List Of Multinational Companies In Ghana As Of 2021 [You Need To Know]
Are you looking for a list of Multinational Companies In Ghana? If yes, then this informative article is for you. You will be given detailed information about the List of Multinational Companies In Ghana As Of 2021.
The history of multinational corporations in Ghana reveals that most of these companies originate from Europe and America. There were 37 more American companies in Ghana between 2011 to 2016. The government is transforming the local economy into an export-led economy to nurture local companies into multinational businesses. A strategic export-led economy exposes local investors to international trade initiatives like the Economic Partnership Agreement (EPA) and the African Growth and Opportunity Act (AGOA).
What Are The Top 10 Multinational Companies In Ghana?
Foreign companies’ branches must have the country’s name regardless of their parent companies’ country of origin. For example, MTN Ghana and Ecobank Ghana Limited. Below are the best multinational companies in Ghana:
1. Coca Cola
Everyone in the world knows this global soft drink brand, thanks to how heavily they invest in marketing and advertising. The plastic bottling and sugar-free versions as popular as their other products.
2. MTN
MTN dominates the nation’s telecommunication industry because it is a pioneer media transmission and telecommunication service company. Some of the innovative services that help it outshine its rivals include MTN Mobile Money services and customer reward points.
3. KPMG
KPMG, one of the big four accounting firms worldwide, is a combination of accounting and auditing firms that offer professional services to over 147 countries. KPMG Ghana has more than 500 employees.
4. Olam Limited
Investing in this country helped Olam to become an agribusiness giant worldwide. Olam is the leading food and industrial raw materials supplier globally, from cocoa, cashews, coffee, and rice, to over 19,800 countries in the world. However, the company is not listed on Ghana Stock Exchange.
5. Total Petroleum Limited
Total petroleum, a Total Group branch, is a pioneer oil and gas company in the world and the first international company in Ghana. It was established in this nation over 50 years ago, and it records more than 3 billion Ghana Cedis annual turnover yearly.
6. Ecobank Limited
Ecobank is exceptionally beneficial in the country’s financial sector. It is a local unit of the Pan-African bank, Ecobank Group. Ecobank Group’s headquarters are in Lome, Togo, and it has branches in over 33 African nations. The bank began operating in the country in 1990 and procured TTB (The Trust Bank) for GHC 220 million in 2011.
7. Benso Oil Palm Plantation Limited (BOPP)
The government-owned company processes palm oil and related products like RBD palm oil and vegetable oil. It is the largest palm oil producing company in West Africa and exports its products to Europe, America, and Asia. Moreover, BOPP expanded its investments into the oil refinery business and oil mixing.
8. Fan Milk Limited (FML)
The company makes a fortune out of various milk desserts, including yogurts, organic citrus drinks. Their drain-based and natural milk products are natives’ favorite food. Abraaj Capital, a Dubai-based financial specialist, began controlling FML’s international operations after obtaining 56.6% of its shares. The takeover enabled the company to meet the market requirements of the country’s milk industry.
9. Guinness Breweries Limited (GGBL)
GGBL capitalizes on the locals’ rich drinking culture; hence top companies in Ghana that invest in alcoholic refreshments experience quick success. Guinness breweries produce and sell both alcoholic and non-alcoholic drinks.
10. Unilever
It is among the top European companies in Ghana since it was established on 14th July 1992. Unilever’s headquarters are in London and Rotterdam, and it has extended branches to over 190 countries worldwide. The company makes food and beverages, beauty products, cleaning agents, and personal care products.
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