The Executive Chairman of the KGL Group and former Board Chair of the Ghana Investment Promotion Centre (GIPC), Alex Apau Dadey, delivered a powerful opening address at the Forward Africa Leaders Symposium 2025.
The event was held in partnership with the Africa Peer Review Mechanism at NASDAQ, New York.
He shared the stage with high-profile leaders, including Dr Netumbo Nandi-Ndaitwah, President of Namibia, Prime Minister of Lesotho Ntsokoane Samuel Matekane, Deputy Speaker of the Egyptian Parliament and Chair of Cleopatra Group, Mohamed AbdulEnien, and CEO and President of MTN Group, Ralph Mupita.
The gathering focused on sharing best practices, building partnerships, and charting pathways for digital transformation and innovation across Africa.
Opening his keynote, Mr Dadey posed a bold challenge: “The challenge before us is not whether change is possible, but how quickly and inclusively we can harness it.
“The answer, I believe, lies in the strength of partnerships — genuine, strategic Public-Private Partnerships that unite the innovation, capital, and execution capacity of the private sector with the legitimacy, reach, and enabling authority of governments.”
Drawing on more than three decades of experience across continents and key sectors, he reflected on his journey in the United Kingdom, over 25 other countries, and in public service as former GIPC Board Chair.
At its core, his passion remains rooted in multilateral collaboration, diaspora socio-economic inclusion, and using technology to push boundaries for business and society.
Underscoring the role of the private sector, Mr Dadey reaffirmed a principle he has long championed: “I have always maintained that governments do not create wealth — the private sector does.
“Governments on their own cannot drive transformation, but sadly, private enterprises that do are most often treated as afterthoughts in national strategies, relegated to the rear when they should be at the centre of policy deliberations and implementation.”
He noted that successful PPPs in Africa are those where profit motives align with government revenue and development goals. Referring to the KGL Group’s ethos, he stressed: “Wealth created through PPPs should make a lasting impact in the communities it operates in.
“The private sector should not limit PPPs to only commercial collaboration, but also be responsible corporate citizens by filling in critical social intervention gaps left uncovered by governments.
“This philosophy he cited gave rise to the KGL Foundation, established as the CSR arm of the Group to fulfil this vision.”
In a thought-provoking moment, Mr Dadey asked: “If multinational corporations can generate wealth in Africa and repatriate to their home countries, why can’t African countries do the reverse?”
He argued that Africa’s true path to global scale lies in mastering its own markets, building resilient business models, and creating fit-for-purpose innovations.
According to him, the continent must purposefully create African Global Giants.
“These champions are not just wealthy individuals; they are economic shock absorbers, role models who inspire the next generation of business leaders.
“They are the anchors of supply chains, the investors in local R&D, and the patient capital that foreign direct investment is not. We need an ecosystem where a start-up in Accra can realistically envision becoming a multi-billion-dollar entity that lists here on NASDAQ.”
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