Papaye, Melcom And Other Popular Mega-Companies In Ghana That Are Surprisingly Not Owned By Ghanaians

Papaye, Melcom And Other Popular Mega-Companies In Ghana That Are Surprisingly Not Owned By Ghanaians

  • Ghana has developed into a business and investment hub over the years despite the country's heavy dependence on imports
  • Several successful and big-name brands like Melcom and others have pitched camps in Ghana because of the country's stable political climate
  • However, many of these companies are surprisingly not owned by Ghanaians even though they may have local names or may have existed in the country for a long time

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Several Ghanaians patronise some big brands in the country, which may give the impression that they are wholly Ghanaian-owned. However, nothing could be further from the truth. In this story, mentions some popular mega-companies in Ghana that are owned by foreigners.

Papaye Fast Food is owned by Mr Samir Kalmoni from Saudi Arabia

Papaye Restaurant, Haatso branch
Papaye Restaurant, Haatso branch.Photo credit: viewGhana
Source: UGC

Papaye Fast Food is a household name in the food business in Ghana. By its name, one would instinctively think that it is owned by a Ghanaian but it isn't. The restaurant chain has a record of about 6,000 food orders daily in all its branches across Accra. The restaurant is owned by an Arabian called Mr Samir Kalmoni.

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Melcom is owned by Bhagwan Khubchandani from India

Melcom Head Office. Photo credit:
Source: UGC

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Melcom is arguably Ghana's largest retail shopping centre. It started as a single store in 1989 but now has about 51 retail outlets across the country. It was established by an Indian business mogul called Bhagwan Khubchandani. The mega-store continues to remain a family business to this day.

Marina Mall is owned by a conglomerate from Benin

Marina Mall
Marina Mall. Photo credit: /
Source: UGC

Marina Mall is one of the most popular shopping malls in Ghana that gets thousands of visitors each day. Since its inception in 2003, the mall has given a unique shopping experience for families from all walks of life. The mall has office complexes, restaurants, and fashion and beauty care stores. The mall belongs to the Marina Group of Burkina Faso, which is an established Burkinabe corporation.

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Trasacco is owned by the Taricone family from Italy

Trasacco Estate
Trasacco Estate. Photo credit:
Source: UGC

Trasacco is arguably the most sought-after gated community in Ghana, which is home to several celebrities and politicians. The real estate development is owned by Ernesto Taricone, along with his father and two brothers. The development has charming villas, lush parks, shops and restaurants that transform the area into a jewel for living and leisure.

Cheddar: 5 Ultramodern Projects By Ghanaian Billionaire Nana Kwame Bediako That Are Transforming Ghana

In an earlier story, wrote about billionaire Cheddar's mega projects that are moving Ghana forward. There are several extremely successful businesspeople in Ghana that have aided in the growth of the nation. One such businessman is Nana Kwame Bediako, better known by his stage name Cheddar, who has a goal of making Africa a global superpower. Some of his ideas and projects are guiding Ghana on the right path and turning it into a powerhouse in West Africa.

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