Audio By Carbonatix
The Executive Chairman of KGL Group, Mr Alex Apau Dadey, has called for a fundamental shift in how public-private partnerships are approached in Ghana and across Africa.
He urged stakeholders to prioritise value creation over short-term gains.
Speaking at the Kwahu Business Forum, Mr Dadey emphasised that sustainable economic growth on the continent would depend not merely on the expansion of private enterprises, but on the adoption of responsible business practices anchored on good corporate governance, responsible corporate citizenship, and long-term sustainability.
“When the private sector works with government, the question should not be: ‘How much can we take?” The question should be: “How much value can we create together?” That is the difference between a contractor and a corporate citizen. And Ghana needs more corporate citizens.”
Drawing from KGL Group’s model of business, he highlighted that corporate citizenship must be viewed not as a peripheral activity, but as a core business strategy—one that ensures sustainability, builds public confidence, and strengthens institutional resilience.
“In emerging markets such as Ghana, he stressed, trust is not an abstract concept, but a critical economic asset that underpins long-term success.
Mr Dadey underscored the need to redefine public-private partnerships, noting that genuine collaboration must deliver measurable outcomes, improved service delivery, and sustained value for both the state and citizens.
Anything short of this, he cautioned, risks undermining public trust and weakening the very systems such partnerships are intended to strengthen.
He also called for a deliberate shift in how African businesses were built, urging leaders to move beyond personality-driven enterprises towards systems, structures, and institutions that could endure beyond their founders.
According to him, the true test of a business is not its immediate success, but its ability to outlive its founders, adapt over time, and continue to serve society.
“If Africa is serious about building business champions, we must move from personality to process, charisma to governance. The real test of a great African business is this: Can the business outlive the founder, outgrow the founder, and out-serve the founder?
Addressing policymakers, Mr. Dadey highlighted the importance of creating an enabling environment that supports credible local businesses through fairness, policy consistency, and transparency.
He noted that sustainable national development was best achieved when indigenous enterprises were empowered to grow, compete, and reinvest with confidence.
To fellow business leaders, he delivered a strong call to action—emphasising discipline, accountability, and ethical conduct as non-negotiable pillars for building trust and credibility.
He urged the private sector to align ambition with responsibility by investing in governance, respecting regulatory frameworks, and contributing meaningfully to the communities in which they operate.
Mr. Dadey also challenged stakeholders to move beyond conversations and commit to building institutions that would drive long-term national progress.
He reiterated that the future of Africa’s business in the future could be defined not by companies that merely generated profit, but by those that built trust, created value, and contributed meaningfully to society.
Latest Stories
-
Prime Insight: Making room for meaningful national conversations on Joy Prime
11 minutes -
FABAG commends Ato Forson’s over removal of 20% excise duty on locally manufactured fruit juices
18 minutes -
HIV stigma discourages testing, prevention and treatment in Ghana – Ghana AIDS Commission
20 minutes -
Blocking cocaine probe lends weight to claims of political protection for traffickers – Assin South MP
24 minutes -
NPP Vice Chair race: I may be the youngest, but most experienced – Nana B
26 minutes -
Last UK and US troops leave Iraq as anti-Islamic State mission ends
26 minutes -
Don’t stay home idle, embrace entrepreneurship while awaiting posting – Unemployed nurses urged
38 minutes -
Aayalolo buses not speeding on contra-flow lanes – GAPTE assures commuters
41 minutes -
Effia MP calls for Kurt Okraku’s removal, overhaul of Ghana football structure
42 minutes -
CAS hearing on AFCON final appeal by Senegalese Football Federation set for October 8
42 minutes -
STC fares to go up by up to 8% this week – Deputy MD
43 minutes -
Photos: Accra-Kumasi bypasses get new lease of life as contractors return to site
43 minutes -
Man allegedly swallows five SIM cards to conceal evidence after arrest
44 minutes -
After three finals, Ayikuma Methodist Basic School finally lifts National Juniors Challenge trophy
44 minutes -
Black Stars management ignored players’ health conditions ahead of Gambia game – Ernest Thompson alleges
45 minutes