Region
Ghana

Sector
Education
Media

Summary:

Ghana Stock Exchange-listed publishing company is seeking partners to modernise its printing press. The company aims to capitalise on the growing demand for printing services in West Africa.

Contact
Edward Ashong-Lartey

Email
eashonglartey@gipcghana.com

Project: Modern printing press

Location: Nyayano, 30 km from Accra City

Summary: Ghana-based publisher Sam-Woode Ltd. intends to establish a modern printing press to capitalise on the growing demand for printing services in West Africa. The company, which currently publishes textbooks for schools and educational supplementary books, sees huge market potential in the English speaking West African countries of Nigeria, Sierra Leone, Liberia and Gambia. Secondary students in the five countries take similar examinations under the West African Examinations Council. The company is also interested in co-publishing deals with foreign publishers and is offering its own publishing to interested publishers. 

Total investment cost: US$2-million

Investor contribution: US$1.6-million

Investment structure: Either joint venture partnership, long-term loan and equity.

EIA: The printing press does not pose any major threat to the environment. The appropriate environmental certificates would be obtained before the commencement of the project.

Documentation: A feasibility study and a business plan would be commissioned with the joint-venture partner.

Company description: GSE-listed Sam-Woode Limited (SWL) is an educational publishing company founded in 1984. The company publishes educational textbooks, story books and other educational books, and also holds exclusive distribution rights in West Africa for several titles by international publishers. SWL publishes  textbooks in accordance with approved syllabi and has the exclusive rights to publish such materials for sale in the region.

Special conditions: The Ghana Investment Promotion Centre (GIPC) will provide assistance with the following:

1. Tax rates and tax holidays
2. Repatriation of profits
3. Ownership laws
4. Import restrictions
5. Employment quota for non-Ghanaians

For further information on investing in Ghana contact the GIPC.

Edward Ashong-Lartey
Director, Promotions & Public Relations
Email: eashonglartey@gipcghana.com