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Databank Group

Databank Group

Headquartered in Ghana and with a presence in Liberia and The Gambia, Databank was one of the first investment banks to emerge from West Africa, and is now Ghana's leading asset management firm. Databank was co-founded in 1990 by Ken Ofori-Atta and Keli Gadzekpo and provides corporate finance advisory, stock brokerage, fund management, private equity and research services to a global client base. Over the past 24 years Databank has been instrumental in the development of the Ghanaian capital market and has built a strong reputation for its pioneering work, including the creation of Ghana's first stock market index. Databank was the first to introduce foreign investors to the Ghanaian stock market, the first to successfully arrange a merger on the Ghana Stock Exchange, and it also launched the first mutual funds in Ghana. Databank is the market leader in the mutual funds and unit trusts industry, with over 60% market share. Databank manages EPACK, the most successful pan-African equity mutual fund, which has averaged 41% annually since 1996 with a cumulative return of more than 18,700% since inception.

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About Databank Group

Founded

1990

Estimated Revenue

$50M-$100M

Employees

251-1K

Category

Industry

Financial Services

Location

City

Accra

State

Greater Accra

Country

Ghana

Tech Stack (78)

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