Investment firm LeapFrog acquires 16% stake in Fidelity Bank Ghana

GHANA – LeapFrog Investments, a Profit with Purpose investment firm, has acquired a 16.94 per cent stake in Ghana’s largest privately-owned bank, Fidelity Bank Ghana Limited. LeapFrog has acquired the stake from Amethis, an investment fund manager dedicated to the African continent and Edmond de Rothschild Equity Strategies (ERES), a mid-cap growth and buy-out franchise affiliated with the Edmond de Rothschild Group, with a global investment mandate. It is expected that LeapFrog will leverage on its decade of investment experience across Africa’s financial services sector to build upon the outstanding…

Read More

Fidelity Bank Ghana launches young entrepreneurs fund to support existing businesses

GHANA – Fidelity Bank Ghana has launched the Fidelity Young Entrepreneurs Fund (FYEF) to support existing businesses and startups of young entrepreneurs with financial and non-financial resources to harness social impact potential, build capacity and guide youth-related businesses to grow and scale up their businesses. The Fidelity Young Entrepreneurs Fund is a project which will provide both financial and non-financial support to enable youth-related businesses to survive and thrive. The focus of the fund is on businesses that are solving a problem in society, employing climate smart adaptation or mitigation…

Read More