Michael Agyekum Addo: Founder of KAMA Group dies aged 74

Michael Agyekum Addo, the founder of the KAMA Group of Companies has passed away at the age of 74.

Report suggests he died on Friday (1 November).

He had an honorary doctorate degree conferred on him by the Kwame Nkrumah University of Science and Technology (KNUST) in 2005 and was part of the 88 PhD candidates who graduated from the University of Ghana in 2022.

Addo is an accomplished entrepreneur who has built a huge business footprint in the pharmaceutical industry in Ghana.

Renowned for starting the KAMA Group of Companies, which operated several subsidiaries including a pharmaceutical production company now divested, Addo is also the Nkabomhene of the New Juaben Traditional Area in Koforidua in the Eastern Region.

He started his journey operating a pharmaceutical shop in Kumasi in 1983. Whilst at it, he started manufacturing, medical products from his garage in 1986; birthing KAMA Group of Companies, a business conglomerate that boasts of many wholesale and retail outlets across Ghana.

He also manages a micro-finance firm, a real estate business and a multi-purpose conference center.

Addo also established the Kama Education Project, which trains teachers to make entrepreneurs out of students from a young age and has also written a number of books with a goal of instilling the can- do attitude in the younger generation.