Kosmos Innovation Center Named Finalist for the Concordia P3 Impact Award

August 29, 2018

The Kosmos Innovation Center (KIC) in Ghana has been named one of five finalists for the P3 Impact Award. The annual award, created by Concordia in partnership with the U.S. State Department and the University of Virginia, recognizes public-private partnerships that support economic development.

Led by Kosmos Energy, the KIC facilitates the development of entrepreneurs and businesses, with a focus on the agribusiness sector. DAI supports the design and delivery of the entrepreneurship and leadership program, providing capacity building support, personnel recruitment and management, stakeholder engagement, investment due diligence, and ongoing technical assistance. Ghana’s Meltwater Entrepreneurship School of Technology (MEST) also provides technical training to KIC entrepreneurs and incubation services to winners of KIC seed funding.

The prestigious award is presented to the winning partnership during the Concordia Annual Summit that takes place alongside the UN General Assembly in New York on September 24–25.

“The KIC is equipping Ghana’s next generation of business leaders to run stable, profitable businesses delivering much-needed services,” said George Sarpong, Director of External Affairs at Kosmos Energy. “The businesses we have supported so far will go on to grow and employ hundreds more people over the coming years, contributing greatly to the country’s economic development. It is a great honor for the KIC to have the achievements of the entrepreneurs we have supported recognized, as well as the time and effort of our partners—DAI and MEST—by this international award.”

“The KIC is a standout example of how a private business can work with local partners to create social good and have a long-lasting positive impact in a community,” said Zachary Kaplan, Director of DAI’s Sustainable Business Group.

About Kosmos

Kosmos Energy is a well-capitalized deepwater oil and gas company with growing production, a pipeline of development opportunities and a balanced exploration portfolio along the Atlantic Margins. Its assets include growing production offshore Ghana and Equatorial Guinea, a competitively positioned Tortue gas project in Mauritania and Senegal and a sustainable exploration program balanced between proven basins (Equatorial Guinea), emerging basins (Mauritania, Senegal and Suriname) and frontier basins (Cote d’Ivoire and Sao Tome and Principe). As an ethical and transparent company, Kosmos is committed to doing things the right way. The Company’s Business Principles articulate its commitment to transparency, ethics, human rights, safety and the environment.

x

RELATED CONTENT:

Ghanaian Petroleum Employees Take Part in DAI Training

Employees of the Ghana Petroleum Commission, Ghana National Petroleum Corporation, and the Ministry of Energy recently participated in a DAI-led training to manage and oversee the local content regulations that spell out how the country must interact with foreign private sector investors.

Read More