Trades Minister Hails Kasapreko Stock Market Debut
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has hailed the listing of Kasapreko PLC on the Ghana Stock Exchange as a landmark achievement that demonstrates the strength, resilience, and global competitiveness of Ghanaian-owned businesses.
Speaking at the official listing ceremony in Accra on Monday, June 15, 2026, the Hon. Minister described the event as a significant milestone for Ghana’s capital market, noting that Kasapreko’s journey from a small startup in Nungua to an internationally recognised manufacturer exporting to markets across Africa, Europe, Asia, the Middle East, and North America exemplifies the potential of indigenous enterprise.
She revealed that Kasapreko’s Initial Public Offer (IPO), which sought to raise GH¢700 million, attracted an impressive GH¢1.73 billion in bids from more than 18,000 Ghanaian investors, representing a 146 per cent oversubscription, the largest ever recorded by a locally owned manufacturing company on the Ghana Stock Exchange.
According to the Trade, Agribusiness and Industry Minister, the overwhelming investor response reflects growing confidence in Ghana’s economy and in the prospects of home-grown industries.
She emphasised that Kasapreko is entering the stock market from a position of strength, with the funds raised earmarked primarily for the construction of a new production facility at Adeiso to expand its bottled water and soft drink operations.
Ofosu-Adjare credited the government’s efforts toward macroeconomic stabilisation, investor confidence restoration, and structured engagement with the private sector for creating an enabling environment for businesses to thrive.
She highlighted initiatives such as the Presidential Private Sector Dialogues and policy interventions that have helped address challenges facing exporters and manufacturers.
The Minister further outlined the Ministry’s plans to strengthen industrial growth through initiatives including Feed-the-Industry, the forthcoming Agribusiness Policy, and the revival of the Made-in-Ghana Fair.
These measures, she said, are aimed at boosting local sourcing, promoting value addition, enhancing competitiveness, and supporting the emergence of more globally successful Ghanaian companies.
Addressing regional trade challenges, she noted that Ghana is leading efforts within ECOWAS to tackle non-tariff barriers affecting manufacturers. She referenced a recent ministerial visit to Kasapreko’s production facility, which informed discussions and outcomes at the 5th Meeting of ECOWAS Ministers of Trade and Industry.
She also commended the thousands of Ghanaians who invested in the IPO, describing their participation as a strong vote of confidence in the country’s industrial future.
She expressed confidence that Kasapreko’s successful listing will inspire more indigenous Ghanaian companies to access the capital market and contribute to the next chapter of Ghana’s industrial transformation.
Managing Director for Kasapreko Plc, Mr Richard Adjei, said the listing on the main market of the Ghana Stock Exchange is evidence that Ghanaians are ready to support Ghanaian businesses.
He also commended the Group CEO and Founder of the Kasapreko company for the vision and foresight, appreciating all other partners for the commitment and dedication to the company over the last 30 years.
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