Meet Dr. Kofi Amoah, The Ghanaian Millionaire Who Made His First 2 Million Dollars After He Introduced Western Union To Africa

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Chris Osei
Chris Osei
The writer is Osei Chris Kofi. I have three strong passions in life — football, blogging and movies — in that order. I love spending time with friends talking about the important things in life and hate nothing more than ‘authority’ and hypocrisy. My personal believe in life is that once an individual sets his/her mind to achieve something, it is totally possible. And oh!, I am a strong Lannister, because I always pay my debt. For writing or fixing gigs, contact oseikofichris@gmail.com.

On this week’s episode of the Delay Show hosted by award-winning presenter, Deloris Frimpong Manso aka Delay, she hosted one of the most respected millionaires in Ghana, Dr. Kofi Amoah.

The interview was very insightful and revealing so zionfelix.net decided to put together this piece of how he made his first 2 million dollars back in 1995.

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Dr. Kofi Amoah is a celebrated Ghanaian businessman who had his secondary education in the 1960s at Opoku Ware School (OWASS) in Kumasi in Ashanti Region Ghana.

In the interview with Delay, he disclosed that he was then on scholarship, courtesy of a free compulsory education which was a national education policy of Ghana’s first president, Dr. Kwame Nkrumah.

He completed Kwame Nkrumah University of Science and Technology (KNUST) and the University of California, Berkeley in the United States of America (USA) also on a stipend from the government.

His professional experience covers Business Management, Business Development and Investment Services.

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Dr. Kofi Amoah Chief Executive Officer, Progeny Ventures facilitated the entry of the global remittance service provider, Western Union, into Africa.

The introduction of Western Union to Ghana first back in 1995 and later to many African countries which are still enjoying the services of the global remittance service provider helped him to quickly make his first 2 million dollars even though his attempt at making a million proved futile.

He has also served as Non-Executive Director of State Insurance Co of Ghana Ltd since May 29, 2008. He worked in the United States at Northrop, Electronic Data System (EDS), Southeast Investment Corporation Development, Elsafe Incorporated, Global One and Bear, Stearns Inc.

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He is also the founder and president of J.S. Investments Inc., Los Angeles, PPVI Ghana Ltd, and Progeny Aluminum and Design Ghana Ltd. He was a member of the Ghana Investment Advisory Council, a past member of the Ghana Football Association, and Chairman of the Local Organising Committee during the Ghana 2008 tournament.

He owns Citizen Kofi, a popular entertainment centre in Accra.

In sports, Dr. Amoah was the chairman of the Local Organising Committee of CAN 2008. He was also the leader of the FIFA/ CAF liaison team that was formed to intros the affairs of national teams in the country during the crisis period.

Watch the interview below for all the gists

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