Advans Ghana Unveils 'The Hive' Head Office in Accra
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Advans Ghana has inaugurated The Hive, its new head office in Accra, as the lender sets a target of serving 300,000 entrepreneurs by 2030 and expanding to 21 branches across nine regions.
Advans Ghana Savings and Loans has inaugurated The Hive, its new head office in Accra, marking the institution's next phase of growth toward serving 300,000 entrepreneurs by 2030. 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, with guests including the Bank of Ghana, represented by Second Deputy Governor Matilda Asante-Asiedu, and French Ambassador to Ghana Diarra Dime-Labille.
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 Hive is designed as a collaborative base for the lender's next phase, supporting disciplined growth and closer client relationships.
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.” The institution aims to grow its gross loan portfolio to GH¢1.5 billion and its deposit portfolio to GH¢1.2 billion, expanding loans, deposits, insurance and payment solutions with a focus on women, young people and micro, small and medium-sized enterprises.
Advans Ghana chief executive Guillaume Valence said the institution would combine technology with strong client relationships to make services simpler and faster, while board chairman Eli Hini said expansion must rest on governance, compliance and client protection. The company holds ISO/IEC 27001:2022 certification for information-security management and a Silver Level Client Protection Certification from Microfinance Rating.
Dime-Labille noted that women own more than 40 per cent of SMEs across Africa but face an estimated US$42 billion financing gap, while Advans International chief executive Steven Duchatelle said the group serves more than 800,000 clients across six African subsidiaries and plans to enter three additional African markets by 2030.