Mr Kwabena Adu Koranteng, a Financial and Economic Journalist has applauded the KGL Group, describing it as the most transparent and accountable indigenous corporate brand.
“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.
In a statement copied to the Ghana News Agency in Accra, he said the attributes had not only sustained the company’s growth but also insulated it from challenges that had destabilised many firms operating under similar conditions.
“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”.
On resilience, the statement said despite persistent public and media scrutiny, KGL had 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”.
The statement said its digital lottery initiatives, in particular, had been widely praised for enhancing transparency and advancing Ghana’s national digitalisation agenda.
It said 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 had 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 President Mahama once said “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, the statement added.
On digitising the lottery industry, the statement said 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”.
On revenue growth and benefits it said official data indicated that digital lottery revenues had 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.”
It said the arrangement placed 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”.
On Corporate Social Responsibility, it said KGL’s footprint extended 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.”
He said the Foundation also provided scholarships to underprivileged students, supplied medical equipment to health facilities, supported youth and grassroots football through partnerships with the Ghana Football Association, sponsored local clubs, and backed national teams including the Black Stars.
“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”.
It said the Group’s Founder and Executive Chairman, Mr Alex Apau Dadey, also received multiple honours for ethical leadership, innovation, and entrepreneurship.
Looking ahead it said KGL’s growth trajectory illustrated how home-grown Ghanaian enterprises could 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”.
