Nana Richmond N. Aggrey was born on April 17, 1950, and raised at Agona Swedru in the Coastal/Central Region of Ghana, West Africa. He graduated in 1974 in Electrical Engineering from the University of Science and Technology in Kumasi, Ghana. Thirty three years ago he departed Ghana to pursue an Advanced Degree in Electrical Engineering at Moscow Friendship University, Moscow, and Drexel University in Philadelphia Pennsylvania, USA. Over the past twenty five years, he has been involved in several successful entrepreneurial ventures and is highly regarded for his business expertise in organizing and managing new business ventures worldwide. Three of his earliest and most notable ventures are Addax Petroleum and Oryx Group, Geneva; Basic Resources Ltd. (BRS Ltd), and Scancom Ghana Ltd. (Areeba - Now MTN Ghana).

You need people to achieve anything in life, but most importantly, you must act in time because the people might not be there tomorrow and the opportunity might fly out of the window
- Richmond Aggrey

January 1983: BRS Ltd. led by Nana Aggrey as Executive Vice Chairman acquired major crude oil lifting concessions in Nigeria. The BRS/NNPC Off shore Crude Oil Processing Contract Operations, supervised by Nana Aggrey for several years, and the first to be run by indigenous operators became the backbone and the birth of one of the major independent petroleum and minerals Consortiums in Africa known as Addax and Oryx Group with its head-quarters in Geneva.

The Consortium of Addax and Oryx Group was the brainchild of Nana Richmond Aggrey and Messrs Jean Claude’ Gandur, Guy Pas, Andy Dossenbach, the late Marc Laurenceu and few others. Nana Aggrey’s companies, BRS Ltd and Osam Energy Ltd., combined financial resources and other synergies with the then top executives of Kaines (UK) Limited, named above, to set up the most successful to date, a West African – oriented independent downstream and upstream integrated petroleum company.

After highly successful ten years in partnership at Addax and Oryx Group, Nana Aggrey as Shareholder, Director and head of Country Operations in Nigeria, decided to move on, into wireless telecommunications ventures in Nigeria.

January 1988: Recognizing the need for upgrading and modernizing telecommunications services in developing countries: especially, in the West African sub-region where the scarcity of advanced telephony and other ICT services, for several years have hampered foreign and domestic investments. Nana Aggrey once again put together a Group of U.S. and European entrepreneurs and formed Digital Communications Group Limited (DCGL), an international integrated telecommunications company with representative offices in Nigeria, Ghana, Switzerland the UK and Atlanta, Georgia, U.S.A.

1989 - 1992: In 1990, the Nigerian Government, under the leadership of Gen. Ibrahim Babangida, after several months of negotiations, agreed with Nana Aggrey and his company,Digital Communications Ltd. (DCL) to set up the first mobile phone company in Nigeria, as a joint venture with state-owned NITEL. The joint venture company, called Mobile Telecommunications Services Limited (“MTS”) was fifty-five and forty-five percent owned by Nana’s DCL and NITEL respectively. The company, successfully led by Nana Aggrey as Executive Vice Chairman and the NITEL CEO/MD as Chairman installed and launched the first ever mobile telephony services in Abuja, Lagos and Port Harcourt.

1992 - 1995: In November 1992, MTS turned Nigeria into one of the leading African countries in ICT services with the pioneering roll-out of integrated wireless telecommunications systems including mobile telephony, voice mail, paging and trunked radio. The role of Nana Aggrey in these ground-breaking telecoms services in Nigeria in 1992 earned him the unofficial title of Nigeria’s “Alexander Graham Bell”, by the Nigerian media. The Joint Venture Company’s financially highly successful and efficient operations were unfortunately halted in 1995 after a take-over of the Nigerian Government by the late General Sani Abacha. The company has, however resumed its operations with all its telecoms’ licenses and frequencies fully restored by the successors of the late Gen. Abacha. NITEL is no more a member of MTS, and the company has since changed its name to MTS First Wireless Ltd. with still very significant equity interest by Nana Aggrey.

1994 - 1999: In 1994, the Ghanaian Minister of Transport and Communications invited Nana Aggrey through his company Digital Telecoms Inc. of Atlanta, Georgia, USA to participate in a tender to acquire GSM operating rights in Ghana. After several submissions and interviews, the government awarded a Letter of Authorization to Digital Telecoms to install and operate a GSM Mobile Telephony systems in Ghana. After further review of the size of the market in Ghana at that time, the Ministry decided to combine the two issued GSM Authorizations. Hence the birth of ScanCom (Gh) Limited in 1995, with the Investcom Holding Company of Lebanon as Principal Partner. Nana Aggrey served as the Vice Chairman of ScanCom Ltd., the newly established joint-venture GSM cellular mobile phone company. As a shareholder and founding director of ScanCom Ltd., which became Areeba, and presently MTN Ghana, Nana Aggrey rendered technical, operational and governmental liaison support to the first GSM company in Ghana.

January 1996: Immediately after the Bosnian war (crisis), Nana Aggrey visited the Balkans in an attempt to gain a better understanding of the country and its infrastructural needs. In an effort to assist in the reconstruction of the telecommunication industry, Digital Communications Group Ltd. formed another joint venture partnership with the state-owned Public Enterprise, PTT and the Ministry of Transport and Communications of the newly formed state of Bosnian Republic of Srpska, formerly part of Greater Yugoslavia. The partnership led to near provision of wireless telecommunications networks and services in the new Republic starting with international gate-way and GSM (Global Systems for Mobile) cellular phones. In addition to other telecommunications projects, the DCGL was supporting the reconstruction of the existing Coca Cola bottling plant and the rehabilitation of the oil refinery.

August 2004: Re-Launch of Mobile Telecommunications Ltd. (MTS) in Nigeria. The new company is now called, MTS First Wireless Ltd. and operates 3rd Generation CDMA Voice and Data services in Lagos.

September 2006: Double Crown acquired Granada Hotel, Accra International Airport, Accra, Ghana, for reconstruction into a future 5-Star Hotel in collaboration with Hilton Hotels and Resorts.

Languages spoken: English, Russian, native Fanti and several other African languages

Key corporate positions held

• 2014 - To Date: board Chairman of Council for Scientific and Industrial Research
• 2003 - To Date: MTS First Wireless Limited. Founder/Board Member.
• 2003 - To Date: Founder, Chairman and CEO, Double Crown Investments Ltd.
• 1996 – 1999: Co-Founded Scancom Ghana Limited (Areeba) and acted as Vice Chairman and Special Consultant
• 1993: Vice-Chairman/Chief Executive Officer, and Co-Founder of MTS
• 1992 – To Date: Founder/Chairman/CEO of Osam Energy
• 1985 - 1990: Co-Founder/Board Member, and a Global Representative of Addax and Oryx Petroleum Groups
• 1979 -1985: Managing Director/Chief Executive Officer, Basic Resources Services, Ltd. (BRS) a Nigerian Petroleum Trading Company. Co-Founder and a Key Player of Addax.

Nana Aggrey is the Odikro of Gomoa Benso, near Agona Swedru and he is married to Rebecca Aggrey with children.