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Diasporian News of Wednesday, 11 March 2015

Source: Atlantic Business Review

George Owusu Honored in Texas for Entrepreneurial Excellence

The Ghanaian community in Houston, Texas marked their native country’s 58th independence anniversary with a grand banquet and celebrated the achievements of George Yaw Owusu, an international businessman and community leader. The president of the Ghanaian Association of Houston, Mrs. Christiana Asiamah, described Mr. Owusu as a “generous and unpretentious visionary who is instrumental in various community initiatives and improving the lives of Ghanaians back home.”

Mr. Owusu spent nearly three decades of his professional career as an environmental scientist and also actively seeking to attract foreign investment into Ghana’s oil industry. Mr. Owusu and his E.O. Group played a key part in Ghana’s oil discovery in 2007. The 60-kilometer offshore Jubilee Field located between the Deepwater Tano and West Cape Three Points blocks remains one of the largest offshore oil discoveries in West Africa to date and has become a major source of revenue for the West African nation of Ghana.

After the showing of a documentary about Mr. Owusu’s involvement in Ghana’s Jubilee Field, the crowd gave him a standing ovation after which he accepted the award and shared his hope for Ghana’s future, and his commitment to making a difference in the United States, Ghana and other parts of the world. “I am a product of Ghana, and of this community,” he said. “For everything I have been fortunate to achieve and help my country achieve, I am particularly hopeful that I can encourage others to do the same.”

Over the past two decades, Mr. Owusu’s work has engaged leading international companies and business decision makers toward developments in Africa. “I’m humbled by this recognition by my fellow Ghanaians,” he added. “I’m glad to be able to contribute the Ghana community in Houston, and I look forward to helping build Ghana.” Houston remains the pivotal hub for global oil and gas activities, and provides an opportunity for Ghana to continue its engagement with oil companies and oilfield service companies in the region.

Mr. Owusu is currently the principal at Mansa Capital, an international private equity firm. Together with his wife, Angelina, the couple also run the George and Angelina Owusu Foundation, a non-profit focused on various initiatives in education, healthcare and economic development in Ghana.

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