Business News of Friday, 22 November 2019Source: www.ghanaweb.comKosmos Innovation Centre sets up 14 companies in 3 years – Senior VPMr Joe Mensah, Senior Vice President of Kosmos Energy LLC and Head of Ghana Business UnitSenior Vice President of Kosmos Energy and Head of Ghana Business Unit, Mr Joe Mensah has disclosed that his outfit has helped set up some 14 companies in three years through its Kosmos Innovation Centre initiative. According to him, the company has currently opened an incubation hub to house some 25 companies involved in innovation technologies to solve societal problems and improve living conditions. Speaking to GhanaWeb Friday, November 22 at the NiBs Ghana Innovation Summit, he noted that in the first year, the Kosmos Innovation Centre generated two companies, one namely the ‘Trotro Tractor’ where farmers across the country could order a tractor through a short-code and paid for via a mobile money transaction. He revealed that this year, the Kosmos Innovation Centre has developed 11 companies that could potentially go out and form solid business. NiBs Ghana Innovation SummitThe NiBs Ghana Innovation Summit, which is the first edition of its kind brought together panellists and experts in Academia, Energy and Business Innovation to dialogue on the best possible solutions to improve the conditions of local communities, civil society, public and private sector through the use of innovation.

Source: GhanaWeb November 22, 2019 16:18 UTC