Dignitaries and special guests unveiling the plaque to formally open the new Advans Ghana head office
Advans Ghana has inaugurated its new head office in Accra, The Hive, marking its next phase of growth towards serving 300,000 entrepreneurs by 2030.
Since opening its first branch in Accra New Town, Advans Ghana has expanded to 21 branches across nine regions, providing financial and non-financial services to entrepreneurs and businesses.
The inauguration was held under the chairmanship of the Ga Mantse, King Tackie Teiku Tsuru II, represented by the Sempe Mantse, Nii Adote Odaawulu I.
Speaking for the Ga Mantse, Nii Adote Odaawulu I, urged Advans Ghana to ensure its growth benefits the communities it serves. “To whom much is given, much is expected,” he said.
2030 Ambition
Advans Ghana aims to serve 300,000 entrepreneurs by 2030, grow its gross loan portfolio to GH¢1.5 billion and increase its deposit portfolio to GH¢1.2 billion.
It plans to expand loans, deposits, insurance and payment solutions, with a focus on women, young people and micro, small and medium-sized enterprises (MSMEs).
The institution currently serves nearly 160,000 clients, 61 percent of them women. In the past 12 months, it has disbursed more than GH¢1 billion in loans to over 14,000 businesses.
Managing Director and Chief Executive Officer of Advans Ghana, Guillaume Valence, said the institution’s purpose remains unchanged.
“Our purpose remains the same: to give entrepreneurs the tools they need to grow their businesses, create jobs and build resilience,” he said, adding that the institution would combine technology with strong client relationships to make services simpler, faster and more responsive.
Board Chairman of Advans Ghana, Eli Hini, said expansion must rest on governance, compliance and client protection.
“Growth without discipline is a risk, and growth without oversight does not last,” he said.
Expanding Access to Finance
Second Deputy Governor of the Bank of Ghana, Matilda Asante-Asiedu, said cash-flow lending, credit-bureau data and guarantees could help viable businesses with limited collateral to access finance, while sound underwriting and risk management safeguard the sector’s resilience.
French Ambassador to Ghana, H.E. Diarra Dime-Labille, noted that women own more than 40 percent of SMEs across Africa but face an estimated US$42 billion financing gap.
“Closing the gap is about enabling viable businesses to invest, grow and create jobs while making economies broader and more resilient,” she said.
She said Advans Ghana supports women-led MSMEs through finance, business capacity building, financial education, mentoring and networking.
Advans Group’s African Growth
Chief Executive Officer of Advans International, Steven Duchatelle, said the Group serves more than 800,000 clients across six African subsidiaries, with a portfolio exceeding €460 million and average annual growth of 17 percent over the past six years.
“Our ambitions are stronger than ever in Africa,” he said.
The Group plans to enter three additional African markets by 2030 and expand digital and financial solutions. In Ghana, 94 percent of transactions are already conducted outside branches.
The Hive is designed as a collaborative base for Advans Ghana’s next phase, supporting disciplined growth, closer client relationships and its 2030 ambition.
A Business Desk Report