In Ghana’s entrepreneurial space, one name stands tall—Dr Ernest Ofori Sarpong. A self-made industrialist and business mogul, Dr. Ofori Sarpong’s journey is a testament to resilience, strategic vision, and resolute determination. From his early days in Accra to becoming a key figure in multiple industries, his story inspires young entrepreneurs to dream big and execute their ideas with precision.
Early Life and Education
Dr Ofori Sarpong, born more than fifty years ago, credits his formative years at Presbyterian Boys’ Secondary School (Presec) for instilling the discipline and strong work ethic that became cornerstones of his successful business career. Even then, his innate entrepreneurial passion was evident, leading him to early ventures that laid the foundation to his future industrial empire.
The Rise of an Industrialist
Dr. Ofori Sarpong’s business journey began in the 1990s with the establishment of Sarpong Ventures Ltd, an import and trading company. His dedication and business understanding quickly made him a household name in Accra’s Central District, marking the beginning of a prolific career.
He didn’t rest on his initial success, so he expanded his portfolio by creating Special Investments Ltd, a real estate and construction firm responsible for developing modern estates, apartments, and office complexes across strategic locations in Ghana.
However, his entrepreneurial genius shone brightest when he established Special Ice Ltd, a leading mineral water brand that has grown to become a dominant force in Ghana’s beverage industry.
Special Ice Ltd, now boasting production plants in Accra and Kumasi, has further expanded into the soft drinks market, introducing carbonated beverages that have gained immense popularity.
Strategic Partnerships and Business Expansion
Recognizing the power of collaboration, Dr. Ofori Sarpong teamed up with his long-time friend and business partner, Dr. Osei-Kwame Despite, to create some of Ghana’s most successful enterprises. Their joint ventures include:
- United 2 Co. Ltd – A holding company that oversees several business operations.
- U2 Salt Ltd – A 600-acre salt mining and refinery company in Winneba.
- United Television (UTV Ltd) – One of Ghana’s most-watched television stations.
- Best Point Savings and Loans Ltd – A thriving financial institution offering banking solutions to individuals and businesses.
- Best Assurance Co. Ltd – A trusted insurance provider serving the needs of Ghanaians.
These ventures have created jobs, contributed to Ghana’s economy, and set benchmarks in various industries.
Recognitions and Achievements
Dr. Ofori Sarpong’s contributions to Ghana’s business sector have not gone unnoticed. He has received several prestigious awards, including:
- Best Manufacturing Entrepreneur for 2013, awarded by the Entrepreneurs Foundation of Ghana.
- Honorary Doctorate Degree of Philosophy in Law from Berkeley University, USA, in recognition of his socio-economic contributions.
- Honorary Ambassador of Business Entrepreneurship in West Africa, conferred by the Peristrofi World Honorary International Award Conference.
Philanthropy and Personal Life
Beyond business, Dr. Ofori Sarpong is a firm believer in giving back to society. He funded the construction of an ultramodern astroturf at Presec, his alma mater, to support sports and youth development. A devout Presbyterian, he upholds strong family values and is happily married with three children.
Inspiring the Next Generation
Dr. Ernest Ofori Sarpong’s journey from a young entrepreneur to a business tycoon exemplifies what can be achieved through hard work, strategic thinking, and perseverance. His impact on Ghana’s industrial sector, financial space, and media landscape serves as an inspiration to aspiring entrepreneurs across Africa.
For those looking to venture into business, his story is a lesson in starting small, building strategic partnerships, and maintaining integrity in all dealings. As he continues to break new ground, Dr. Ofori Sarpong remains a beacon of entrepreneurial excellence in Ghana and beyond.
