The Birth of Regimanuel Gray Ltd
Mr. Emmanuel Botchwey, who was the Managing Director of Regimannuel Ltd at the time, established the company’s first office using scrap containers intended for disposal after completing a construction contract for Air Liquide in 1989. Since then, the couple has immersed themselves deeper in the real estate and construction business. Their hard work, determination, and integrity attracted the interest of David Gray from Gray Construction in Texas, who had come to Ghana in 1990 to seek local partners.
In 1991, Regimanuel Limited and The Gray Partners joined forces to create Regimanuel Gray Ltd. Later, in an international joint venture, Aureos Capital Partners West Africa, a regional venture capital firm, also became a part of Regimanuel Gray Ltd (RGL).
Over the years, the company has garnered significant investment interest due to its exceptional track record in delivering world-class construction projects. Regimanuel Gray Limited stands as a remarkable example of a successful private sector joint venture in Ghana, originally formed between Regimanuel Ltd, a Ghanaian company, and Gray Incorporated of Texas, USA. In 2008, the Aureos Africa Fund, a regional venture capital institution, joined the partnership.
In 2010, The Gray Partners sold their shares in the company to Regimanuel Ltd and exited the business. In July 2019, the Aureos Africa Fund transitioned into Neoma Africa Fund L.L.C, a private limited liability company incorporated under the laws of the Republic of Mauritius.