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Ghana is yet to create billionaires from gold, cocoa after 100 years of exports [Video]

The Chief Executive of the Ghana Investment Promotion Centre, GIPC, Yofi Grant, has bemoaned the country’s inability to create billionaires despite being a top exporter of gold and cocoa.

According to him, after so many years of exporting these products, it is unfortunate that corresponding wealth status has not been created.

In this light, he believes that when the private and public sectors of the economy collaborate, they will be able to create the economy that Ghana is meant to have.

Speaking at this year’s Club 100 awards on October 28, 2024, he said: “Ghana has been exporting gold for more than 100 years and perhaps cocoa for even longer but we haven’t created any billionaires out of these two exports that we have.

“I am convinced that the private sector in partnership with the public sector will be the real impetus and movement of our economy,” he added.

The GIPC …

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New Year's Resolution Bootstrap a Startup with a Paycheck and 1Mby1M [Video]

We are in 2025. Hundreds of thousands of tech businesses have already been built successfully. Let's learn from those who have come before us. Girish Navani started eClinicalWorks, a healthcare IT venture by bootstrapping with a paycheck. Girish scaled to over $500M in revenue. Since 2006, I have spent thousands of hours interviewing successful entrepreneurs. Listening. Asking questions. Understanding. Extrapolating. Learning about their mistakes. Capturing their lessons from the trenches. I encapsulated their anecdotal knowledge into Methodology. I have been running One Million by One Million (1Mby1M) since 2010. Our unwavering mission has been to democratize entrepreneurship education, incubation and acceleration. What is Core Startup Methodology? Bootstrapping. Positioning. Market Sizing. Customer Validation. Customer Acquisition. Financing. Team Building. We have to learn Domain Specific nuances. We call them Electives. Artificial Intelligence. Machine