Capital Market Can Fund Ghana’s Next 200-Year Companies — GSE
For decades, many Ghanaian businesses relied on personal networks, family structures, and informal financing to grow and survive. Today, however, scaling beyond founders and sustaining businesses across generations requires access to structured, long-term capital.
The Managing Director of the Ghana Stock Exchange (GSE), Ms Abena Amoah, says the capital market provides that pathway, enabling companies to finance growth, manage succession, and build enduring enterprises. She made the remarks after CalBank PLC successfully raised GH₵1.16 billion from the market, a development she said reflects strong investor confidence in credible and well-prepared issuers.
According to Ms Amoah, the transaction demonstrates the capacity of Ghana’s capital market to mobilise long-term funding when issuers adopt transparent structures and sound execution, positioning it as a practical option for companies entering their next growth phase.
She encouraged businesses considering expansion, ownership transition, or regional and global scale to see the capital market as a strategic partner, noting that there is clear appetite for well-structured deals from quality issuers.
Ms Amoah said accessing the Exchange goes beyond fundraising, helping companies strengthen governance frameworks, enhance disclosure, and build investor trust.
She emphasised that disciplined preparation, clear communication, and strong advisory support are critical to successful capital raising, adding that these elements ensure transactions are delivered as planned.
Ms Amoah said the GSE remains committed to guiding issuers throughout the process, working closely with companies and media partners to support successful outcomes.
She concluded by urging more companies and institutions to emulate CalBank’s example, describing the bell-ringing ceremony as a reflection of growing confidence in Ghana’s capital market and its role in supporting corporate success.
