Ghana: Kleeve & Tove acquires NDK Capital
Monday, 16 November 2020 16:58
The investment and consulting firm Kleeve & Tove acquired a 100% stake in Ghanaian asset manager NDK Capital Limited for an undisclosed amount.
According to Citi Business News, which reported the news following this operation, the top management of Kleeve & Tove has reorganized the management and the board of directors of the newly acquired company. Senyo Hosi (pictured) who heads Kleeve & Tove says his firm will focus on major companies and brands in Ghana and beyond.
“We are guided by prudence, service, and excellence in the pursuit of our goal to win with our current and future clients,” he commented. The management of the divested company did not discuss the motives for the sale let alone the details of the sale.
As a reminder, last October, the financial market regulator in Ghana called on fund managers and other market operators to strengthen their equity capital by December 31, 2021, at the latest.
Chamberline MOKO
Live News
-
DRC steps up Inga 3 preparation as World Bank financing takes effect
17:58
-
East African leaders set June 2026 deadline to remove trade barriers
17:37
-
Togo: Parliament ends extraordinary session, adopts four bills
16:59
-
What if collective will and coordinated action are all it takes to protect cocoa farmers’ health from pesticides? (Opinion)
16:57
-
Togo Raises 27.5 Bln CFA Francs in Second 2026 Debt Sale, Bids Hit 134.5 Bln
16:45
-
Togo: Drinking water access hits 72% as rural coverage expands
16:38
-
Togo, Colombia sign MoU to deepen ties, advance diplomatic training
16:23
-
Côte d’Ivoire, Burkina Faso step up research cooperation
15:48
-
Cameroon Plans Tourism Sector Inspections to Strengthen Anti-Money Laundering Compliance
14:03
-
Energy minister calls for power sector overhaul as NHPC arrears near XAF70 bln
13:02
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Tshisekedi orders Grand Inga agreements finalized within 60 days Government to adopt legal framework to unlock World Bank support Inga 3...
EAC sets June 30, 2026 deadline to remove trade barriers Non-tariff barriers still raise costs, delay and limit intra-regional...
By Nanga Koné, Country Director Rainforest Alliance Côte d’Ivoire One fact is hard to ignore : Over time, the widespread and often poorly...
Côte d’Ivoire, Burkina Faso boost joint research, innovation cooperation Workshop trains researchers on management, commercialization,...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...