TEMPLARS advises Electrochem Ghana on a US$30 million equity investment by Ghana’s Minerals Income Investment Fund

TEMPLARS has advised Electrochem Ghana (the largest salt mining company in Africa) on a USD 30 million equity investment to the Minerals Income Investment Fund (MIIF) – a sovereign fund that seeks to manage the equity interests of, and receive mineral royalties and income for, Ghana. The transaction aims to finance Electrochem’s expansion of the Ada Songhor salt mining project, which spans over 40,000 acres of salt-rich basins.

 

Since obtaining the concession in 2020, Electrochem has invested significantly to increase salt production to over 1 million metric tonnes annually, with a projected revenue of USD 6 billion over the next decade. MIIF’s investment will support earthworks, equipment purchases, and the construction of a port facility, expected to create over 100,000 jobs and boost local economic growth.

 

The investment leverages opportunities from the African Continental Free Trade Agreement (AfCFTA) and reinforces MIIF’s commitment to diversifying its mining portfolio. This strategic move enhances Electrochem’s valuation ahead of its planned initial public offering.

 

The TEMPLARS team was led by Partner, Sarpong Odame supported by Senior Associate, Kojo Amoako, and Associates, Matilda Sarpong and Nana Kofi Amadieh. 

Wooden Electricity Poles Fire Protection with NoFire A18 Fire Retardant Intumescent Coatings

Wooden electricity poles play a crucial role in providing power to our communities. However, they are susceptible to fire hazards, which pose a significant threat to both the infrastructure and public safety. It is essential to implement effective fire protection measures to prevent potential disasters.

At Industrial Coatings Africa, we understand the importance of protecting wooden electricity poles from fire damage. That’s why we offer NoFire A18 fire retardant intumescent coatings, a cutting-edge solution designed specifically for this purpose.

The Power of NoFire A18 Fire Retardant Intumescent Coatings

NoFire A18 is a high-performance fire-retardant coating that has been extensively tested and approved for use on wooden electricity poles. This specially formulated coating acts as a barrier, providing long-lasting fire protection.

How Does NoFire A18 Work?

When exposed to high temperatures, NoFire A18 undergoes a chemical reaction that causes it to expand rapidly, forming an insulating char layer. This protective layer acts as a shield, effectively slowing down the spread of fire and reducing heat transfer to the wooden pole. By delaying combustion, NoFire A18 provides essential time for emergency responders to arrive at the scene and prevent further damage.

Features and Benefits

• Fire Resistance: NoFire A18 offers exceptional fire resistance, significantly reducing the risk of fire spreading along the wooden electricity pole.

• Longevity: This durable coating is designed to provide long-lasting fire protection, ensuring the safety and reliability of the electricity pole for years to come.

• Easy Application: With a simple application process (e.g. by brush or roller), NoFire A18 can be efficiently applied to any wooden electricity pole, saving valuable time and resources.

• Aesthetically Pleasing: NoFire A18 is available in various colors, allowing you to select a coating that seamlessly blends with the surroundings while providing optimal fire protection.

Applications

NoFire A18 fire-retardant intumescent coatings are ideal for application on wooden electricity poles in various industrial sectors, including:

1. Power Transmission and Distribution: Protecting the wooden poles that deliver electricity to our homes, businesses, and communities is of utmost importance in the power industry.

2. Telecommunications: Communication networks rely on poles to support infrastructure. Applying NoFire A18 coatings enhances safety and prevents service disruptions caused by pole fires.

3. Data Warehouse Infrastructure: Data warehouses, server rooms, power rooms etc. are vulnerable to fire hazards. NoFire A18 coatings add an extra layer of protection, ensuring safety and uninterrupted services.

4. Oil and Gas Facilities: Passive fire protection is crucial in oil and gas facilities. Applying NoFire A18 coatings guards against fire risks, enhancing the safety of these critical installations.

5. Domestic, Commercial, and Industrial Facilities: Passive fire protection is a crucial role in domestic, commercial and industrial facilities. Applying NoFire A18 coatings guards against fire risks, enhancing the safety of these critical installations.

Trust in Our Expertise

At Industrial Coatings Africa, we are committed to providing top-quality fire protection solutions for all industries including wooden electricity poles. Our team of experts understands the unique challenges faced by different industries and can guide you in selecting the right coating system for your specific needs.

To ensure the best results, we also offer technical support and on-site assistance during the application process. We are dedicated to helping you achieve optimal fire safety for your wooden electricity poles.

Conclusion

Protecting wooden electricity poles from fire hazards is paramount to maintaining the safety and reliability of power distribution infrastructure. With NoFire A18 fire retardant intumescent coatings, you can effectively minimize the risk of fire spread and ensure the longevity of the poles.

Contact Industrial Coatings Africa today to learn more about NoFire A18 and how our expert team can assist you in implementing the best fire protection solution for your wooden electricity poles. Invest in fire safety today and safeguard your infrastructure for a brighter, safer future.

Remember NoFire A18 Retardant Intumescent Coating is your Last-Line-Of-Defense.

NoFire does everything an ordinary paint does EXCEPT BURN!

Industrial Coatings Africa (Source-Link Ghana) Joins AmCham Ghana

The American Chamber of Commerce, Ghana, is thrilled to introduce our newest Gold Member, Industrial Coatings Africa (Source-Link Ghana Limited), to our esteemed network.

Industrial Coatings Africa is the leading distributor (supplier) of the best-priced highest performance industrial maintenance and protective coatings in Africa. Powered by Source-Link Ghana Limited Company, we partner Nofire Technologies Inc. USA and Polyval Coatings Inc. CANADA to furnish our clients with superior industrial anti-rust, anti-Corrosion, anti-abrasion, chemical resistant, waterproof, intumescent fire-retardant, and heat-resistant coatings (paints)  for light duty, commercial, and industrial applications in Mining, Oil and Gas, Offshore, Aviation, Construction, Electrical power, Military, Marine, Heavy equipment and Machinery, Water & Waste Water Treatment and for all areas and applications were excellent and lasting solution to Rust, Corrosion, Abrasion, Chemical Resistance, Fire protection, etc. is required.  Boasting of a catalog of over 800 industrial maintenance and protective coatings, we offer the best solution to all anti-corrosion, anti-abrasion, chemical resistance, fire-retardant and waterproofing needs.

NoFire Technologies Inc. USA and Polyval Coatings Inc. Canada, are the pioneers and leading manufacturers of high-performance industrial maintenance coatings and non-toxic, environmentally friendly, high performance, fire protective coatings and textile wrap systems in the United States and Canada. Since their establishment in 1983 and 1987 respectively, Polyval and Nofire have stayed loyal to their mission of being a cutting edge, hi-tech companies, while keeping a close and personal working relationship with our customers. Through constant innovative product development, we have steadily expanded our product lines, becoming leading providers of light and heavy-duty maintenance and protective coatings. We worked hard to earn a reputation as a company comprised of knowledgeable and experienced staff, working in unison to bring our clients “Tomorrow’s Technology Today”.

MISSION: REAL PEOPLE, REAL SOLUTIONS

Real People – Though our products enjoy worldwide recognition and our company is constantly opening new frontiers, we haven’t lost the personal touch. That’s why our skilled and knowledgeable staff is available to guide you throughout. We know that you have a vision for your project and we share it with you.

Real Solutions – We treat each of our product lines as if it’s the only thing we do. We understand that the evolution of a product from its creation to its application is one process, and we work with that vision in mind.

COMMITTED TO MAKING OUR PLANET A SAFER AND CLEANER PLACE TO LIVE

From its first day, Polyval’s philosophy has been to remain a step ahead of the industry in terms of research and development, and to avoid following the pack. Staying true to that philosophy, we have developed a range of products that offer the best solution for market specific challenges. Our range of thin and thick film technologies allow us to offer our clients the strongest systems, for their specific project needs. We work with the credo that our products must be reliable from creation through application. The products are developed with a vision of the end result.

Superior Industrial Antirust Coatings In Africa
Superior Industrial Antirust Coatings In Africa

ALWAYS ONE STEP AHEAD IN A RAPIDLY CHANGING INDUSTRY

Our team of chemists and tech support people are just that; a team, dedicated to working with clients from the start of their projects to the finish. Their experience allows them to deal with today’s ever challenging industry needs in an innovative and practical manner

View Products

Email Us

info.sourcelink@industrialcoatingsafrica.com

Phone Us

+233 (0) 50 765 6464 | +233 (0) 24 312 5882 (Call/WhatsApp)

Operating Hours

Mon-Fri: 8:00 – 16:30.

AmCham Ghana Strengthen Partnership with U.S. Chamber of Commerce

On May 2, the President of the American Chamber of Commerce in Ghana (AmCham Ghana), Mr. Kimathi Kuenyehia, and the Executive Secretary, Mr. Simon Madjie, embarked on a working visit to the U.S. Chamber of Commerce headquarters in Washington, D.C. The purpose of the visit was to further solidify the partnership between AmCham Ghana and the U.S. Chamber of Commerce, as well as explore initiatives to protect American private sector interests in Ghana and reposition U.S. Foreign Direct Investment in West Africa and Ghana.

During their visit, the AmCham Ghana delegation met with Kendra Gaither, President of the African Bureau at the U.S. Chamber of Commerce, and Dr. Guevera Yao, Vice President of the African Bureau. They also met with Ellasandra Walsh and Ellington Arnold, members of the Africa team at the U.S. Chamber of Commerce.

The meeting focused on several key areas, including strengthening the partnership between AmCham Ghana and the U.S. Chamber of Commerce. This partnership aims to foster greater collaboration and cooperation between the two organizations, ultimately benefiting the business communities in both Ghana and the United States.

Another key area of discussion was the need to aggressively protect American private sector interests in Ghana. This includes addressing any challenges or concerns that American businesses may face in Ghana, as well as exploring opportunities for growth and expansion.

The delegation also explored initiatives to reposition U.S. Foreign Direct Investment in West Africa and Ghana. This includes identifying new investment opportunities, addressing any regulatory or bureaucratic hurdles that may hinder investment, and promoting greater economic cooperation between the United States and Ghana.

Overall, the visit was a significant step forward in strengthening the partnership between AmCham Ghana and the U.S. Chamber of Commerce, and in promoting greater economic cooperation between the United States and Ghana.

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KEK Insurance Brokers Celebrates World Menstrual Hygiene Day with Dzorwulu Special School

On May 28th, KEK Insurance Brokers proudly celebrated World Menstrual Hygiene Day with the schoolgirls of Dzorwulu Special School. This annual observance aims to break taboos and raise awareness about menstrual hygiene. This year’s theme, “Together for a #PeriodFriendlyWorld,” emphasizes the need to eliminate stigma and ensure everyone has access to menstrual products, education, and proper infrastructure.

For this special event, we focused on educating the girls about:

1. Understanding menstruation as a natural part of life.

2. Adopting best practices for menstrual hygiene.

3. Providing sanitary pads to support their menstrual health.

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Our efforts were enriched by the expertise of renowned medical practitioner Dr. Hannah Lisa Tetteh, who served as our resource person and delivered comprehensive menstrual hygiene education.

The event was a resounding success, enhancing the knowledge of these special girls and bringing smiles to their faces. By celebrating Menstrual Hygiene Day with them, we believe we’ve made a meaningful contribution towards creating a more period-friendly world within our community and beyond.

AmCham Ghana Hosts Consultative Meeting with Lamons LLC

The American Chamber of Commerce, Ghana, convened a consultative meeting with Lamons LLC on June 4, 2024, to foster collaboration and explore opportunities in mining and trade. This gathering served as a platform for industry leaders to engage in meaningful discussions and introductions, with a focus on leveraging partnerships for mutual benefit. Representatives from both U.S. and Ghanaian companies highlighted the importance of cross-border collaboration in driving economic growth and development, with upcoming events like the WAMPEX ( West African Mining Exhibition) presenting opportunities for showcasing capabilities and forging new alliances.

In the meeting, the significance of the Chamber’s role in facilitating international trade relations and protecting the interests of U.S. companies and investors. Discussions revolved around enhancing cooperation in mining sectors, including mineral mining and manufacturing, with a shared commitment to seizing opportunities for advancement and promoting mutual prosperity. The event underscored the Chamber’s commitment to fostering collaborative partnerships that drive economic growth and contribute to developing Ghanaian and American business landscapes.

Additionally, valuable insights were shared by prominent entities such as PwC, the US Embassy Commercial Service, the Ghana Chamber of Mines, as well as mining and legal experts. Their contributions further enriched the discussions and provided valuable prospect information, enhancing the prospects for fruitful collaborations and advancements in the mining and trade sector

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Accra’s Largest Suites & Apartments Developed by Libi Homes

In a market where home seekers are left wanting more when it comes to the size of living space in condominiums, The Milton, centrally located in the prestigious Airport Residential area, is redefining expectations. Developed by Libi Homes, The Milton consists of twin towers, nine floors high, and totals 157 beautiful studios, 1-, 2- and 4-bedroom apartments and 220sqm 4-bedroom duplexes. 

 

“As suites are the fastest moving unit type in Ghana, we listened to the market’s qualms and responded with spacious units starting at 41 square meters,” says Anthony Okyere, Development Director for client Libi Homes. “Delivering more square meters for less, The Milton is by far the most cost-effective apartments for sale in terms of total area, price per square meter, providing value for our cherished customers. The competition simply does not measure up.” 

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The condominium’s diversity of unit offerings caters to different budget points, appealing to individuals and couples seeking a compact yet luxurious space, as well as families desiring more room and upscale living at a competitive price. The Milton seamlessly combines the convenience and amenities of a 5-star hotel with the comfort and exclusivity of premium residential suites. The hotel apartment boasts an array of top-notch amenities, including fitted kitchens, a rooftop restaurant offering breathtaking city views, a concierge, pool, fitness center and even a spa and pharmacy right within the building.  

 

Each apartment unit is meticulously designed with stunning interiors, exquisite finishes, and high-quality appliances, ensuring a premium living experience. With 50% of the units already sold and assuring an impressive 12 -15% annual yield on suite rentals, now is the perfect time for investors to secure a Milton property. Construction is in full swing, and the homes are slated to be handed over in the last quarter of 2025. 

 

 

Libi Homes is also the estate developer for notable housing projects – LibiPrime in Tema Community 26 and The Buckhead in Cantonments.  

AmCham Ghana Leaders Honoured At OTC 2024

AmCham Ghana President Kimathi Kuenyehia, former President Joe Mensah, and the Executive Secretary of the Chamber, Simon Madjie, were honored at this year’s Offshore Technology Conference (OTC) in Houston, Texas, for their impactful contributions to the organization of the OTC’s Africa Focus Technical Programs on the Around the World Series.

The Around the World Series, launched at the 50th anniversary of the OTC in 2019, serves as a platform for presenting the latest insights from heads of institutions and industry executives representing various countries, including those from Africa. This series also allows industry leaders to deliberate on new licensing, business prospects, and recently introduced technologies.

The American Chamber of Commerce in Ghana has been at the forefront of organizing the Africa events to highlight Africa’s oil and gas sector and share best practices, technical innovations, energy transition, and emerging trends through collaborations with institutions in the country and across the continent.

Other awardees included Egbert Faibille Jnr, CEO, Petroleum Commission, Solomon Tamakloe, CEO, USA-GHATEX INT. LLC, Theophilus Ahwireng, Managing Director, MODEC Production, Services Ghana JV Limited, Amb. Gabriel Tanimu Aduda, OPEC Governor for Nigeria, Adejumoke Oyedun, MD/CEO, Acme Services Limited, Roger Brown, Managing Director/CEO, Seplat Energy PLC, Nigeria, Gbite Falade, Managing Director/CEO, Aradel Holdings Plc, Nigeria, Mahi Kane, President, American Chamber of Commerce in Sénégal, and Henry Ansah, Executive Secretary, Ghana-Houston Chamber of Commerce.

The Offshore Technology Conference (OTC) is where energy professionals meet to exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters. Since 1969, OTC’s flagship conference has been held annually at NRG Park (formerly Reliant Park) in Houston.

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MultiThread ICT Solutions Limited Joins AmCham Ghana

The American Chamber of Commerce, Ghana, is thrilled to introduce our newest Gold Member, MultiThread ICT Solutions Limited.

MultiThread ICT Solutions Limited is an Information Communication Technology (ICT) services provider based in Ghana. MultiThread was incorporated in 2014 after seven (7) years of operation as an enterprise. We are focused on delivering customer-centric ICT solutions to organisations, to improve their efficiency and increase productivity.

MultiThread Solutions Ghana is an affiliate of MultiThread Solutions Germany, MultiThread Solutions LLC USA, and MultiThread Solutions Brazil, leveraging these international capacities for local impact. Our range of services include IT Consultancy, IT Infrastructure Deployment, IT Support and Professional Services, Network Services, Software Solutions, and Managed Security Solutions.

Our corporate philosophy, “Do IT Right” is a distillate of our corporate mission, encompassing the multiple objectives of bringing efficiency to our clients’ operations, improving productivity, and increasing revenue through the provision of the right ICT Solutions.

MultiThread ICT Solutions Ltd
7 Alberta Street, GM-008-3136
Madina Estates
Accra, Ghana.

Warc Ghana Joins AmCham Ghana

The American Chamber of Commerce, Ghana, is thrilled to announce the agricultural services and consulting operations giant, Warc Ghana Limited as a Gold member of the Chamber.

Warc Ghana is a social enterprise that operates in West Africa and calls Ghana its home. We have established agricultural services and consulting operations in Ghana and Sierra Leone. We serve over 8,000 farmers in the Upper West of Ghana through our community-based Trading Hubs, focused on improving incomes, transforming rural livelihoods, and turning farmers in climate heroes.

The company’s culture is keen on sparking conscious economic growth in the agriculture sector and its way of operating in Africa. Learn more about Warc Ghana.