Letshego Ghana Savings and Loans PLC has signed a landmark partnership with the Catholic Church to finance a GH¢200 million solar energy project that will power more than 4,000 Catholic-run institutions across Ghana.
Letshego Ghana Savings and Loans PLC is a licensed financial institution that offers credit to public and private sector workers, as well as micro- and small-scale entrepreneurs. It is a wholly-owned subsidiary of the Letshego Group, with 10 branches and over 100 staff across Ghana.
The ambitious initiative, launched in collaboration with Lumen Energy and supported by Development Bank Ghana (DBG), is one of the largest private sector-led clean energy investments involving a religious body in the country.
The official signing ceremony, held at the National Catholic Secretariat in Accra, brought together representatives of the Ghana Catholic Bishops’ Conference, Lumen Energy, DBG, and Letshego Ghana to mark the beginning of a project that is set to significantly contribute to Ghana’s renewable energy transition and climate commitments.
The project will see solar systems installed across Catholic schools, hospitals, parishes and diocesan administrative offices nationwide. It also aims to create employment through technical training and installation opportunities for young people.
Speaking at the ceremony, Most Rev Bishop Edoe Kumordzi, the Chairman of the Board of Lumen Energy and representative of the Ghana Catholic Bishops’ Conference, described the agreement as a milestone for faith-based climate action.
“Today, we mark a defining moment in our shared mission to promote renewable energy and safeguard our planet for future generations,” he said, and added “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.”
NiiAmankraTetteh, the CEO of Letshego Ghana, said the project aligns strongly with the company’s commitment to social and environmental 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 and we are proud to stand with the Catholic Church on this bold journey,” he explained.
Development Bank Ghana, which has already disbursed GH¢85 million for the project, said it views the initiative as a model for scalable green financing.
Ms. Anita Solomon, Head of SDI Lending at DBG, also added, “This is a shining example of what strategic partnerships can achieve. DBG was established to finance Ghana’s transformation, and green financing is a key pillar. Through our partnership with Letshego, we’re proud to support the Catholic Church in delivering clean, reliable power to its institutions.”
So far, she said DBG has invested over GH¢112 million in climate-resilient projects across Ghana.
This Catholic Church solar initiative is expected to serve as a blueprint for renewable energy adoption across other institutional networks in the country.
The project also supports Ghana’s Nationally Determined Contributions (NDCs) under the Paris Agreement and contributes directly to several UN Sustainable Development Goals (SDGs), including clean energy (SDG 7), education (SDG 4), and climate action (SDG 13).
