TotalEnergies Boosts Ghana’s Economy Through Jobs, Taxes, and Youth Empowerment—“We are not just an energy company; we are a development partner,” declared Mr. Olufemi Babajide, Managing Director of TotalEnergies Marketing Ghana PLC, as he addressed investors and stakeholders at the Ghana Stock Exchange’s Facts Behind the Figures forum.
With an 11% revenue growth in 2024 and a record GH₵ 1.7 billion tax contribution, the company is proving to be a key player in Ghana’s economic development.
Creating Jobs and Supporting Local Businesses
Mr. Babajide pledged TotalEnergies Ghana’s commitment to job creation, revealing that over 6,700 Ghanaians are employed across its ecosystem—ranging from station dealers and suppliers to contractors and transporters. “When we grow, our people grow,” he said, explaining how the company prioritizes local procurement to empower Ghanaian businesses.
Rexford Adomako-Bonsu, a Director of the Company, added that local contractors and transporters receive financial and technical support to improve their operations. “We are building a strong downstream sector, one entrepreneur at a time,” he said.
Empowering the Next Generation of Entrepreneurs
For Kwame Owusu, a former fuel station attendant, TotalEnergies Ghana’s Young Dealer Scheme was life-changing. “I started as an attendant, but today, I manage my own station without needing startup capital,” he shared. This initiative provides interest-free financial support worth GH₵280 million per month to over 230 Dealers, giving young people a chance to own businesses.
The company also nurtures young entrepreneurs through its Startupper of the Year Challenge, where winners receive financial aid, coaching, and publicity. “We don’t just reward ideas; we invest in them,” Mr. Babajide stated. Over GH₵4.8 million has been awarded so far, supporting over 60 businesses.
Meanwhile, Hannah Afriyie, Health, Safety, Security, and Environment Manager, highlighted the company’s Young Graduate Program, which has trained 39 Ghanaian graduates for leadership roles. “These young talents are our future managers, and we are equipping them to lead,” she noted.
Investing in Sustainability and Community Growth
TotalEnergies Ghana’s “5 Levers for Sustainable Change” initiative is not just a corporate strategy—it’s a commitment. “Our stations are going green,” Ms. Afriyie said, detailing the solarization of service stations and biodiversity assessments. The company also runs community projects such as scholarships for over 200 tertiary students, career fairs, and beach clean-ups.
Inclusion is also a priority. “We are not leaving anyone behind,” she affirmed, citing the company’s employment of physically challenged individuals, gender equality programs, and mandatory human rights training for contractors.
Strong Governance and a Future of Growth
With a firm stance, Mr. Adomako-Bonsu reinforced the company’s zero-tolerance policy for non-compliance, ensuring strong governance. This commitment has earned TotalEnergies Ghana prestigious certifications, including ISO 45001 for occupational safety, ISO 9001 for quality management, and ISO 14001 for environmental management.
Mr. Babajide expressed confidence in the future, saying, “with the strategies we have in place, 2025 will be even better. We thank our shareholders, investors, and customers for trusting us to drive Ghana’s energy future.”
From empowering young entrepreneurs to boosting Ghana’s tax revenue, TotalEnergies Ghana is not just in business—it is shaping the nation’s economic future.
Last Updated on March 31, 2025 by Senel Media
