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17 May 2018 | Business & Finance

Kosmos Innovation Trains 9 Ghanaian Agribusinesses

Daily Guide
The KIC team, Ideation team and participants
The KIC team, Ideation team and participants

Nine Ghanaian agribusinesses selected to participate in the inaugural Kosmos Innovation Center Business Booster programme have successfully completed six months of training designed to help them grow their businesses.

The training programme culminated into the second and final five-day bootcamp which focused on preparing nine businesses to meet potential investors.

Twelve investors, whose intention is to generate a measurable, beneficial social or environmental impact alongside a financial return, participated in the day's event.

These are Meclink, which produces high-quality vegetables for the domestic market; Moringa Connect, a fruit processing company; Moringa King, which processes Moringa leaves into nutritious beverages; Meannan Foods, which processes and packages hygienic Ghanaian foods for the local market; Solution Oasis, which manufactures premium natural skincare products and Tilly Farms, which produces pork and pork products.

The others are Seidag, which supplies beef products in Ghana; Contrapack, which extracts, refines and produces tertiary value-added products such foods, cosmetics and pharmaceutical products from natural, virgin tropical vegetable soils & fats and GEES Fresh Point, a guinea fowl processing company.

Prior to the second bootcamp, the agribusinesses participated in a variety of capacity-building workshops covering topics as varied as business strategy, record-keeping, effective presentation, corporate governance, investor mapping and engagement and networking.

The agribusinesses were also paired with carefully selected mentors and seasoned entrepreneurs who coached them for the duration of the programme.

George Sarpong, Kosmos Energy's Director of Corporate Affairs, who leads the Kosmos Innovation Center said: “We know that Kosmos Energy's future success is fully connected to Ghana's success. As a result, we want to help Ghana create a healthy, diverse and thriving economy. The Kosmos Innovation Center is our way of investing in the country's future beyond oil and gas. We would like to see these agribusinesses expand and create more jobs for society.”

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