The Bank of Ghana has officially licensed Ghanaian owned Obsidian Achernar and other 17 other firms to be the primary dealers of government bonds.

The appointment follows the invitation by the Finance Ministry for banks and other financial agencies to apply to be dealers and Bond Market Specialists (BMSs).

Obsidian Achernar is currently the only brokerage firm that has been approved by the Central Bank to operate as a primary dealer and FX Broker.

Other established dealers who were listed include Absa Bank, Stanbic Bank and Standard Chartered.

Obsidian Achernar is a wholly Ghanaian-owned firm that specializes in delivering high-quality services for a broad range of financial products.

It has experience across Financial technology, Fixed Income, Currencies and Commodities brokerage, Corporate Advisory; where it helps African companies to compete on the international level.

As an indigenous Ghanaian firm, they understand what it means to do business in Africa whilst holding themselves to a rigorous international standard.

Their vision is to be the foremost financial institution for the African markets as they mature and to deliver financial products that are designed to meet the needs of their clients in a constantly evolving market environment.

They do so with extensive services, a diversified client base, platform scalability, and leading proprietary technology, data and analytics offerings.

The firm has about 50 professionals across the globe, 30 of whom are based in Accra, with key teams in Europe, London and an established network of partners based in Kigali, Kinshasa, Johannesburg, Lagos, Abidjan, Nairobi and Arusha.

Additionally, they have banking relationships with tier one international Banks, Private Equity, Pension and Hedge Funds in the USA, Switzerland, UK and Hong Kong and work with a network of well-established banks in the varied markets of Africa.

The organization pride themselves on their attention to detail and the insightful and person centred nature of their customer service. The dedicated team is always on hand to help.