About Leasafric

About Leasafric

LEASAFRIC GHANA PLC was incorporated in March 1992 and commenced business in April 1994. The Bank of Ghana subsequently licensed it in August 1994 as a non-bank financial institution to carry out the business of finance leasing as its principal business. Leasafric has since then been running an Asset Finance business using the technique of finance leasing.

The company was founded by a Ghanaian entrepreneur who pulled together a team of investors comprising a venture fund, two local banks, an insurance company and three other individuals to provide the start-up equity. The founder, Mr. Seth K. Dei initially held 15% of the shares and was for eleven years the Chief Executive of the company before retiring in March 2005.

The shareholding of the company has evolved over the years. Ghana Venture Capital Fund, which initially held 20% of the shares came to term and sold out in August 2003. In December 2004, another investment fund Aureos West Africa Fund bought into the company to take a 51.28% stake, pushing the founding shareholders into minority position. Some shareholders exercised their share warrants in September, 2006 which brought the Aureos holding to 48.06.

In August 2007, Aureos West Africa Fund and Ecobank Ghana Limited, holding between them 59.05% shares, sold their shares to C & I Leasing Plc, Nigeria. Aureos West Africa Fund subsequently bought out other shareholders totalling 17.58%. Aureos West Africa Fund sold their shares of 17.58% to C & I Leasing Plc in March 2012. In June 2014 West Africa Emerging Markets Growth Fund bought shares.

The shareholders of the Company are: 
  • C & I Leasing Plc, Nigeria
  • West Africa Emerging Markets Growth Fund
  • Mr. Theodore Ebow Essandoh
  • Mr. Jude Kofi Bucknor
  • Employees Provident Fund

  • 70.89%
  • 16.0%
  • 8.45%
  • 4.40%
  • 0.26%
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Mission Statement

"To provide customers with quality and ancillary service solutions to meet their unique needs, supported by appropriate technology, in accordance with world-class systems and procedures."

Vision Statement

"To become through innovation, the leasing and ancillary service company of choice for any discerning lessee in Ghana."                                


  • Professionalism and Excellence; the hallmark of our existence.
  • Prompt services

  • Excellence . . . to be the best in quality and service.
  • Innovation . . . to innovate in everything, from processes to products.
  • Empowerment . . . to empower our talented staff to take initiative and give off their best.
  • Customer Service Excellence: We are dedicated to satisfying customer needs.
  • Passion for results: We show pride, enthusiasm and dedication in everything we do.
  • We are committed to selling and delivering high quality products and services.
  • Integrity: We act with honesty and integrity, not compromising the truth.

  • Compliance with local law- Leasafric’s employees must, at all times, comply with relevant laws and regulations.
  • Our Customers- Leasafric will not knowingly do business with drug traffickers, money launders and criminals.
  • We will ensure that the spirit of various local regulations on laundering is strictly adhered to.
  • Improper Payments or Gifts- Employees of Leasafric should not accept gifts. and Excellence; the hallmark of our existence.
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