In a landmark public-private collaboration aimed at driving sustainable development and renewable energy access in Ghana, Letshego Ghana Savings and Loans PLC has extended a GHS 200 million credit facility to the Catholic Church to finance a nationwide solar power project targeting over 4,000 Catholic institutions.
The initiative, undertaken in partnership with Lumen Energy and supported by Development Bank Ghana (DBG), was officially launched at a signing ceremony held at the National Catholic Secretariat in Accra. The event brought together senior leadership from the Ghana Catholic Bishops’ Conference, Lumen Energy, Letshego Ghana, and DBG to celebrate what is being hailed as one of the country’s most ambitious clean energy collaborations between the private sector and a religious body.
The project aims to deploy solar power systems across Catholic-run schools, hospitals, parishes, and administrative buildings in all dioceses of Ghana. Beyond providing clean and reliable electricity, the initiative is expected to generate employment, particularly among the youth, through technical training and installation jobs.
Speaking at the ceremony, Most Rev. Bishop Edoe Kumordzi, Chairman of the Board of Lumen Energy and representative of the Ghana Catholic Bishops’ Conference, described the agreement as a pivotal milestone.
“Today, we mark a defining moment in our shared mission to promote renewable energy and safeguard our planet for future generations,” he said. “Through this partnership with Letshego, we are not only reducing our carbon footprint but also creating sustainable jobs and protecting creation as stewards of God’s earth.”
The Chief Executive Officer of Letshego Ghana, Nii Amankra Tetteh, reiterated the company’s commitment to social impact through inclusive finance.
“At Letshego, everything we do is anchored on our purpose: improving lives,” he stated. “We are not just financing solar systems — we are investing in a greener, more inclusive future. We are proud to stand with the Catholic Church on this bold journey and are committed to supporting every step forward.”
Ms. Anita Solomon, Head of SDI Lending (Wholesale Investment) at Development Bank Ghana, affirmed DBG’s role in enabling the solar rollout.
“This GHS 200 million solar project, of which GHS 85 million has already been disbursed, is a shining example of what strategic partnerships can achieve. DBG was established to finance Ghana’s transformation, and green financing is one of our core pillars,” she noted.
“Through our partnership with Letshego, we are proud to support the Catholic Church in delivering clean, reliable power to its institutions while reducing emissions and building resilience.”
DBG has so far invested over GHS 112 million in climate-resilient projects across the country. The Catholic Church solar initiative, stakeholders believe, will serve as a national model for accelerating solar adoption in educational, health, and faith-based institutions.
This large-scale renewable energy initiative directly supports Ghana’s climate commitments under the Paris Agreement and advances key United Nations Sustainable Development Goals (SDGs), particularly those related to affordable and clean energy (SDG 7), quality education (SDG 4), and climate action (SDG 13).
About Letshego Ghana:
Letshego Ghana Savings and Loans PLC is a licensed financial services provider offering loans to individuals in both the public and private sectors, as well as micro and small enterprises. It operates under the umbrella of the Letshego Group, with 10 physical branches across Ghana and a workforce of over 100 employees. The company focuses on financial inclusion and improving lives through accessible credit.
The solar energy project is expected to be rolled out in phases, with installations beginning later this year.