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ENTREPRENEURSHIP

The Richest Man in Ghana

richest man in ghana 2020 forbes

who is the Richest Man in Ghana

Richest personalities in Ghana prefer not to disclose such information as incomes and net worth. It makes the question: “Who is the richest man in Ghana?” one of the most frequently asked by Ghanaians.

The richest man in Ghana is Charles Ampofo.

Charles Ampofo is the Chairman and Founder of Kampac Group, which has its headquarters in the business hub of Dubai in the United Arab Emirates (UAE).  The Group engages in various activities and operates Kampac Oil as its primary business.

CHARLES AMPOFO NET WORTH 

Charles Ampofo net worth in 2020 is estimated as 1.6 billion dollars

Charles Ampofo has created the largest energy city in the world in the Philippines and upon completion the company will be one of the top 50 oil companies in the Far East. He is a member of the Global Fortune Forum since 2005.

In 2010 Ampofo listed Kampac Oil on the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse, FWB) as Kampac International Plc, the firm secured 1.2 billion Euros after going public to help fund its investments in Africa after listing. The Kampac Group generates an annual revenue of $3.4 billion with operations in 13 countries.
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In 2011 Kampac Oil increased its asset base in exploration and production through acquisition of low risk assets, including producing and near production assets. This increased the total number of oil blocks and fields in the company’s portfolio; Kampac has 8 oil blocks in Kazakhstan, 3 in Mauritania, 2 in Nigeria and 2 in Senegal.

In Kazakhstan, Kampac Oil’s asset produces 40,000 barrels per day with estimated reserves of about 500 million barrels whereas in Mauritania the company’s asset produces 35,000 barrels per day with an estimated 300 million barrels.

Kampac acquired two blocks in Senegal, one onshore and the other offshore in Senegal. The 2 blocks called the St Louis block and Louga Block has oil reserves of between 3 to 6 trillion cubic feet (TCF) of gas, and 400 million barrels. Petrosen (Senegal’s national oil company) owns 15 percent whiles Kampac owns an 85 percent stake in the blocks. These 2  blocks are valued at more than $2 billion.

Kampac also has a 40 percent stake in Allem Transoil Refinery in Kazakhstan with refining capacity of 24,000 barrels/day. The company intends to invest $100 million in the refinery to increase refining capacity to 40,000 barrels/day.

Kampac Oil Middle East of Dubai, a division of Kampac International Plc., invested $5 billion to transform a 200-hectare property in Sual, Pangasinan in the Philippines into an “Energy City,” with current expansion, the city is now estimated to cost well over $10 billion. Kampac will employ about 10,000 to 14,000 workers once the project is completed.

Kampac Properties, a subsidiary of Kampac Group developed the Kampac Twin Tower in the business district of Colombo, Sri Lanka. The company is also undertaking a 10,000 Housing Project for the Ghana Police Service.

Dubai based KAMPAC FLORA another subsidiary distributes Ghanaian fruits and vegetables on the Dubai market which accounts for 10 percent of Ghana’s fruit exports

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Phoenix completed contracts which had over $4 billion audited financials with Tri Star and Kampac Oil to perform certain mobilization, transportation and construction projects.

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Kampac Oil Middle East, whose activities include oil and gas exploration, building oil storage facilities and trading in crude oil, has recently concluded a $70 million Memorandum of Understanding for a floating oil storage facility in Ghana. Kampac is currently finalizing a deal for a 600,000cbm crude oil storage farm and a 100,000 barrel/day refinery for a Venezuelan company.

ENTREPRENEURSHIP

Richest Woman in Namibia

richest woman in Namibia

Who is the Richest Woman in Namibia

Monica Geingos is the richest woman in Namibia

Monica Geingos is a Namibian entrepreneur, lawyer, and First Lady of Namibia since 2015. She has been a board member and director within many of the country’s large companies. She had also chaired the Presidential Economic Advisory Council.

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Geingos married the then-President-elect of Namibia, Hage Geingob, on February 14, 2015, shortly before he was sworn into office. She has served as First Lady since March 2015.

career

 she was voted one of the 12 most influential people of Namibia, and in 2020 she was in the list of 100 most influential African women. Geingos is a graduate of the University of Namibia, and spent the early part of her career working for the Namibia Stock Exchange (NSX) in Windhoek. Geingos served as Chairman of the Board of eBank Namibia and is the managing director of the financial undertaking Stimulus, and General Director of Point Break.

Richest Woman in Namibia

Monica Geingos is arguably the richest woman in Namibia. She founded the Economy Foundation in 2016.

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Promising to give away all her wealth – estimated at $3 million – to charity when she dies, Monica Geingos is on a mission to change the image of African first ladies and tackle sexism and inequality in Namibia, the world’s second most unequal country.

Geingos married Hage Geingob on Valentine’s Day in 2015 – a month before he was sworn in as president of the southern African desert nation, which gained independence from apartheid South Africa in 1990 but remains starkly unequal.

The couple then voluntarily declared their combined assets of some 110 million Namibian dollars ($7.44 million), a popular move in a continent where politicians and their wives, like Zimbabwe’s Grace Mugabe, grab headlines over unexplained riches.

About 6% of Namibia’s 2.5 million people are white. They dominate businesses and land ownership, a legacy of German and South African colonial rule, along with a growing black elite.

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ENTREPRENEURSHIP

How to Make Money on Quora

how to make money on quora

Learn how to make money by asking questions on quora

Did you know you can make money just by asking relevant questions or giving useful answers to questions online?

We are about to show you how.

What is Quora ?

Quora  is an American question-and-answer website where questions are asked, answered, followed, and edited by Internet users, either factually or in the form of opinions.

Today, the site gets almost 500 million views per month. this means the a great opportunity for anyone with an expertise in any field to make some real money.

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There two main ways one can make money on the quora platform.

1 Quora’s Partner Program

The Quora Partner program is an invite-only system that will pay you real money for asking questions on Quora. That’s right- by just asking questions, you can potentially earn thousands of dollars every month. You don’t have to provide answers either- users of Quora will happily provide answers to your questions-  you get paid based on the questions you ask. It sounds simple right? So how do you get an invite for this get-rich-quick scheme?

Unfortunately, Quora’s partner program is invite-only. That means, you have to be asked by Quora themselves to participate. They usually only ask users of their site who have been active in the past.

The is no real statistics on how one can qualify for this program. However, spending more time on the platform by answering questions and asking relevant questions can work a trick.

You can also qualify by updating you bio, and filling your profile info.

You get paid for asking questions because, quora will place ads on the page where your questions appear. The more people see your questions, the more you get paid.

Why is the Quora Partner program invite-only? Good question. It’s probably to help sustain the program. By allowing everyone to sign up to it, Quora’s moderators will have a harder job at filtering through all the junk questions and the overall quality of Quora questions will slowly go down

how to make money on quora

2 Affiliate Marketing

We spoke about the Quora partner program which is an invite only program, now if you are on the Quora platform but you are not invited, how do you make money?

Well you can search for questions relating to particular products you are familiar with, provide accurate and relevant answers to those questions and providing a link to your affiliate product, in that way when someone purchase something through your link, you get a commission.

Create a Business Profile

If you are a business owner seeking to get more customers for your products, you might want to make good use of the Quora business profile.

You can earn money this way by answering questions from your customers and linking them to your products. Also quora will place your business bio next to answers you provide on the platform thereby giving your business more exposure.

To create a business profile on quora, you can visit this link

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ENTREPRENEURSHIP

Top 10 Best Forex Brokers in 2020

Top 10 Best Forex Brokers in the world 2020

We bring to you the best Forex Brokers in the world in 2020.

Striving to find a Forex Broker which is a perfect match for your trading style and goals? 

We have gathered information from Dailytrading, Investopedia and other reputed online sites about the best Forex Brokers .

Read through to choose the best one for you.

Top 10 Best Forex Brokers in the world 2020

XM 

best Forex Brokers in the world in 2020.

XM.com deliver ultra low spreads across a huge range of Forex markets. Flexible lot sizes, and Micro and XM Zero accounts accommodate every level of trader.

Visit their website here

IQ Option

Top 10 Best Forex Brokers in the world 2020

Another best forext broker on our list is IQ option. IQ Option platform provides clients with an opportunity to trade 500+ assets: including currencies, indices, commodities and stocks. With IQ Option, shares of Tesla, Netflix, Spotify, Alibaba, Microsoft, Disney, oil, gold and many more assets can be traded on the same platform.

best Forex Brokers

Plus500

Plus500 Offer forex trading via CFDs with tight variable spreads and a range of well over 70 currency pairs. Free Unlimited Demo Account.

Trading 212

Trading 212 is a London based fintech company that democratises the financial markets with free, smart and easy to use apps, enabling anyone to trade equities, Forex, commodities and more.

best Forex Brokers

Since 2016 they’ve been the UK’s #1 trading app, and in 2017 we reached the #1 spot in Germany.

XTB

XTB is a solid choice for traders that want to minimize their costs, whether it be the inherent cost of placing a trade (bid/ask spread) or not having to be burdened with extraneous costs, such as wire fees. XTB offers maximum leverage of up to 500:1 for non-U.K. accounts while U.K. accounts get up to 30:1 leverage. The firm places an emphasis on customer support and offers relevant educational tools and research amenities that would be well-suited to a novice trader. This company is ranked as the winner of Investopedia’s Best Forex Broker for Low Costs in 2020.

Pepperstone

Pepperstone offers spreads from 0.0 pips on the Razor account and have almost 61+ pairs available to trade. Lots start at 0.01.

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Markets.com

Among the list of best Forex brokers in 2020 in terms of safety is Markets.com. It is an advanced for of trading that is recommended for people with some level of experience in trading.

best Forex Brokers

Binary.com

Binary.com is one of the oldest and most respected names in online binary trading.

customers can trade currencies, stock indices, commodities, and synthetic indices 24/7. 

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best Forex Brokers

IG

With IG there’s no minimum balance to open an account, it takes less than five minutes, and there’s no obligation to fund or trade.

FXTM

FXTM offers a range of trading platforms. Desktop or laptop users can choose from Metatrader 4 or Metatrader 5.

FXTM offers multiple deposits and withdrawals methods, all geared towards inclusive trading.

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FXTM offers a high-grade demo account which enables individuals to hone their trading skills before investing their hard-earned cash. Forex is traditionally seen as a risky form of trading, so making sure that you have the correct skills before beginning to “trade for real” is essential.

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