana Police Recruitment: Apply now
Biggest, Best and Most Valuable Companies in Ghana 2023
8. Anglogold Ashanti Aduapriem
In June of 1998, AngloGold Limited was established through the consolidation of the gold mining interests that were held by Anglo American plc.
The corporate combination that took place on April 26, 2004, between AngloGold and Ashanti Goldfields Company Limited,
Resulted in the formation of AngloGold Ashanti Limited in its current iteration.
In important gold-producing regions, AngloGold Ashanti owns a wide variety of assets, including a wide variety of ore bodies.
Extensive exploration activities back up the company’s 19 operations,
Which are spread throughout nine countries (Argentina, Brazil, Colombia, Australia, Ghana, Guinea, Mali, Tanzania, and South Africa).
The business is managed on a regional scale, with separate divisions for the Americas, Australasia, Southern Africa, and Continental Africa.
The major listing for AngloGold Ashanti is located on the JSE Limited in Johannesburg.
Additionally, it is traded on the stock markets in the cities of New York, Australia, and Ghana.
Here are 5 things about AngloGold Ashanti that you probably didn’t know.
- The world’s third largest producer of gold and the greatest gold producer on the African continent;
Producing 3.047 million ounces of gold and employing an average of 36,952 people (including contractors).
- The company is traded on the stock exchanges in Johannesburg, New York, Australia, and Ghana.
- Shareholder base is geographically broad, and it includes some of the top financial institutions in the world.
- Total market value of over $9.4 billion
- Company is included in the JSE Top 40 Index, the S&P Global CSA Index, and the FTSE/JSE Responsible Investment Index Series.
Now that you’ve know the largest, Richest and most successful businesses in Ghana,
Would you like to start your own business? If yes, then here are lucrative business ideas and investments opportunities in Ghana.
Best and Most Valuable Companies in Ghana 2023
Ghana has so many companies that are doing great and creating jobs to the citizens,
In this article we tried to compile the biggest, richest and most popular companies to work for in Ghana.
So, let us know what you think via the comment section.
On that note, this brings us to the end of this article about the top 8 Best, Biggest, Richest and Most valuable Companies in Ghana to work for in the year 2023, via Afrokonnect.
Before you leave, here are the top 10 Best Hotels in Ghana just in case you find yourself in Ghana.