Kumasi, Ghana – His Majesty Otumfuo Osei Tutu II, the Asantehene, lauded KGL Group and its Executive Chairman, Mr. Alex Apau Dadey, as exemplars of Ghanaian enterprise at a distinguished executive dinner ball celebrating his 27th coronation anniversary and his recognition as a Pillar of Peace. The event, held at the Otumfuo Osei Tutu II jubilee hall in Manhyia Palace, gathered prominent figures including former President Nana Addo Dankwa Akufo-Addo and Commonwealth Secretary-General Shirley Ayorkor Botchwey.
The Asantehene’s address underscored the significant achievements and potential of indigenous Ghanaian businesses on a global scale. He specifically praised KGL Group for its “skill set, entrepreneurial drive and managerial acumen,” positioning the company as a model for national development.
Context: A Call for Self-Reliance
Otumfuo Osei Tutu II framed his commendation within a broader national agenda, calling for a paradigm shift towards self-reliance and increased investment in local enterprises. This call echoes the spirit of Kwame Nkrumah’s historic “Self-Government Now” campaign of 1949, urging Ghanaians to “build Ghana now.”
The King emphasized the need for Ghanaian leaders in business, traditional authorities, farmers, and media to collaborate on this national development initiative. He stressed that relying on foreign entities for risk and labor hinders the nation’s progress.
KGL Group’s Tangible Contributions
The Asantehene highlighted specific contributions by KGL Group that demonstrate its commitment to Ghana’s development. Last year, the company completed the first phase of a vital mental health facility for the Kwame Nkrumah University of Science and Technology’s medical school, a project undertaken in partnership with the Lady Julia Foundation and the Millennium Excellence Foundation.
A significant point of praise was KGL Group’s fiscal impact. The Asantehene announced that the company had paid GHc 153 million in taxes to the Ghana Revenue Authority within the current year. Furthermore, KGL Group served as the headline sponsor for the coronation anniversary celebration itself.
KGL as a Model of Ghanaian Success
Otumfuo Osei Tutu II asserted that KGL Group, under Mr. Alex Apau Dadey’s leadership, exemplifies exemplary Ghanaian business leadership. He affirmed that the nation’s prosperity is intrinsically linked to the success of its own businessmen, underscoring the importance of supporting and celebrating local achievements.
Mr. Dadey was recognized as the night’s topmost honoree, receiving a gold medal, a gold plaque, and a citation from the Asantehene. He is currently leading the presentation of the Otumfuo Commemorative Gold Coin and medal to global leaders.
Deepening Partnership and Future Outlook
KGL Group has been a staunch supporter of the Asantehene’s peace initiatives since 2021, notably backing the commemorative gold coin project. The company made the inaugural purchase of the gold coin for GHc 1 million, solidifying its role as the largest supporter of these initiatives.
The Asantehene’s endorsement of KGL Group serves as a powerful endorsement of indigenous Ghanaian businesses. It signals a growing emphasis on local capacity building and investment as crucial drivers for Ghana’s economic future.
The recognition and the broader call to action suggest a renewed focus on empowering Ghanaian entrepreneurs and fostering an environment where local companies can thrive and contribute significantly to national development. The success of KGL Group is presented not just as a corporate achievement, but as a blueprint for others to follow in the quest to “build Ghana now.”
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