Deal #6620

Ghana

Created at

2018-11-26

Last update

2024-02-22

Last full update

2024-02-22

Operating Company

Operating company

Actors involved in the negotiation / admission process

Republic of Ghana Government / state institutions (government, ministries, departments, agencies etc.)

Name of investment project

Komenda Sugar Factory

Comment on investment chain

Seftech India technical advisor and providing training. The sugar factory collapsed and it was inaugurated by the erstwhile John Mahama government in 2016.This was made possible by a loan facility of 35 million dollars from an Indian EXIM Bank. A partnership agreement was signed with a Ghanaian-Indian company, Park Agrotech Ghana Limited, expected to pump some $28 million into the project to revive it. The Ghana-based company is a subsidiary of the Skylark Group of Companies of India, one of the largest integrated farming businesses in India. Agrotech Ghana Limited might have pulled out in 2021, as a data source mentions the strategic investor pulled out, but we can not confirm it was Agrotech.

Network of parent companies and tertiary investors/lenders

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