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Kennedy Agyapong, Osei Kwame Despite, and three other Ghanaian businessmen who rose from poverty to become millionaires

Fri, 21 Apr 2023 Source: Alby News Ghana

The majority of Ghanaian businesspeople started their companies with little money, but they have subsequently become some of the country's wealthiest individuals.

Despite being born into poverty, Dr. Osei Kwame Despite, Dr. Papa Kwesi Nduom, Dr. Kwaku Oteng, and Kennedy Ohene Agyapong have managed to escape it.

includes a list of five prosperous Ghanaian businessmen who created their now-thriving companies to escape poverty.

Some entrepreneurs in Ghana came from modest backgrounds, but they have used the country's stable climate to launch and expand their businesses.

Names like Dr. Osei Kwame Despite, Dr. Papa Kwesi Nduom, Dr. Ernest Ofori Sarpong, Kennedy Agyapong, and Dr. Kwaku Oteng are known to have come from humble beginnings but are now flourishing as some of the most successful businesspeople in the nation thanks to their tenacity, originality, and hard work.

Role models for start-up companies and entrepreneurs, these millionaires and businessmen emerged from poverty after building business empires.

Kennedy Agyapong, Ernest Ofori Sarpong, and Osei Kwame Despitehas prepared a list of five Ghanaian businesspeople who, by starting their own companies, were able to escape poverty.

1. The Despite Group of Companies was founded by Dr. Kwame Despite.

Dr. Osei Kwame Despite, better known as Despite, founded the prosperous Despite Group of Companies, which includes media and real estate businesses.

He was born into a poor family, but he never gave up on his aspirations. He was forced to drop out of school at a young age to help his family. He persisted nevertheless, and the result was a successful corporate organization.

The Wiamoase native of Agona in Ghana's Ashanti Region began as a part-time merchant in Dunkwa Offinso, selling anything from padlocks and feeding bottles to music cassettes.

Despite never envisioning himself obtaining the success he has now, he was sure he would succeed.

"God has enabled all things. Despite having dreams, I never imagined I would get this far, he reportedly stated.

The Despite Company Ltd. has media-related businesses, including the largest and best-known FM station in the country, PEACE FM, as well as OKAY FM, NEAT FM (both in Accra), and HELLO FM in Kumasi.

Despite also owns and operates NEAT dishes LTD., a company that processes plantains, cocoyams, corn, and palm fruits into prepared dishes. The millionaire has opulent residences and expensive vehicles all throughout the nation.

The creator and CEO of the Angel Group of Companies is in charge of a number of companies, including Angel FM, Adonko Bitters, Angel TV, and the Angel Educational Complex. He is highly recognized for his business savvy and has accumulated a wealth in the millions.

Born into poverty, Dr. Kwaku Oteng shared the secret to his success in a previous interview and detailed how giving his tithe has enabled him to amass fortune.

"I recall that roughly 20 years ago, I had never earned more than one million cedis in earnings. I would get sick whenever my income was between GH80 and GH100, and I would spend the money to treat myself. He had claimed on Angel FM, a radio station he owns, "By the time I got healthy, the money would have finished; then I'd get back to work.

The B&FT quotes the pastor as saying, "So I went to my pastor with my problem and he asked me to pay my tithe appropriately because if I did, within six months, I could make up to three million."

Dr. Kwaku Oteng claimed that because he followed his pastor's advice, he soon became very wealthy.

He established Groupe Nduom, a commercial conglomerate that ran banking, pension, insurance, hospitality, media, and real estate businesses in Ghana, Liberia, Togo, and the United States.

The life of Nduom is one of tenacity and perseverance. He struggled to obtain an education while growing up in a small fishing community. His University of Wisconsin-Madison doctorate in service delivery systems is his.

4. Dr. Ernest Ofori Sarpong, a businessman from Ghana, founded the Special Ice Company.

The Special Ice Group of Companies was founded by Dr. Ernest Ofori Sarpong, a significant figure in Ghana's food and beverage industry. He was reared in a household that was not particularly wealthy, so he had to work very hard to start his firm with his own money.

Nevertheless, Dr. Sarpong persisted in his endeavors and built a successful business empire.He established the building and real estate firm SPECIAL INVESTMENTS LTD.

They established the United 2 Co. Ltd., a holding company for the 600-acre salt mining enterprise and refinery at Winneba in the Central Region, along with Dr. Osei-Kwame (also known as Despite), a personal friend of Dr. Sarpong. Additionally, the two worked together to form United Television (UTV Ltd.), one of the biggest TV stations in the country today.

The mineral water business SPECIAL ICE LTD., with two factories in Accra and Kumasi, was created by Dr. Sarpong.

The majority of Ghanaian businesspeople started their companies with little money, but they have subsequently become some of the country's wealthiest individuals.

Despite being born into poverty, Dr. Osei Kwame Despite, Dr. Papa Kwesi Nduom, Dr. Kwaku Oteng, and Kennedy Ohene Agyapong have managed to escape it.

Five prosperous Ghanaian businessmen who overcame poverty by starting their now-thriving companies are listed on YEN.com.gh.

Some entrepreneurs in Ghana came from modest backgrounds, but they have used the country's stable climate to launch and expand their businesses.

Names like Dr. Osei Kwame Despite, Dr. Papa Kwesi Nduom, Dr. Ernest Ofori Sarpong, Kennedy Agyapong, and Dr. Kwaku Oteng are known to have come from humble beginnings but are now flourishing as some of the most successful businesspeople in the nation thanks to their tenacity, originality, and hard work.

Role models for start-up companies and entrepreneurs, these millionaires and businessmen emerged from poverty after building business empires.

Kennedy Agyapong, Ernest Ofori Sarpong, and Osei Kwame Despitehas prepared a list of five Ghanaian businesspeople who, by starting their own companies, were able to escape poverty.

1. The Despite Group of Companies was founded by Dr. Kwame Despite.

Dr. Osei Kwame Despite, better known as Despite, founded the prosperous Despite Group of Companies, which includes media and real estate businesses.

He was born into a poor family, but he never gave up on his aspirations. He was forced to drop out of school at a young age to help his family. He persisted nevertheless, and the result was a successful corporate organization.

The Wiamoase native of Agona in Ghana's Ashanti Region began as a part-time merchant in Dunkwa Offinso, selling anything from padlocks and feeding bottles to music cassettes.

Despite never envisioning himself obtaining the success he has now, he was sure he would succeed.

"God has enabled all things. Despite having dreams, I never imagined I would get this far, he reportedly stated.

The Despite Company Ltd. has media-related businesses, including the largest and best-known FM station in the country, PEACE FM, as well as OKAY FM, NEAT FM (both in Accra), and HELLO FM in Kumasi.

Despite also owns and operates NEAT dishes LTD., a company that processes plantains, cocoyams, corn, and palm fruits into prepared dishes. The millionaire has opulent residences and expensive vehicles all throughout the nation.

The creator and CEO of the Angel Group of Companies is in charge of a number of companies, including Angel FM, Adonko Bitters, Angel TV, and the Angel Educational Complex. He is highly recognized for his business savvy and has accumulated a wealth in the millions.

Born into poverty, Dr. Kwaku Oteng shared the secret to his success in a previous interview and detailed how giving his tithe has enabled him to amass fortune.

"I recall that roughly 20 years ago, I had never earned more than one million cedis in earnings. I would get sick whenever my income was between GH80 and GH100, and I would spend the money to treat myself. He had claimed on Angel FM, a radio station he owns, "By the time I got healthy, the money would have finished; then I'd get back to work.

The B&FT quotes the pastor as saying, "So I went to my pastor with my problem and he asked me to pay my tithe appropriately because if I did, within six months, I could make up to three million."

Dr. Kwaku Oteng claimed that because he followed his pastor's advice, he soon became very wealthy.

He established Groupe Nduom, a commercial conglomerate that ran banking, pension, insurance, hospitality, media, and real estate businesses in Ghana, Liberia, Togo, and the United States.

The life of Nduom is one of tenacity and perseverance. He struggled to obtain an education while growing up in a small fishing community. His University of Wisconsin-Madison doctorate in service delivery systems is his.

4. Dr. Ernest Ofori Sarpong, a businessman from Ghana, founded the Special Ice Company.

The Special Ice Group of Companies was founded by Dr. Ernest Ofori Sarpong, a significant figure in Ghana's food and beverage industry. He was reared in a household that was not particularly wealthy, so he had to work very hard to start his firm with his own money.

Nevertheless, Dr. Sarpong persisted in his endeavors and built a successful business empire.He established the building and real estate firm SPECIAL INVESTMENTS LTD.

They established the United 2 Co. Ltd., a holding company for the 600-acre salt mining enterprise and refinery at Winneba in the Central Region, along with Dr. Osei-Kwame (also known as Despite), a personal friend of Dr. Sarpong. Additionally, the two worked together to form United Television (UTV Ltd.), one of the biggest TV stations in the country today.

The mineral water business SPECIAL ICE LTD., with two factories in Accra and Kumasi, was created by Dr. Sarpong.

But he never gave up on his ambitions, and with perseverance and hard work, he created a prosperous business empire. The millionaire admitted that he managed the 1987 USA visa lottery, which is how he became wealthy.

He claimed that the money he received from the sales enabled him to invest in other pursuits. He said that an amnesty program was how he made his first investment.

The founder of the Bonabear Foundation in Ghana and a Commissioner at the SMM IHRC in Ghana gave an account of how he overcome obstacles to succeed in life.

He described how financial limitations prevented him from realizing his early dream of becoming a doctor.

Source: Alby News Ghana