MACDONALD VASNANI

$360 Million

FOUNDER, CONSOLIDATED SHIPPING AGENCY LIMITED

Wealth: SELF-MADE, SHIPPING

Known For: CONSHIP

OVERVIEW

MacDonald Vasnani was originally inspired to start his logistics business whilst working as an office manager at the Tema Port in Ghana. He started Consolidated Shipping Agency Limited (ConShip) which offered logistics, husbandry, vessel agency, trucking, personnel movements and boat crew operations. After Ghana’s oil business took off, international companies in need of his company's services started to arrive.

Berock Ventures Limited is a construction firm also owned by McDonald. Over the years, Conship has successfully built its presence in the Freight Forwarding and Logistics market at national and international levels through key relationships with its clients and partner agents.

NET WORTH SUMMARY

McDonald’s main clients include Tullow Oil, MODEC Ghana, European Hydrocarbon, Talisman Energy B.V, Technip, TEN Project. He employs over 142 people.

ConShip had 100% rate of annual growth shipments and also increased by 75% in 2013.

Visibility Ratings: B