Ghanaian fuel tycoon William Tewiah's ZEN stake gains $54 million in months
William Tewiah's ZEN Petroleum stake has gained $54 million since May to $392 million, but thin trading means the gain exists largely on paper.
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William Tewiah's ZEN Petroleum stake has gained $54 million since May to $392 million, but thin trading means the gain exists largely on paper.
Daniel Ofori's stakes in three Ghanaian banks are worth $81.8 million, led by a 6.56% holding in GCB Bank, whose shares have doubled this year.
The Adjei family holds 3.55 billion Kasapreko shares, about 86% of the Alomo Bitters maker, worth GHS6.28 billion or roughly $540 million.
Kasapreko PLC will list on the Ghana Stock Exchange on June 17 under ticker KPLC after its IPO raised double its GH¢700 million ($60.1 million) target.
William Tewiah's 80% stake in ZEN Petroleum is worth GHS 3.87 billion, making him Ghana's wealthiest individual stockholder, overthrowing Daniel Ofori.
William Tewiah left a career in London finance and drove his own fuel tankers to Ghana's gold mines. He built an empire doing it.
Ghana's Supreme Court has dismissed Ecobank Ghana's final legal attempt to avoid paying compound interest to investor Daniel Ofori in a dispute that began in 2008.
GCB Bank declared a GH₵1 per share dividend after Bank of Ghana approval, handing top investor Daniel Ofori a GH₵19.87 million ($1.66 million) payout from his 7.5% stake.
Ghana’s 2025 market rally reshaped the wealth table on the GSE. Here are 20 investors with the biggest disclosed listed stakes.
Ofori’s Société Générale Ghana stake climbs to $18 million after $13.2 million gain from share surge and cedi strength.
The surge in Ofori’s GCB Bank stake strengthens his position as the leading investor on the Ghana Stock Exchange (GSE).
Ofori is also the founder of Advance Ventures Limited, a top player in structural design and real estate.
Meet the 10 individuals who own the most substantial stock ownership positions on the Ghana Stock Exchange.
Despite the recent decline in the market value of his stake, Ofori remains the richest investor on the Ghana Stock Exchange.
The Ghana Stock Exchange provided outstanding profits to investors and other market players in 2020 and 2022.
The losses were due to a decline in the MTN Ghana share price.