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Kwabena Adu Koranteng: KGL: Ghana’s most transparent, accountable indigenous corporate brand

Fri, Jan 16 2026 6:12 PM
in Ghana General News, News
kwabena adu koranteng kgl ghanas most transparent accountable indigenous corporate brand
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Kwabena Adu Koranteng: KGL: Ghana’s most transparent, accountable indigenous corporate brand

In an era of heightened public scrutiny and demand for corporate accountability, KGL Group has emerged as one of Ghana’s most transparent, ethical, and resilient indigenous companies, earning broad public confidence across the country’s corporate and governance landscape.
Ghanaians have increasingly embraced the KGL brand, recognising the Group for its strong governance standards, ethical business practices, and commitment to transparency—qualities that have enabled it to maintain credibility and integrity within Ghana’s highly competitive business environment. These attributes have not only sustained the company’s growth but also insulated it from challenges that have destabilised many firms operating under similar conditions.

Resilience Under Scrutiny:

Despite persistent public and media scrutiny, KGL has demonstrated remarkable institutional resilience. The Group has remained focused on operations, compliance, and value creation while consistently upholding ethical standards. Industry analysts note that KGL’s strong internal controls and corporate governance culture have enabled it to withstand pressures that have crippled less disciplined entities.
Its digital lottery initiatives, in particular, have been widely praised for enhancing transparency and advancing Ghana’s national digitalisation agenda.

Attorney-General Review of the NLA–KGL Agreement:

Recent discussions surrounding the National Lottery Authority (NLA) Board’s decision to seek legal advice from the Attorney-General on the NLA–KGL licensing agreement have been widely described by governance experts as a routine and lawful institutional process.
Notably, the agreement itself was originally drafted and coordinated by a sub-committee of the NLA Board chaired by the Attorney-General’s representative. Seeking further legal review—especially during a change in government—is therefore consistent with standard public sector governance practice.
Observers point out that the NLA–KGL agreement has undergone multiple reviews in the past, including under the same government, involving different Boards and Director-Generals, without any findings of illegality or impropriety.
As former President John Dramani Mahama aptly stated, “Review is not the same as cancellation.” Against this backdrop, claims by some civil society groups that they instigated the current review have raised questions, particularly in the absence of any publicly identified substantive flaws in the agreement.

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Digitising Ghana’s Lottery Industry:

Prior to the commencement of the NLA–KGL partnership in 2019, repeated efforts to digitise Ghana’s lottery system—through USSD and online platforms—had failed for over a decade, between 2008 and 2019.
This long-standing challenge was resolved through KGL Technology, a subsidiary of KGL Group, which successfully deployed robust digital infrastructure under a Public-Private Partnership (PPP) arrangement with the NLA. The initiative modernised Ghana’s lottery operations, expanded access, enhanced transparency, and significantly increased revenue mobilisation for the state.

Revenue Growth and National Benefit:

Official data indicate that digital lottery revenues have more than doubled since the inception of the NLA–KGL partnership. KGL’s contributions to the national economy extend across multiple statutory channels, including:
Taxes paid to the Ghana Revenue Authority
Revenue shares paid to the National Lottery Authority
Regulatory payments to the National Communications Authority
Fees paid to the Gaming Commission of Ghana
Licence fees paid to the Bank of Ghana
Crucially, the arrangement places no financial risk on the NLA. The Authority has committed no public funds to the partnership since its inception, while KGL bears all operational costs, risks, and liabilities associated with the digital lottery business.

Beyond Profit; Corporate Social Responsibility:

KGL’s footprint extends well beyond revenue generation. Through the KGL Foundation, the Group has invested substantially in health, education, youth development, and sports.
Among its flagship initiatives is the construction of an ultra-modern mental health facility at the Kwame Nkrumah University of Science and Technology (KNUST) in Kumasi, implemented in partnership with the Eve Medical Foundation. Phase One of the project was commissioned in December 2025 by Vice-President Prof. Naana Jane Opoku-Agyemang, alongside traditional leaders and government officials.
The Foundation also provides scholarships to underprivileged students, supplies medical equipment to health facilities, supports youth and grassroots football through partnerships with the Ghana Football Association, sponsors local clubs, and has backed national teams including the Black Stars.
Recognition and Ethical Leadership
KGL’s integrated approach to business excellence and social responsibility has earned it international acclaim, including the Forbes Best of Africa Corporate Leadership and Innovation Award. The Group’s Founder and Executive Chairman, Mr Alex Apau Dadey, has likewise received multiple honours for ethical leadership, innovation, and entrepreneurship.
Looking Ahead
KGL’s growth trajectory illustrates how home-grown Ghanaian enterprises can compete at the highest level while remaining compliant, innovative, and socially responsible. As the Group positions itself for further expansion in 2026 and beyond, analysts argue that protecting and supporting credible indigenous businesses is not merely a corporate issue but a national imperative.

Despite ongoing criticism, KGL continues to consolidate its operations, reinforcing its role as a catalyst for digital transformation, economic growth, and national development.

Kwabena Adu Koranteng is a Financial and Economic Journalist , email: [email protected]

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