Ten Forward Group is an Infrastructure Investment and Development Holding Company headquartered in Accra. The Group focuses on infrastructure projects that accelerates socio-economic development, and have sustainable environmental benefits. The Group leverages its local knowledge & experiences to identify key investment opportunities, undertake the project development, arrange project financing, and execute/manage the business to optimize returns to all stakeholders.
Ten Forward Group works in close collaboration with the central, local governments, and the communities to implement infrastructure projects that creates employment and wealth for society at large.
The mission of Ten Forward International Group is to play a leading role in public/private sector infrastructure development projects in Sub Saharan African economies. Of particular focus are projects in independent power generation, adoption of environmentally friendly and efficient technologies, and mineral resource exploration and mining. We forge strategic relationships with international organizations to build long-term partnership to invest and develop projects that creates real social economic benefit to our investors and stakeholders.
Ten Forward International GROUP is an Infrastructure Development and Investment company based in Accra. The group is active in the areas of Renewable Power Generation, Minerals Explorations, Software Development and Cyber Security Services, and Specification of High Performance Architectural Glass to the industry.
Ghana, located in the Gulf of Guinea, truly lays claim to the title “Centre of the world” as its latitude and longitude are the closest landmass to the intersection of the equator and the Greenwich Meridian. Ghana recently became the host nation for the Secretariat of the African Continental Free Trade Agreement. The Country’s traditional exports are gold, oil, diamond, bauxite, manganese, cocoa, and timber. The nation of 30 million inhabitants has an average age of 21 years, a literacy rate of 75% and a GDP equivalent to US$75 billion. The per capita income is US$2500. Ghana is a multi-party electoral state with an Executive and Legislative branch and an independent Judiciary.
The Director of Ten Forward International Group is a pioneering international entrepreneur with decades of experience across different sectors of the economy. He started his career as an investment banker in Hong Kong and Singapore upon graduating in 1992 with dual degrees in Economics and International Relations from Tufts University, in Boston. After working for Credit Suisse in Hong Kong and then IDEA Advisory Partners in Singapore, he was posted to Japan to establish the Tokyo branch office. After successfully establishing the Tokyo Office, Nana identified a unique opportunity to utilize technology to provide a gateway for money managers to trade electronically on the Japanese financial markets, and to hedge their delta positions. After 3 years of operations, Global Netrade Securities Limited was acquired by Shinsei Bank, a portfolio company of Ripplewood Holdings LLC, and became part of Shinsei Securities Limited. Ten Forward International Japan Limited was established in 2002 to facilitate exports of value-added goods from Africa to the Asian markets. The company initially produced and exported industrial chocolates and alcoholic beverages which had limited success, but the breakthrough products were shea butter based cosmetic brands called “Mama Butter” and “Dagomba Shea” that came to be sold in over 5000 shops across Japan. In 2004, Nana acquired the exclusive Japan license for the ISOMAX Terra-Sol Energy Building Technology, an innovative German building system that drastically reduced the maintenance cost of the building’s lifecycle. ISOMAX Holdings Japan Limited integrated the technology into several structures in Japan including public and private buildings. Since 2010 Nana Kofi Sarfo Prempeh has been investing in developing infrastructure projects in Africa in areas of Power Generation, Minerals Exploration and Agriculture Development. Nana Kofi Sarfo Prempeh is a member of the Asante Royal Family and a Chief in the Asante Kingdom of Ghana. He is a descendant of a family that has played prominent roles in the affairs of the State since the pre-colonial period until now.
TFI Power (Ghana) Limited is a licensed Independent Power Producer (IPP) developing and operating renewable energy-based power solutions for national grids and industrial customers in the sub-Saharan African region. TFI is currently implementing 60MW grid-connected photovoltaic solar power plant in Ghana under a 25-year Power Purchase Agreement (PPA) with the State Utility Company. The initial phase will be commissioned for operation in Q42022. The company is simultaneously developing a 120MW Solar PV plus Energy Storage hybrid system for an industrial customer in the Republic of Congo.
Phase one of the Hiowe Mahe-Shai Solar Power Plant shall soon commence construction in the Shai-Osudoku District of Greater Accra Region of Ghana. The Plant is designed to generate 91 gigawatt hours of electric power annually when the fulL Capacity is completed. The Plant output will be fed directly onto the national electric grid.
The project is in line with the Government commitment to generating clean and affordable energy to power the national industrialization policy. The siting of the Plant will have the additional benefit of becoming a magnet for businesses to locate and create jobs for the community.
Volta Resources Limited is a junior minerals exploration and mining company owning a gold concession covering an area of 70.89 square kilometers. The concession is located 25 square kilometers southwest of the high producing (30 million ounce +) Obuasi Mines, operated by Anglo-gold Ashanti, and 6 kilometers north of Perseus Mining’s 5-million-ounce Edikan Mines. Volta has undertaken years of exploration and will soon commence a drilling program to ascertain the ore volume and grade. The company aims to become a significant gold mining company
TFI Agrotech Limited is developing agriculture-based energy technologies to enhance food sufficiency while producing low carbon renewable energies for mobility applications. In conjunction with the Centre for Scientific and Industrial Research’s Savannah Agricultural Institute in Ghana, the company is undertaking trials of high-yielding sorghum seeds developed by University of Tokyo. Once harvested, the grains will be sold directly into the food industry, and the biomass processed into biochar to fertilize the land, and using a catalyst, transform the syngas produced into bio-methanol. Bio-methanol can fuel combustion engine automobiles, reformed into hydrogen for fuel cells, and can also fuel cooking stoves to reduce deforestation for firewood.