Forbes Africa Cover Dr. Papa Kwesi Nduom reveals he lost $2m in a day

Dr Papa Kwesi Nduom covers April issue of Forbes Africa as he speaks about losing $2 million in a day.

  • Published:
24/7 Live - Subscribe to the Pulse Newsletter!

Dr Papa Kwesi Nduom covers the April issue of Forbes Africa as he speaks about losing $2 million in a day.

The business consultant and leader of the Progressive People’s Party, Dr Papa Kwesi Nduom is the April personality for Forbes Africa Magazine.

Dr Nduom, a Ghanaian serial entrepreneur with over 60 businesses under his portfolio is featured on the cover of the leading publication in a black suit with an unassuming smile and his signature moustache.

READ MORE: Nduom lauds Akufo-Addo for National ID project

In a revealing interview with the magazine, the C.E.O of Groupe Nduom sheds light on his humble beginnings as car park attendant to becoming the first Ghanaian to own a bank in the United States. He also speaks about his first encounter with billionaire and mining magnate, Sir Sam Jonah and how their rendezvous led him to become the West African partner of Deloitte Consulting.

The 64-year-old (born Joseph Hubster Yorke Jr.) is the second Ghanaian to cover the magazine after Sir Sam Jonah also revealed that he once $2 million worth of business. He holds a degree in Economics from the University of Wisconsin–Milwaukee and a Master's degree in Management and PhD from the same university. 

Papa Kwesi Nduom served as the Member of Parliament for Komenda-Edina-Eguafo-Abirem (KEEA) from 2004 to 2008 on the ticket of the Convention’s People’s Party and later contested the 2008 Presidential elections on the part’s ticket. He, however, lost the elections with less than 1% of the popular vote cast and broke away in 2012 to form the Progressive People’s Party.

READ MORE: President and Veep must pay tax - Nduom

He concurrently served as Minister for Energy and Minister for Public Sector Reform under the erstwhile Kufuor-led administration although he wasn’t a member of the New Patriotic Party. He owns the GN bank, Coconut Groove hotels in Accra, Obuasi and Elmina, Ghana premier league team, Elmina Sharks, Yorke Properties, Today Newspaper, Nduom University and much more.

Papa Kwesi Nduom is married to Yvonne Nduom and they’re blessed with three sons and a daughter; Nana Kweku, Edjah, Chief and Nana Aba Nduom

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Software Scandal EOCO indicts SSNIT managers over $72m software scandalbullet
2 Salaries In 2018 Here are the dates public workers will be paid in 2018bullet
3 In Accra Susu collectors give gov’t 1 week ultimatum to stop NPP...bullet
4 Collapsed Banks Assets of UT Bank and Capital Bank for salebullet
5 NPP Government Nana Addo nominates Dr Agnes Adu as MD of GTFCbullet
6 David Ampofo Writes Is Ghana's cashew another cocoa?bullet
7 Taxes In Ghana 3% VAT flat rate takes off in July 1bullet
8 Menzgold Ghana Don't deposit money with Menzgold – BoG...bullet
9 Excise Tax Stamp Act Gov’t threatens to sanction...bullet
10 In Singapore Government to pay bonus to all citizens...bullet

Top Videos

1 New Discovery Ghana discovers new mineral, lithium in commercial quantitiesbullet
2 Forbes 2018 Africa's billionaires rich listbullet
3 Money Alert Meet Africa's richest womanbullet
4 Support Finance minister buys Kantanka carbullet
5 Dr Joseph Siaw Agyepong Nobody can collapse my company – JOSPONGbullet
6 Plane Crash Starbow suspends operations following plane crashbullet
7 Bozoma Saint John 10 quotes from Uber top official, Bozoma,...bullet
8 Video We are determined to move Ghana beyond aid - Bawumiabullet
9 Vodafone adbullet
10 Tech 6 reasons you should buy an iPhone SE instead of...bullet

Business