| Company type | Private Conglomerate |
|---|---|
| Industry | Investments |
| Founded | 1995 |
| Headquarters | Accra, Ghana |
Key people | Joseph Siaw Agyepong Executive Chairman |
| Products | ICT, sanitation, insurance, banking, real estate, domestic services, manufacturing, construction, automobile sales, logistics, agriculture, agro-processing etc. |
| Website | Homepage |
The Jospong Group of Companies, commonly referred to as the Jospong Group, is a privately owned conglomerate in Ghana. Joseph Siaw Agyepong, a Ghanaian businessman, is the founder of the group and is a shareholder in each of the companies in the Group. He serves as the executive chairman of the group. [1] [2]
As of January2025, Jospong Group is a "diversified holding company", with active subsidiaries in Africa and Asia. The group has interests in at least 14 economic sectors with majority of activity in waste management. [1]
With over 60 subsidiary companies, the group subsidiaries are grouped into five clusters. The group's business affairs are controlled by an Apex Board. Each of the five business clusters are overseen by a chief operating officer (COO), with an Apex COO overseeing all five clusters. [1]
The group started as a printing press circa 1995, according to Ghanaian sources. [1] Zoomlion Ghana Limited, which initially focused on waste management services, is one of the earlier companies to be established. The group continued to diversify and as of March 2024 it comprised over 60 diverse companies. The group's businesses include waste management, construction, real estate, logistics, finance, and manufacturing among others. [3]
Administratively, the group's businesses are grouped into the following five clusters: [1]
This is the largest cluster, accounting for 60 percent of the group's operations. [1] The Group collaborates with other entities in the Africa, Middle East and Asia regions, in the sectors of water supply and sanitation. [4] [5]
This is the second-largest cluster and is responsible for 16 percent of group profits. [1]
This cluster comprises 13 subsidiary companies as of February 2023. [1]
The subsidiary companies in this cluster include (a) Melchia Investment Centers (b) Subah Infosolution (c) DocuPro and (d) Data Bank. [1]
The Jospong Group is an investor in OmniBSIC Bank, Millenium Insurance, Cosmopolitan Insurance, Union Capital and two other financial services companies. [1]
In February 2024, the Lagos State government signed a memorandum of understanding (MOU) with the Jospong Group for the latter to handle the solid and fluid waste generated in the state. Lagos State, with a population of approximately 17.6 million inhabitants generates an estimated 13,000 tonnes of solid and liquid waste everyday according to the Lagos Waste Management Agency (Lawma). [6] [7]
On 8 October 2024, Kabuye Kyofatogabye, the Ugandan state minister for the capital city authority (KCCA), symbolically handed over the Kiteezi Landfill to Joseph Agyempong, the executive chairman of the Jospong Group so that the group would start a recycling and fertilizer plant at the site. Physical work is expected to begin in March 2025. [8] [9]
In March 2024, Jospong Group signed an agreement with VinFast, a Vietnamese manufacturer of electric automobiles, assigning Jospong as the exclusive distributor of those vehicles in Ghana and West Africa. [10] [11]
The group, together with Harvard University conduct a summer program referred to as the "Jospong Internship Program", lasting eight weeks from early June until early August. The competitive program is open to Harvard undergraduates in either Year 3 (Juniors) or Year 4 (Seniors). [12]
G-Day is a series of large-scale events held by Google in Latin America, Middle East, Africa and India for developers, tech enthusiasts and entrepreneurs. It started as a part of the G-Africa Initiative that was expanded to Latin America countries in 2012. These events typically lasted for two days, split into the developer day and the business day with the aim of showing them how to leverage Google tools in taking advantage of the opportunities offered by the Internet and mobile.
Guaranty Trust Holding Company PLC also known as GTCO PLC is a multinational financial services group, that offers retail and investment banking, pension management, asset management and payments services, headquartered in Victoria Island, Lagos, Nigeria. GTCO Plc was created in July 2021 following the corporate reorganization of Guaranty Trust Bank PLC into a Holding Company.
Guinness Ghana Breweries is a Ghanaian brewery founded in 1960. It is located at the Kaase Industrial Area in Kumasi.
African Export–Import Bank, also referred to as Afreximbank or Banque Africaine d’Import-Export, is a pan-African supranational multilateral financial institution created in 1993 under the auspices of the African Development Bank. It was officially launched at the first general meeting of the shareholders in Abuja, Nigeria, in October 1993. It is headquartered in Cairo, Egypt
Guaranty Trust Bank (Uganda), commonly referred to as GT Bank Uganda, is a Tier II credit services company in Uganda. It was previously licensed as commercial bank by Bank of Uganda, the central bank and the national banking regulator of that country. The Bank of Uganda gave GTBank Uganda from 1 April 2024 until 30 June 2024 to transition from a Tier I commercial bank to a Tier II credit company, due to capitalization issues.
United Bank for Africa Uganda Limited, also UBA Uganda, is a commercial bank in Uganda. It is licensed by the Bank of Uganda, the central bank and national banking regulator. UBA Uganda is a subsidiary of the United Bank for Africa, headquartered in Lagos, Nigeria, with a presence in twenty African countries, the United Kingdom, France, and the United States. The stock of UBA Transnational trades on the Nigeria Stock Exchange under the symbol UBA.
Agbogbloshie was the nickname of a commercial district on the Korle Lagoon of the Odaw River, near the center of Accra, Ghana's capital city in the Greater Accra region, before it was demolished by the Ghanian government in 2021. Near the slum called "Old Fadama", the Agbogbloshie site became known as a destination for externally generated automobile and electronic scrap collected from mostly the western world. It was a center of a legal and illegal exportation network for the environmental dumping of electronic waste (e-waste) from industrialized nations. The Basel Action Network, a charitable non-governmental organization based in Seattle, has referred to Agbogbloshie as a "digital dumping ground", where millions of tons of e-waste were processed each year.
Mpererwe is a neighborhood in the city of Kampala, Uganda's capital city. Sometimes it is spelled as Mpereerwe.
Margaret Mhango Mwanakatwe is a Zambian politician who was the Minister of Finance from 14 February 2018 to 14 July 2019. She worked previously as a businesswoman, accountant, and bank executive. She was the director for business development in Anglophone Africa at the United Bank for Africa at the bank's headquarters in Lagos, Nigeria. In this role, she supervised business development in Cameroon, the Democratic Republic of the Congo, Ghana, Kenya, Liberia, Mozambique, Tanzania, Uganda, and Zambia. Before that, she served as the managing director and chief executive officer of the United Bank for Africa Uganda Limited from March 2009 until May 2011.
Industrial and General Insurance (IGI) is a Nigeria insurance company and is a major provider of insurance and risk management services in West Africa. It has subsidiaries, in Ghana, the Gambia, Rwanda and Uganda and a representative offices in London and Washington, DC.
Bank of Africa Ghana Limited, also referred to as BOA Ghana, is a commercial bank in Ghana. It is one of the commercial banks licensed by Bank of Ghana, the central bank of Ghana, and the national banking regulator. the bank has 33 branches in 2015.
Africa World Airlines Limited (AWA) is a Ghanaian airline company that was incorporated in 2010 and commenced flights in 2012. It has its head office in Airport City Accra, and its main hub at Kotoka International Airport in Accra.
Joshua Kwabena Siaw, popularly known as J. K. Siaw, was a Ghanaian industrialist and philanthropist, who in 1969 established Tata Brewery Ltd. – now known as Guinness Ghana Breweries, also as Achimota Brewery Company (ABC). He is notable for opening the largest wholly African-owned brewery company in West Africa in 1973. In 1979 all his assets were confiscated by the AFRC regime of Ghana under false allegations of tax evasion. He died in London, in exile, in October 1986.
Ecobank Kenya is a commercial bank in Kenya. It is one of the commercial banks licensed by the Central Bank of Kenya, the central bank and national banking regulator.
Tirupati Group Limited (TGL) is a privately owned real estate development and construction company in Uganda. Tirupati Group Limited provides development funding and also constructs its own buildings.
Herbert Amponsah Mensah is a Ghanaian businessman, sports administrator, and the President of World Rugby’s African association, Rugby Africa, the governing body of Rugby in Africa.
Thomas Swaniker is a leading Ghanaian entrepreneur and philanthropist. He is the founder and executive chairman of Svani Group, an automotive conglomerate, as well as a founder and Chairman of the Advisory Board of Fidelity Bank, a growing international financial institution.
The Armech Thermal Power Station (ATPS), is a planned waste powered electricity power station in Ghana, with a proposed installed capacity of 60 megawatts (80,000 hp).
Absa Bank Ghana Limited (ABGL), formerly known as Barclays Bank of Ghana Limited, is a commercial bank in Ghana, licensed by the Bank of Ghana, the country's central bank and national banking regulator. ABGL is a subsidiary of Absa Group Limited, a financial services conglomerate, headquartered in South Africa, with subsidiaries in 12 African countries and with assets in excess of US$87 billion as of 30 June 2017. Absa Group's shares trade on the Johannesburg Stock Exchange under the symbol ABG.
The Kiteezi Landfill, also known as the Kiteezi Rubbish Dump, is a solid waste disposal site in Uganda. It is the main solid waste disposal site for the capital city of Kampala, with a projected metropolitan population of approximately 4 million people, as of 2024, serving the homes, businesses and industries of that metropolis.
