CEO of Rigworld Group, Kofi Amoa-Abban, has shared a heartfelt tribute to his late mother, Letitia Amoa-Abban, revealing that the initial capital for his now multi-million dollar company, Rigworld Oil, came from a loan of GH₵250 provided by his her.
Amoa-Abban made this revelation during her burial service on October 26, 2024, where he recounted a pivotal evening when he approached his mother at Tema with only 50 cedis and a dream of starting his own company.
“I told my mom that ‘Mom, I have a dream of establishing a company but I don’t have money. I need a favour. I want you to loan me capital will turn up with your planet to incorporate the company,’” he said.
Despite her limited resources, he said his sought help from a friend and managed to lend him the necessary funds.
“So, my mom told me to just be in the neighbourhood and that I should come back after 6 pm. When I went back, lo and behold my mom had 250 cedis for me. The following day, I went to incorporate a company called RigWorld.
“This company was born with seed money from my mother. God bless you, Maame,” he narrated.
Rigworld International has since grown from a small startup to a significant enterprise with numerous subsidiaries across various sectors and countries.
Amoa-Abban attributes this success to his mother’s unwavering belief, faith and support of his vision.
Watch the video below:
Source: www.ghanaweb.com
