Earthcore Investments

What Earthcore Investments does

Earthcore Investments Limited is a Ghanaian privately held project development and investment firm incorporated in 2007 and headquartered in East Legon, Greater Accra. The company conceives, structures, finances, and delivers large-scale infrastructure and energy projects — including a planned 1 million barrels-per-day Cape Coast Refinery, a $400 million Ghana Trade Hub adjacent to the Port of Tema, a $280 million 50,000-bed KNUST student housing PPP, a 100,000-unit affordable housing programme, a $50 billion Digya Ecotourism Destination on Lake Volta, regional fuel supply and tank farm initiatives, clean drinking water infrastructure, and hospital equipment procurement — with a stated $10 billion financial investment outlook across the pipeline. Earthcore co-invests its own sponsor equity into project Special Purpose Vehicles and earns development fees, management fees, equity returns, and transaction fees from arranging financing instruments including MT760 Bank Guarantees, Standby Letters of Credit, Medium-Term Notes, bonds, and non-recourse debt. Its customer base is primarily Ghanaian government ministries, state-owned enterprises (Tema Oil Refinery, Electricity Company of Ghana, Tema Municipal Assembly) and institutional investors (pension funds, infrastructure funds, private equity), supplemented by private-sector operators in energy, logistics, healthcare, and real estate. The go-to-market is direct, relationship-driven enterprise and government field sales, supported by a content-marketing blog and Instagram presence, with bespoke capital stacks priced per project (a $100,000 prospective investment minimum is stated) rather than published rate cards. The company operates a 'Triple-Win' paradigm aligning investor returns, government development goals, and citizen welfare, and in 2025 announced a CyberCity partnership with LOBO EV Technologies and Strattners Bank extending into EV manufacturing and digital banking infrastructure.

Name

Earthcore Investments

Legal name

Earthcore Investments Limited

Website

https://earthcoreinvestments.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

Earthcore Investments Limited is a Ghanaian private project development and investment firm founded in 2007 that structures, finances, and co-invests in large-scale infrastructure and energy projects — including a planned Cape Coast refinery, trade hub, student housing PPP, and regional fuel supply — for the Ghanaian government and institutional investors.

Ownership category

akta.pro rank

Product category

Infrastructure Development & Project Investment

NAICS

Other Financial Investment Activities (5239), Other Financial Vehicles (52599), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investors, Nec (6799), Commodity Contracts Brokers & Dealers (6221)

akta.pro primary industry

Infrastructure & Project Finance Advisory (BPAHADAO)

akta.pro secondary industries

Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Infrastructure & Project Finance Facilities (BPADACAG), Energy & Power Infrastructure Funds (Generation, Transmission, Storage) (FSANAEAB)

Keywords

• Infrastructure development
• Project investment
• Oil and gas
• Public-private partnerships
• Real estate development

Headquarters

HQ city

Legon

HQ country

Ghana

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Project Development & Management Fees: Earthcore conceives, structures, and develops large-scale infrastructure and energy projects from conception to completion, earning development and management fees. The company handles project financing structuring including joint ventures, equity stakes, and debt financing.
2. Investment Returns from Project Equity: Earthcore co-invests its own capital (sponsor equity) into project Special Purpose Vehicles (SPVs), generating returns upon project success, refinancing, or exit. Revenue derived from equity appreciation and distributions from operating infrastructure assets.
3. Financing Structuring & Monetization Fees: Earthcore structures complex project finance using instruments including MT760 Bank Guarantees, Standby Letters of Credit, Medium-Term Notes, bonds, recourse/non-recourse debt, and equity. The company earns fees from arranging and structuring these financing instruments for projects.
4. Regional Fuel Supply Revenue: Through the West African Regional Fuel Supply Initiative, Earthcore earns revenue from supply contracts for refined petroleum products (AGO Diesel, PMS Petrol) — up to 1 million metric tons per annum — to government and private entities across West Africa.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Earthcore Investments Limited conceives, structures, develops, and co-invests in large-scale infrastructure and energy projects in Ghana, including a 1 million barrels per day refinery, student housing, affordable housing, a logistics trade hub, an ecotourism destination, clean water networks, fuel storage terminals, and a regional fuel supply initiative. The firm arranges bespoke capital stacks using instruments such as MT760 Bank Guarantees, Standby Letters of Credit, medium-term notes, bonds, and recourse/non-recourse debt, earning development fees, management fees, financing structuring fees, and equity returns on its sponsor stakes in project Special Purpose Vehicles.

Product overview

Earthcore Investments Limited is an indigenous Ghanaian development partner delivering transformative infrastructure and energy projects since 2007. The company operates as a project development and investment firm rather than a software product company, offering a portfolio of large-scale infrastructure investment opportunities. The core offerings include flagship projects spanning energy infrastructure (Cape Coast Refinery, West African Regional Fuel Supply Initiative, Fuel Storage Hubs), social infrastructure (KNUST Student Housing, 100,000 Units Affordable Housing, Clean Drinking Water Project), logistics (Ghana Trade Hub), and tourism (Digya Ecotourism Destination). Supporting these projects is a suite of financing tools including bank instrument monetization, bond issuance, and structured debt/equity financing options. The company acts as a bridge between global capital and local infrastructure development opportunities in Ghana.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• 98% project delivery success rate
• +13 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• LOBO EV TechnologiescoreStrategic or Co-development Partner · 20 October 2025Earthcore Investments Limited collaborates with LOBO EV Technologies on a strategic initiative to develop a CyberCity in Ghana, which includes an EV manufacturing plant. This is part of a broader effort to position Ghana as a hub for digital finance and electric vehicle manufacturing in Africa. Earthcore serves as a key development partner alongside Strattners Bank.
• Strattners BankcoreStrategic or Co-development Partner · 20 October 2025Strattners Bank is collaborating with Earthcore Investments Limited and LOBO EV Technologies on the CyberCity project in Ghana, which includes a digital banking headquarters. Strattners Bank provides the digital banking component of the CyberCity initiative, complementing the EV manufacturing facility developed by LOBO EV Technologies and the project development expertise of Earthcore Investments.
• Tema Oil Refinery (TOR)coreStrategic or Co-development PartnerEarthcore executed a multi-million dollar crude oil supply agreement with Ghana's Tema Oil Refinery, ensuring national energy security. This established partnership demonstrates Earthcore's ability to deliver on large-scale energy transactions and navigate Ghana's petroleum sector.
• Russian Federation Refineries (D2, JP54, Mazut suppliers)coreStrategic or Co-development PartnerEarthcore forged and delivered major oil trade agreements with leading refineries in the Russian Federation, supplying vital resources including D2 (refined diesel), JP54 (jet fuel), and Mazut (fuel oil). This international supply chain partnership underscores Earthcore's capability in global energy commodity trading.
• Electricity Company of Ghana (ECG)coreStrategic or Co-development PartnerEarthcore enhanced Ghana's power grid through a successful joint venture project involving the supply and installation of transformers and overhead lines for the Electricity Company of Ghana (ECG). This partnership positions Earthcore as a credible infrastructure delivery partner for Ghana's national utility.
• Tema Municipal AssemblyminorStrategic or Co-development PartnerEarthcore supplied advanced Power Storage Units to the Tema Municipal Assembly, demonstrating its commitment to integrating cutting-edge technology in municipal infrastructure and smart city solutions.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Sage International: Ghanaian energy and infrastructure company with interests in petroleum trading and power. Comparable as a regional player pursuing Ghana-specific energy infrastructure and oil & gas opportunities.
• Cedi Energy: Ghana-focused energy company engaged in oil & gas trading and downstream petroleum activities. Comparable to Earthcore's crude oil supply, fuel trading, and refinery development activities within the Ghanaian market.

Direct peers

• Cordiant Capital: Emerging markets infrastructure and real assets investment manager focused on communications, energy, and transportation infrastructure in developing economies. Comparable in deploying structured debt and equity into bankable infrastructure projects.
• Africa Finance Corporation: Pan-African multilateral infrastructure development finance institution that originates, structures, and finances large-scale energy, transport, and industrial projects across Africa. Highly comparable to Earthcore's project development and infrastructure finance model across the same target geography.
• Africa Infrastructure Investment Managers (AIIM): Pan-African infrastructure fund manager that develops and invests in energy, transport, and digital infrastructure projects. Comparable in deploying institutional capital into African infrastructure via structured project finance and PPP vehicles.
• Harith General Partners: South Africa-based fund manager focused on African infrastructure and energy investments through PPP structures. Directly comparable as an African infrastructure developer/fund manager pursuing long-dated, government-backed assets with institutional capital partners.
• InfraCo Africa: Donor-funded infrastructure project developer that takes early-stage PPP projects through development to financial close in sub-Saharan Africa. Closely comparable to Earthcore's project origination, structuring, and government PPP engagement model.

Broad incumbents

• Actis: Global emerging markets investor with a long-established infrastructure and energy franchise across Africa, Latin America, and Asia. Comparable business model of acquiring and developing operating infrastructure assets, though at significantly greater scale and with a broader geographic and asset-class mandate.
• Helios Investment Partners: Pan-African private equity firm investing across energy, infrastructure, financial services, and consumer sectors. Comparable as an institutional capital partner in African infrastructure, though operating as a GP rather than a project developer.

Emerging players

• GroFin: Development financier providing growth capital and infrastructure finance to small and medium enterprises across Africa and the Middle East. Partial overlap with Earthcore's SME and infrastructure development finance focus, though at smaller ticket sizes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/core-investments-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Earthcore Investments