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Fan Milk Limited
Fan Milk is a manufacturer and retailer of ice cream and frozen dairy products, which has a leading position in the West African market. In 2013, The Abraaj Group, a growth market private equity investor, acquired 100% of the Fan Milk business in West Africa. History Fan Milk Limited is a Ghanaian dairy retailer based in Accra. It has since begun operating in Benin, Togo and Burkina Faso. They are listed on the Ghana Stock Exchange stock index, the GSE All-Share Index. It was incorporated in 1960 and was previously known as the Ghanaian Milk Company. It took advantage of Danish investment in the early 1960s and initially specialized in pasteurised milk. However, in 1962, the company changed its name to Fan Milk Limited and branched out into the production of ice cream, yoghurt, and ice lollies. The name has since become a household name in Ghana, and it is a common sight to see ice cream carts and bicycles on beaches and the streets selling the brand. Fan Milk Limited was the ...
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Ghana
Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and Togo in the east.Jackson, John G. (2001) ''Introduction to African Civilizations'', Citadel Press, p. 201, . Ghana covers an area of , spanning diverse biomes that range from coastal savannas to tropical rainforests. With nearly 31 million inhabitants (according to 2021 census), Ghana is the List of African countries by population, second-most populous country in West Africa, after Nigeria. The capital and List of cities in Ghana, largest city is Accra; other major cities are Kumasi, Tamale, Ghana, Tamale, and Sekondi-Takoradi. The first permanent state in present-day Ghana was the Bono state of the 11th century. Numerous kingdoms and empires emerged over the centuries, of which the most powerful were the Kingdom of Dagbon in the north and ...
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Ghana Stock Exchange
The Ghana Stock Exchange (GSE) is the principal stock exchange of Ghana. The exchange was incorporated in July 1989 with trading commencing in 1990. It currently lists 42 stock, equities (from 37 company, companies) and 2 corporate bonds. All types of security (finance), securities can be listed. Criteria for listing include capital adequacy, profitability, spread of shares, years of existence and management efficiency. The GSE is located within the Cedi House in Accra. History and operations Since its inception, the GSE's listings have been included in the main index, the GSE All-Share Index. In 1993, the GSE was the sixth best index performing emerging stock market, with a capital appreciation of 116%. In 1994 it was the best index performing stock market among all emerging markets, gaining 124.3% in its index level. 1995's index growth was 6.3%, partly because of high inflation and interest rates. Growth of the index for 1997 was 42%, and at the end of 1998 it was 868.35 (see ...
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Food And Drink Companies Established In 1960
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricultural ...
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Companies Based In Accra
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Ice Cream Brands
Ice is water frozen into a solid state, typically forming at or below temperatures of 0 degrees Celsius or Depending on the presence of impurities such as particles of soil or bubbles of air, it can appear transparent or a more or less opaque bluish-white color. In the Solar System, ice is abundant and occurs naturally from as close to the Sun as Mercury to as far away as the Oort cloud objects. Beyond the Solar System, it occurs as interstellar ice. It is abundant on Earth's surfaceparticularly in the polar regions and above the snow lineand, as a common form of precipitation and deposition, plays a key role in Earth's water cycle and climate. It falls as snowflakes and hail or occurs as frost, icicles or ice spikes and aggregates from snow as glaciers and ice sheets. Ice exhibits at least eighteen phases ( packing geometries), depending on temperature and pressure. When water is cooled rapidly (quenching), up to three types of amorphous ice can form depending on its his ...
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Food And Drink Companies Of Ghana
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricultural ...
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Enterprise Insurance
Enterprise Group is a pioneering Ghanaian insurance company. They are listed on the stock index of the Ghana Stock Exchange, the GSE All-Share Index. It has been in operation since 1924, when Ghana was the British Gold Coast, under the name Enterprise Insurance Company. External linksGhana Business Index Insurance companies of Ghana Companies based in Accra Financial services companies established in 1924 1924 establishments in Gold Coast (British colony) Companies listed on the Ghana Stock Exchange {{Africa-company-stub ...
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Ice Lollies
An ice pop is a liquid-based frozen snack on a tongue depressor, stick. Unlike ice cream or sorbet, which are whipped while freezing to prevent ice crystal formation, an ice pop is "quiescently" frozen—frozen while at rest—and becomes a solid block of ice. The stick is used as a handle to hold it. Without a stick, the frozen product would be a freezie. An ice pop is also referred to as a popsicle in Canada and United States, the United States, flash in Algeria, paleta in Mexico, the Southwestern United States and parts of Latin America, ice lolly in the United Kingdom (the term ''ice pop'' refers to a freezie in the United Kingdom), ice drop in the Philippines, ice gola in India, ice candy in India and Japan, and kisko in Caribbean, the Caribbean. The term icy pole is often used in Australia, but is a brand name for a specific type, so ice block is also used. History As far back as 1872, two men, doing business as Ross and Robbins, sold a frozen-fruit confection on a stick ...
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Yogurt
Yogurt (; , from tr, yoğurt, also spelled yoghurt, yogourt or yoghourt) is a food produced by bacterial Fermentation (food), fermentation of milk. The bacteria used to make yogurt are known as ''yogurt cultures''. Fermentation of sugars in the milk by these bacteria produces lactic acid, which acts on milk protein to give yogurt its texture (food), texture and characteristic tart flavor. Cow's milk is the milk most commonly used to make yogurt. Milk from water buffalo, goats, sheep, ewes, mares, camels, and yaks are also used to produce yogurt. The milk used may be Milk#Creaming and homogenization, homogenized or not. It may be pasteurized or raw milk, raw. Each type of milk produces substantially different results. Yogurt is produced using a culture of Lactobacillus delbrueckii subsp. bulgaricus, ''Lactobacillus delbrueckii'' subsp. ''bulgaricus'' and ''Streptococcus thermophilus'' bacteria. In addition, other Lactobacillus, lactobacilli and Bifidobacterium, bifidobacteria a ...
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Ice Cream
Ice cream is a sweetened frozen food typically eaten as a snack or dessert. It may be made from milk or cream and is flavoured with a sweetener, either sugar or an alternative, and a spice, such as cocoa or vanilla, or with fruit such as strawberries or peaches. It can also be made by whisking a flavored cream base and liquid nitrogen together. Food coloring is sometimes added, in addition to stabilizers. The mixture is cooled below the freezing point of water and stirred to incorporate air spaces and to prevent detectable ice crystals from forming. The result is a smooth, semi-solid foam that is solid at very low temperatures (below ). It becomes more malleable as its temperature increases. The meaning of the name "ice cream" varies from one country to another. In some countries, such as the United States, "ice cream" applies only to a specific variety, and most governments regulate the commercial use of the various terms according to the relative quantities of the main in ...
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GSE All-Share Index
The principal stock index of the Ghana Stock Exchange or GSE is the GSE Composite Index. It was introduced in 2011 with a base value of 1000 points. This index is calculated from the values of each of the market's listings. Market listings Profiles of listed companies AADs AADs is symbol representing AngloGold Ashanti Limited on the Ghana Stock Exchange. It was listed on the Stock Exchange on 27 April 2004. Its traded securities are ordinary shares of no par value. AADs has a total of four million (4,000,000) authorised shares and 978,000 issued shares. As of 19 August 2014, its stated capital was US $3,364,000,000. ACI ACI is symbol representing African Champion Industries Limited on the Ghana Stock Exchange. It was listed on the Stock Exchange on 2 May 1992. Its traded securities are ordinary shares of no par value. ACI has a total of 500 million authorised shares and 36.603 million issued shares. As of 19 August 2014, its stated capital was GH¢1,505.455. AGA AGA i ...
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