RORO Holdings, incorporated in the United States, and RORO Strategic Holdings, incorporated in Ghana, have executed a formal Technology Service Agreement (TSA) — the foundational legal document governing the relationship between the two entities.
Under the TSA, RORO Holdings (USA) provides proprietary software infrastructure, digital systems, and technology governance services to RORO Strategic Holdings (Ghana) on commercially documented terms.
The TSA is a critical governance document for the group. It ensures that the technology advantage developed on the US side of the group is made available to the Ghana operations under a legally sound framework.
The agreement was prepared with input from legal counsel in both jurisdictions. Its existence and structure is disclosed to investors and counterparties as part of the group's commitment to full transparency.
'The TSA is not just a legal formality,' said CFO Stephen Quansah. 'It is the mechanism through which we ensure that the Ghana operations benefit from the technology and infrastructure of the broader group, and that this relationship is governed properly.'