Kosmos Innovation Center (KIC), a leading Non-Profit Organisation in the agribusiness sector has received two awards at the just ended Ghana Business Awards.
KIC received an award for ‘Excellence in Innovation and Technology of the Year’ and another award as the ‘NGO the Year’.
The Ghana Business Awards event is organissed every year to recognise and reward excellence across all sectors, as well as recognising the contribution of various sector players towards developing enterprise and economic growth in the country.
Mr. Kamil Nabong, Portfolio Manager at KIC, who received the award on behalf of KIC, expressed appreciation for the recognition of KIC’s contribution towards developing and building the agricultural sector,by focusing on innovation and youth entrepreneurship.
He noted that the opportunities for creating employment for young people along the agricultural value chain are enormous, hence KIC is proud to build the capacity of young people, provide networking opportunities as well as seed funding to accelerate their start-ups and business.
According to the World Bank, the agricultural economy employs 65–70 percent of Africa’s labor force and typically accounts for 30–40 percent of GDP for which KIC continues to form partnerships towards the UN SDG Goals in efforts to scale up and reach more young people.
Earlier this year, KIC announced the launch of a multi-year partnership with The Mastercard Foundation to train the next generation of young leaders and entrepreneurs in Ghana’s agriculture sector.
Through the KIC and the Mastercard Foundation partnership, the AgriTech Challenge Classic expects to train about 4,880 young people across partner universities in the next four years, through collaboration with regional academic partners such as universities and technical schools, a statement by May-Gloria Tedam, Communications and Public Relations Manager of KIC has reported.
Since its inception, KIC has trained more than 1,300 young people with business skills and entrepreneurship through participation inworkshops and has nurtured some of the most promising youth-driven agri-tech startups in Ghana.
