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RELEVANT COMPLETED ASSIGNMENTS
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The following are recently completed assignments by KRON working with its associated partners: |
PROJECT MANAGEMENT, MONITORING & EVALUATION |
- Financial Consultant - Danish Embassy, Accra-Ghana - DANIDA Private Sector Development Programme: Private Sector Loan Facility Review and the Restructured various loan facility/security documentations offer to over 30 Ghanaian companies under the Danida PSD Programme with the Government of Ghana.
- Financial Consultant (to GFA Consulting Group)- The Support Programme for Enterprise Empowerment and Development (SPEED) Ghana: conducted a social and economic impact assessment of the various form of credit provided through intermediaries to Micro & Small Enterprises (MSEs) in the private sector engaged in the production, services and trade sectors.
- Financial Consultant: SPEED Ghana – Conducted systems and package review and also developed an appropriate strategy for the re-launch of the POCKET ACCOUNTANT, an Accounting Software developed by Competency Based Advisory (CBA), which was financially supported and marketed to qualified and selected MSMEs in Ghana.
- Consultant - Micro- & Small-Scale Enterprises (MSEs) Market Study under the GTZ/PSME Project in 2001: local partner and Business Development Services Providers for Accra, Takoradi, Kumasi and Ho.
- Local Consultant - GTZ/Government of Ghana Support to SMEs in 2001: An International Financial Sector Study, whose input was included the design of an Implementational Framework for the Financial Support for SMEs in Ghana the European Union.
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MANAGEMENT AND FINANCIAL ADVISORY |
- Financial Advisers - United Nation Environmental Programme (UNEP) –Technology, Industry, Economics, Energy and Ozon Action: The Development and Design for the implementation of the Renewable Energy and e-Sustainability Initiative (REeSI) Project in Ghana.
- Financial Sector Adviser - SEM Financial Services/International Finance Corporation, USA: Ghana Micro Small and Medium Enterprise Project (MSME) access to finance assessment Banking Sector Advisor.
- Advising Consultant – Ministry of Trade, Industry, Private Sector Development & PSI (MoTI/PSD-PSI)/Private Sector Development Strategy (PSDS Project) – an Independent Review of the 3- year Strategy and Business Plan of the Ghana Investments Promotion Centre, GIPC.
- Advising Consultant – The Ghana MSME Project (a Ghana Government/World Bank financed Project) – an M&E assignment for the Ministry of Trade, Industries, Presidential Special Initiates and Private Sector Development – on the preparation of issue paper for the mid-term review of the Ghana MSME Project
- Advising Financial Consultant – West African Power Pool Project – Independent financial review and appraisal of the West African Power Pool Project (WAPP)
- Local Consultant – AFRITEL GHANA LIMITED: The listing of a Ghanaian Telecommunication Company on the Alternate Investment Market (AIM) of the London Stock Exchange (LSE) – on-going.
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PRIVATISATION/ACQUISITION ADVISORY |
- Investment Advisor – Flight Services Limited /NAS Airport Services Limited: The Acquisitions of Airways Catering Limited, a subsidiary of the liquidated Ghana Airways Limited.
- Investments Advisor – ERK Consortium Limited: The Acquisition of Danafco Limited, a pharmaceutical manufacturing and wholesale company, form its existing shareholders including Ghana Venture Funds Company Limited and IFU of Denmark.
- Investments Advisor – Narrok-Kpong Farms Limited: A joint-venture arrangement for the management of the existing assets of Kpong Farms Limited, a subsidiary of the Volta River Authority (VRA).
- Previous Privatisation under the Government of Ghana/World Bank SOE Privatisation Exercise working with the Divestiture Implementation Committee (DIC) include the following:-
- The Coca-cola Bottling Company of Ghana Limited (GNTC Bottling Company)
- Gliksten (West Africa) Limited
- Phyto-Riker (GIHOC) Pharmaceutical Manufacturing Company Limited.
- As per the experiences of its management team of the company, specialized advisory serviceswere provided for the preparation work and relevant documentation for the privatization of the following financial institutions:
- National Investment Bank Limited (Financial Advisory Team)–Privatization was not completed due to Government intervention.
- Ghana Commercial Bank Limited – Completed all financial due diligence for the implementation of the privatization exercise.

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CORPORATE RESTRUCTURING |
- Advisor and Implementing Consultant – Crest Finance House Limited: Managed the process of incorporation through to the application of a non-banking financial institution operating license processed by the Bank of Ghana, to the operation set-up and business commencement stage. The company specialised in the provision of import and export SERVICE FINANCE for SMEs in Ghana.
- Advisor and Implementing Consultant - North Tongu Rural Bank Limited (Micro-finance provider): The development of appropriate accounting and loan management system, and organizational restructuring in line with good corporate governance.:
- Advisor and Implementing Consultant - First Allied Saving & Loans Limited (Micro financial institution): The development of appropriate banking operating systems and manuals in line with good corporate governance also a 5-year business plan.
- Advisors – Granites and Marble Company Limited: Corporate Organizational restructuring in line with good corporate governance.
- Advisor – IPALCO Ghana Limited: Corporate Organizational and Financial Restructuring to achieve profitability and solvency
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FINANCIAL RESTRUCTURING & COMPLIANCE AUDIT |
- Structured receivable-back transaction for the importation of special equipment and medical supplies for the Ministry of Health and Ghana Broadcasting Corporation.
- The company developed the concept for the introduction and implementation of a uniform accounting and compliance audit for the Telecommunication Service Providers in Ghana for the adoption of the National Communication Authority as a revenue generation mechanism for Government.
- The company developed the frame work for the introduction of telecommunication tax as a means of revenue generation to supplement the ineffective “old-economy” tax systems.
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PROJECT/BUSINESS DEVELOPMENT |
As per the experiences of its management team, the company has advised on the development of several business/project plan and feasibilities for project with a close to 70% implementation success in Ghana. Below are few across the various sector s of the Ghanaian economy:
- PSG International Limited (Information Technology and office automation company)
- Gharty/Eye Consultants Limited (Specialised Eye Clinic)
- Continental Complex Farms Limited (an ostrich farm project)
- Bondex Limited (paint manufacturing company)
- Pearl Jewellery Limited (gold ornament processing company)
- Roger Smith International Ghana Limited (fishing vessel and cold store management company)
- Narrok Farms Limited (food crop farm)
- Crest Finance House Limited (Non-banking Financial Institute), etc.

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