Ghana

SUBSIDIAIRY NAME COUNTRY SECTOR/INDUSTRY OWNERSHIP % ACQUISITION DATE ACQUISITION VALUATION TOTAL ASSET VALUATION
AFUM QUALITY LIMITED GHANA PORT 51% IIB-DG MAR 19,2021 330 MILLION USD 3.3 BILLION USD
TAIN WATER GHANA LIMITED GHANA INFRASTRUCTURE 70% IIB-DG APR 26, 2022 500 MILLION USD 5 BILLION USD
TRADEZONE INTERNATIONAL FOODS LIMITED GHANA AGRICULTURE 70% IIB-DG MAR 12, 2022 130 MILLION USD 1.3 BILLION USD
FRECOM GHANA TELECOMMUNICATION 70% IIB-DG MAY 13, 2022 30 BILLION USD 300 BILLION USD

ENERGY, OIL REFINERY, and GAS

TAIN WATER GHANA LIMITED: IIB acquired TAIN WATER GHANA LIMITED on April 26, 2022, to Construction of a Weir Dam on the Black Volta River at New Longoro, Bamboi, downstream of the Bui Hydro-Electric Power Dam in Ghana; Water sourced will be piped and transmitted to Sekondi-Takoradi through Bamboi-Wenchi –Sunyani-Kumasi-Cape Coast and Sekondi-Takoradi, about 600km route. Water Treatment Plants and boosters shall be provided along the transmitting Pipeline to treat water and sell it to Ghana Water Company for local distribution and also bottled for export. Part of the raw water will be used for irrigation and livestock farms sited on acquired lands along the Pipeline. The road will be constructed on the side of the Pipeline to protect and maintain the Pipeline. Gas Powered Electricity Generating Plant shall be constructed to service the system to avoid reliance on the National electricity grid.

FOOD

TRADE ZONE INTERNATIONAL FOODS LIMITED: Tradezone International Foods Limited (TIF) is desirous of setting up a vertically integrated commercial broiler raising and processing plant located on two (2) sites in the Akuapem area of the Eastern Region of Ghana. The plant will have a maximum capacity of 200,000 dressed broilers per week to help close up the identified deficit between national production and consumption. TIF recognizes importers of these processed, low-cost chicken products as its main competitors. TIF intends to compete against the importers of chicken by selling at competitive prices (considering the cost factors of production, overheads, contingencies, market trends, and demand) and emphasizing the freshness and tastiness of its products, and highlighting its superior customer service.

Contact Information

  • Global Headquarters: WASHINGTON
    1050 Connecticut Ave. NW, 10th Floor
    Washington, District of Columbia 20036
    United States of America
    Phone: 571-207-0211
    Fax: 202-217-4050
    info@iibdevelopmentgroup.com
  • Harare Office
    5th Floor, Shanda House,
    17 Park Street
    Postal Address
    P.O. Box ST 523,
    Southerton,
    HARARE
    Tel:+263 (4) 706-762 / 252-224 / 752-616
    Fax:+263 (4) 250-539
    Cell:+2637-1240-0523 / 912-571-317
    info@cnmybj.co.zw
  • Bulawayo Office
    3rd Floor, Fidelity Life Centre,
    Cnr 11th Avenue/Fife Street
    Postal Address
    P.O. Box FM 254,
    Famona
    BULAWAYO
    Tel:+263 (9) 75-709 / 75-719
    Fax:+263 (9) 75-719
    cnmybjbyo@gmail.com

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