BOST energies pays GH¢34.2m maiden dividend to govt

BOSTenergies has made a financial donation of GH¢34.2 million to the Government of Ghana, marking its first occasion of disbursing dividends to the State. This payment occurred in 2025, during which the company's revenues grew to GH¢3.81 billion and total assets expanded by half, reaching GH¢3.99 billion. Shareholders' equity also increased to GH¢1.47 billion, indicating a significant financial turnaround according to the company.

The announcement was made at the 2026 Annual General Meeting (AGM) of BOSTenergies in Accra, where the Minister of Energy and Green Transition, Dr John Jinapor, the Managing Director Afetsi Awoonor, board members, and employees were present. Management highlighted that the maiden dividend signified the company's improved financial position, their commitment to responsible financial management, accountability, and sustainable value creation.

2025 was described as a defining year for BOSTenergies, with strong commercial activities, disciplined financial management, and a steady focus on operational efficiency driving the results. The positive outcomes positioned the company as stronger and more resilient, with a solid foundation to support further investments, operational excellence, and sustainable growth.

The company plans to strengthen its operations, improve efficiency, build resilience, and create lasting value for the Government and other stakeholders. Dr Jinapor praised the board, management, and staff for their "masterclass performance" in financial growth, profitability, operational efficiency, and portfolio expansion. He announced the Ministry's ongoing support to enable BOSTenergies to consolidate its gains and urged the board and management to stay focused on delivering even greater value to the State.

The State Interests and Governance Authority (SIGA) Director-General, Prof. Michael Kpessa-Whyte, welcomed the financial turnaround and the maiden dividend payment, urging the board and management to continue pursuing growth while ensuring the company delivers value to the Government. The AGM represented a major milestone for BOSTenergies, reaffirming its dedication to financial sustainability, operational efficiency, shareholder value, and Ghana's energy security.