SPECIAL EDITION NOVEMBER 2020
PREFOS AND 3 BROTHERS COMPANY OF EGYPT SIGN COLLABORATION AGREEMENT
In a bid to expand its production capacity in Africa and create more jobs for the youth, Prefos Limited has signed a Memorandum of Understanding (MoU) with 3Brothers Company Limited of Egypt to work together for the mutual beneﬁt of both companies. As part of the agreement, 3Brothers will assist Prefos Ltd to set up LED and solar lighting assembly line in Kumasi to assemble and distribute solar and LED solutions, ﬂood lighting, street lighting, outdoor and indoor lighting luminaries to the Ghanaian and West African markets. The two companies will also have a common trade name for their products, in addition to working together to develop and maintain a network of contacts, agents and business links within the sub region to promote their business interests. The Managing Director of Prefos Limited, Wendy Agyemang Duah signed on behalf of Prefos Limited, while the Deputy Director of 3 Brothers and head of the delegation initialed for her company.
3 BROTHERS LIMITED VISIT ADAKO JACHIE
Representatives of 3 Brothers Limited have paid a working visit to the Prefos factory at Adako-Jachie to familiarize themselves with the company’s activities in Kumasi. The delegation was led by Madam Eirini Meshil, a Deputy Director of the company. Speaking at a press brieﬁng, Madam Eirini commended Prefos for its massive factory facilities and expressed satisfaction at the level of investments Prefos has made in the factory. They toured the factory ﬂoor, visited the Poles Site at IPT, the carport, the Prefos Electrical Training Center, and the showroom. They later had a closed door discussion with the Chief Executive Ofﬁcer of Prefos Limited, Alexie K. Fosu in his ofﬁce.
Prefos donates 150 000 to the President’s COVID-19 Trust Fund
Prefos Ltd has donated an amount of 150,000 cedis to the National COVID Trust Fund set up by President, Nana Addo Danquah Akufo Addo to mobilize active corporate support to fight the Coronavirus.
The company also presented over 4000 hand sanitizers, 200 veronica buckets, 200 tables, and 100 PPE’s totaling 250, 000 cedis.Speaking at the presentation ceremony at the Flagstaff House Annex on behalf of the CEO, Mr. Dickson Tweneboah-Koduah said the donation was the company’s response to the President’s appeal for corporate support to combat the virus.He said Prefos considers the gesture as part of its corporate social responsibility and called on other companies and benevolent Ghanaians to support the President’s initiative.
He praised the Government for its management of the virus and called on every Ghanaian to support the President in the fight against the virus.
Receiving the cheque on behalf of the Board of Trustees and the people of Ghana, a former Chief Justice, Justice Sophia Akuffo, who is also the Chairperson of the Board of Trustees commended Prefos Ltd for its timely donation.
She said the items were very thoughtful because they were essential and in high demand. She was also full of praise for the financial donation and thanked the company profusely for its king gesture. Justice Sophia Akuffo prayed for God’s blessing for Prefos Ltd and said the items will be deployed for its intended use to bring relief to Ghanaians.
Two Children’s Training Centers receive help from Prefos Ltd
Two institutions, the Osu Orphanage and the South Labone Girls Vocational Training Center have received various items from Prefos Limited to help fight the Coronavirus.
The items include hand sanitizers, veronica buckets, tables, chairs and kitchen towels.
Making the presentation at the Osu Children’s Home, Perpetual Nyarko of Prefos Limited said the donation was the company’s contribution towards keeping the inmates safe. She praised staff of the home for their hard work and dedication to the upkeep and welfare of the children and prayed God’s wisdom and protection over the facility.
At the Labone Girls Vocational Center, Mr. Theodore Dzeble, the Communications Manager of Prefos said the company has a tradition of giving back to the community, particularly the vulnerable, and looked forward to continued collaboration between Prefos Ltd and the Center.
Prefos completes Installation of Solar Lights in Accra
Prefos Limited has completed the installation of 25 solar lights in four separate locations in Accra under the Enhancement of Road Safety-Phase Two, Turnkey Implementation of Photovoltaic Street Lighting Program in Ghana.
The project, which is being currently supervised by the Ghana Highway Authority (GHA) on pilot, is meant to improve general lighting and visibility on the highways particularly in accident prone areas to reduce the rate of carnage on our roads.
Four locations, including the Supreme Court of Ghana, the Ghana Law School, and two residential apartments of Ghana Highway Authority staff in Burma Camp and Roman Ridge benefited from the pilot.
Handing over the project to the Ghana Highway Authority in Accra, the Project Manager for Prefos Ltd, Mr. Klenam Attipoe said Prefos was delighted to finish the project on time despite the negative impact of COVID-19 on the progress of work and staff morale.
On his part, the Director of Road Safety and Environment of the Ghana Highway Authority, Mr. Mohammed Abdullah Billey expressed satisfaction about the quality and standard of work that Prefos has invested into the project.
He said the initial testing showed a very high effervescency level and indicated that the next phase of the project would involve the installation and maintenance of 200 solar lights along the Cape Coast Highway, to be followed by 1,100 new solar installations nationwide.
Prefos inaugurates a new office complex
Prefos Limited has inaugurated a new office complex at East Legon, a suburb of Accra. The complex which doubles as the company’s headquarters has a showroom, a modern conference hall, office spaces and a security post.
The Chief Executive Officer of Prefos Limited, Mr. Alexie K. Fosu dedicated the building to God. In an interaction with staff, he reminded them of the company’s humble beginnings and urged them to maintain humility and diligence in their work.
“We used to hire office spaces in Accra when we started because we had no place of our own. But God has been good to us over the years. I am thankful to him for this blessing, and I pray we will use it to serve God and our nation in a most fruitful way,” he said.
PREFOS CELEBRATES ANNUAL THANKSGIVING
CEO’s New Year Message
I am extremely grateful to God for seeing the I company through another year. Last year, we went through some very trying times for me as an individual and the company as a whole. However, the tough times could not match the faithfulness and the goodness of God which manifested in many ways. By the grace of God, our company is becoming stronger, bigger and more versatile in our operations. Our expansion work is already underway and we are trusting the Lord our God to show us what to do. We are totally in his hands. In the course of last year, two ofﬁcers and one driver departed the company for various reasons. But we are grateful to God that two very qualiﬁed and experienced engineers, in the persons of Abass Karikari and Klenam Winston Attipoe joined our team. They would help us with the MIDA Project and other projects taking place in Accra, Tema, Kumasi and elsewhere in the country. We have also engaged a qualiﬁed internal auditor, Perpetual Nyarko, to help in re-organizing and bringing more efﬁciency to our internal operations. Nancy Addison Danquah also joined the company last year as my Personal Assistant.
As the team becomes bigger, our wage bill is also rising. But this will need to be complimented by hard work, dedication to duty and honesty from everyone in order for the company to continue to be proﬁtable and adaptable to modern trends. I am grateful to you all for all the hard work in the preceding year. Let’s join our hands together and work hard to the glory of God. God has promised to bless our hard work so I urge you all to keep your eyes on the ultimate goal, the vision of our company, and let’s work with joy for God, Ghana and for ourselves.
Alexie K. Fosu
Hard-working staff of Prefos Limited went home with several mouth-watering awards as part of activities marking this year’s Prayer and Fasting event. The Overall Best Worker Award in the Administration Department was won by Mr. Fred Odei Nkansah. He received the symbolic keys to a Toyota Corolla saloon car. Mr. Akwasi Frimpong also won a Toyota Corolla for emerging the Overall Best Worker in the Electrical Department. Mr. George Acheampong also won a Toyota Corolla for being adjudged the Overall Best Worker in the Transport Department. Three dedicated staff who have served the company faithfully for several years received the CEO’s Special Housing Award. They are Mr. Mario Obodai-Torto, Esther Larbi, and Irene Tutu Sarfo. They would each receive a 100 thousand cedis injection into their housing projects. Mr. Patrick Mintah, one of the company’s most promising drivers won the CEO’s most coveted Special Award. For his price, he took away aToyota saloon car. Other hardworking staff of the company took away several awards, including cash, double-door fridges, deep freezers, laptops, Home theatres, LED digital television sets, and gas cookers among others.
The Company also spent time with the inmates of the Cherubs Orphanage at Santasi-Apire, a suburb of Kumsi. An amount of Fifteen thousand cedis cash and several items worth thousands of cedis was presented to the orphanage. Receiving the items on behalf of the orphanage, the CEO, Elder Osei-Bonsu, was thankful to Prefos Ltd for the donation. He hoped this would mark the beginning of a viable working relationship with Prefos Ltd.
The event which was held at the Accra International Conference Centre from the 16th to 18th of October 2019, brought together climate experts from different countries. Mr. Asamoah Agyemang, who represented Prefos Ltd, shared some insightful experiences on the topic at the plenary.
Prefos Ltd also seized the opportunity to take
part in an international exhibition which showcased various aspects of the company’s projects in the sub-region.
PREFOS SECURE $ 200M EUROS FROM SLOVENIAN COMPAN
Prefos Limited, an electrical and engineering company in Ghana, has signed a memorandum of understanding (MOU) with Le-Tehnika of Slovenia for the release of 200 million euros to support the expansion works of Prefos at Adako Jachie in the Ashanti Region.
The Managing Director of Prefos Limited, Mr. Alexie K. Fosu, signed for his company while the Managing Director of Le-Tehnika of Slovenia, an LED light manufacturing company in Europe, Mr. Drago Lemut, initialed for his company.
Ghana’s Ambassador for Italy with additional responsibility for Slovenia, Madam Paulina Patience Abayage, who brokered the deal and brought the two companies together, witnessed the signing ceremony.
Already, Prefos has secured a large tract of land at Baworo, near Adako Jachie, for the implementation of the deal. The land was inspected by the ambassador, the investors and other government officials.
Explaining the deal, Madam Abayage said the development was in fulfillment of the charge given to them by the President to move beyond wining and dining to economic diplomacy where ambassadors would sell Ghana’s potential to investors for the development of the country.
She added that the President’s declaration of Ghana beyond aid required that diplomats sought partners who would bring investment that would lead to the establishment of new and/or expansion of existing industries in Ghana to create decent and sustained employment and wealth for the people, while at the same time expanding the local economy.
She said as part of the agreement, Le-Tehnika would provide 200 million euros to be used to expand and equip Prefos Limited into an ultra-modern factory to meet the increasing demand for its products and services for the African markets.
Madam Abayage added that the funds would also be used to enlarge the Prefos Electrical Training Center in Kumasi and equip it with modern facilities capable of producing highly skilled electrical technicians for Ghana and the West African Sub-region.
She explained that the deal would also assist Prefos to train 2,500 youth, about 10 from each district assembly in the street light assembling technology and maintenance aside from others who would be trained in manufacturing and assembling.
In his comments before appending his signature to the documents, Mr. Fosu said the deal would make Ghana the manufacturing base of the luxtella luminaries in West Africa, create more jobs as part of government’s efforts to provide employment for the teeming youth in Ghana.
He said the deal would also strengthen relations between the two countries, provide enough lights in the country to reduce road accidents and criminal activities and strengthen sub-regional economies by promoting commercial activities in all sectors.
A Deputy Minister for Roads and Highways Mr. Kwabena Owusu Aduomi, expressed delight that a Ghanaian company could partner with other companies in Europe to inject more technology for expansion and create more jobs.
Mr Aduomi, who is also the Member of Parliament (MP) for Ejisu, described the company as a good and hardworking one that had quality service delivery as its hallmark.
Mr. Lemut said the relationship with Prefos and the investment was to ensure that Ghana was used as a hub for the manufacturing and distribution of their products in West Africa.
COMPLETION OF ELECTRICAL INSTALLATION WORK ON THE GEORGE WALKER BUSH/PANTANG-ABURI HIGHWAYS
PREFOS Ltd, a leading electrical engineering company has successfully completed the refurbishment of street lights on the George Walker Bush (N1) and the Pantang-Aburi highways.
The repair work which lasted for 18 months, would enable motorists and all road users to enjoy superior illumination that befits the city of Accra as a major gateway in the sub-region. It would also provide an incentive for businesses to thrive in addition to enhancing security of traders and citizens.
The refurbishment consists of planting of new electrical poles, laying of underground cables, installation of control panels and retrofitting of existing luminaries.
Prefos wishes to thank the public, particularly motorists who ply these stretch of roads for their patience and support, which helped to facilitate the timely completion of the project. Prefos is committed to providing world-class street lighting system to enhance the beautification of our major cities and towns, and to promote brisk commercial activity. We urge all citizens to safeguard the street lights, particularly the cables to ensure that the country obtains value for the investment.
About Prefos Ltd
Prefos Limited provides electrical and civil engineering services in Ghana and in the sub region. Our competence is in electrical construction, engineering, electrical installation and maintenance of street lights. Prefos also assembles imported street light components for distribution in Ghana and is a major supplier of electrical accessories, transformers, cables, fuses, arrestors, steel and treated wood poles.
“Support Prefos to create more Employment” President, Chamber of Commerce
The President of the Ghana National Chamber of Commerce (GNCC), Nana Dr. Appiagyei Dankawoso 1, has called on the government to support the private sector to accelerate Ghana’s economic growth and development.
He said the private sector is the engine of growth, employing 94% of the working population, while government employs only 6%. Supporting the private sector would therefore serve as the catalyst for the nations prosperity.
“Prefos has worked hard for the past 26 years to create jobs for many Ghanaians. There is therefore the need for more government support and private sector collaboration to enable the company expand to become an indigenous conglomerate.
Dr. Dankawoso who is also the President of the Pan African Chamber of Commerce made these observations during a familiarization visit to the company’s state-of-the-art factory at Jachie, near Ejisu in the Ashanti region. The visit was also to update the President of the Chamber and his entourage about the current state of the company’s facilities and to explore new ways of business collaboration.
He praised the management and staff of Prefos for their tenacity in lighting up the streets of Ghana and for contributing to the country’s economy through job creation. He singled out the company’s youth training and development program for commendation, and urged other companies particularly those in the private sector to collaborate with Prefos for mutual growth.
Ms. Wendy Owusu, a Director of Prefos was appreciative of the visit and thanked the Chamber for its support. She said Prefos has collaborated with the Chamber for many years and would continue to team up with the Chamber to improve the business climate in the country and in the sub-region.