Widespread Investment Ltd

Company Overview

1.1 Company History. Widespread Investment was incorporated in September 2014 as a result of the individual challenges of the two shareholders who saw the need to pull their unique individual competencies together to exploit the numerous business opportunities both in Ghana and entire West Africa.

1.2 Who We Are? Widespread Investments Limited is a diversified firm with a focus in general infrastructure and trading, and specifically in the Real Estate, Building, and Road Construction, Haulage, and Logistics, as well as Import and Export of General Goods and merchandise. The company also takes advantage of the wider object clause in Company’s Code of 1963, Act 179, to venture into the other segments not directly or specifically indicated in its registered objects, to pursue value addition transactions or projects for the company’s development and growth. All the businesses and segments have been categorized into Infrastructure Commodities and Services, as business units for strategic development and management. The commodity business is currently targeting exports of cocoa, cashew, and Shea butter into the international markets, with local food commodities such as maize, soya beans and rice complementing the local presence.

1.3 Ownership. The two shareholders of Widespread Investment Limited are Enoch Ahenkora and John ObiriYeboah, both of whom have equal shareholding (50%, 50%), in the company’s equity shares.

1.4 Management. The corporate governance framework of the company is well established with a four-member board of directors and a two-member executive management team.