Letshego Ghana Savings and Loans PLC has extended a credit facility of up to GHS 200 million to the Catholic Church, in partnership with Lumen Energy, to support a groundbreaking solar energy project that will power more than 4,000 Catholic institutions across Ghana.
The official signing ceremony, held at the National Catholic Secretariat in Accra, brought together leaders from the Ghana Catholic Bishops’ Conference, Lumen Energy, Letshego Ghana, and Development Bank Ghana (DBG). The initiative is being hailed as one of the largest private sector-led clean energy collaborations with a religious institution in the country.
In his address, Most Rev. Bishop Edoe Kumordzi, Chairman of the Board of Lumen Energy and representative of the Ghana Catholic Bishops’ Conference, described the project as a milestone in promoting environmental stewardship.
“Today, we mark a defining moment in our shared mission to promote renewable energy and safeguard our planet for future generations. 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,” he stated.
The project will see solar installations rolled out across schools, hospitals, parishes, and administrative centres under Catholic dioceses nationwide. It will also provide training and employment opportunities for young people.
CEO of Letshego Ghana, Nii Amankra Tetteh, highlighted the company’s commitment to social impact.
“At Letshego, everything we do is anchored on our purpose: improving lives. 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.”
DBG’s Head of SDI Lending (Wholesale Investment), Ms. Anita Solomon, underscored the bank’s commitment to climate finance, revealing that GHS85 million has already been disbursed for the project.
“This GHS200 million solar project 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. 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,” she said.
DBG has so far invested over GHS112 million in climate-resilient initiatives across Ghana. The Catholic solar project is expected to serve as a blueprint for scaling solar adoption across other sectors.
The initiative supports Ghana’s Nationally Determined Contributions under the Paris Agreement and advances key targets of the United Nations Sustainable Development Goals (SDGs).
Letshego Ghana is a licensed financial services provider offering loans to public and private sector employees, as well as support for Micro and Small Entrepreneurs. The company, a wholly owned subsidiary of Letshego Group, operates as a non-bank financial institution with 10 branches and over 100 employees.
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