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>Employee Outsourcing Part - III
Posted by leasafric02 on December 24th, 2017
LEASAFRIC GHANA LIMITED 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
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founder Leon Draisaitl Youth Jersey , 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 Ryan Nugent-Hopkins Womens Jersey , 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 Oscar Klefbom Womens Jersey , Nigeria. Aureos West Africa Fund subsequently bought out other shareholders totalling 17.58%. Aureos West Africa Fund sold
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