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Meet the Top 20 Ghanaian Media Businesspersons

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Written
by: Prince Akpah

Known
as the 4th estate of government, the Ghanaian media landscape has over the past
two decades evolved not only as an avenue for engaging citizens but a lucrative
business sector that has produced some successful entrepreneurs and business
leaders in Ghana. Even though we cannot evaluate the financial value of the
industry in Ghana, Price Water-Coopers in 2017 valued the global entertainment
and media market at $2trillion which tells us the potential this industry
described as one of the fastest growing industries has to make one a successful
entrepreneur.

Even
with tight regulations being witnessed currently in the media landscape,
multiples of media ventures would continue to be established and for the
records for entrepreneurs who wish to venture into the media business, I decided
to research and name some of the most successful Ghanaian media entrepreneurs
and leaders.

With
the emergence of new media (blogging & vlogging), I can boldly predict that
the narrative would not be the same in a few years from now as similar publications
would feature individuals currently taking advantage of creating content and
using the online space to spearhead their works.

The
list below throws the spotlight on both leaders and entrepreneurs in the media
space in Ghana who feature as the founders or managers of the biggest media
establishments in Ghana who are rivalling thriving African media companies.

1.    Dr Kwabena Duffuor & Nathan Kwabena
Anokye Adisi (Bola Ray) – EIB Network

In 2014,
former minister and entrepreneur, Dr Kwabena Duffuor partnered with media
personality and entrepreneur to launch the Excellence in Broadcasting Network
(EIB Network). EIB Network currently operates as a big media group with
operations online, radio and television. The group owns and run Starr FM, Live
FM, Kasapa FM, Ultimate Radio, Agoo FM, Abusua FM, Empire FM, GhOne TV and several
news websites.

As one
of the successful collaborations in the media landscape, both Dr Duffuor & Bola
Ray have led the EIB Network to lead the industry.

2.    Dr Kwaku Oteng – Angel Broadcasting Network

Dr
Kwaku Oteng, a serial media entrepreneur is credited to have the largest
conglomerate of radio stations in Ghana. Through his Angel Broadcasting
Network, he owns Angel FM & Cheers FM radio franchise, Angel TV, Pure FM
and several other media outlets.

He also
owns a chain of businesses in Ghana’s herbal medicines, broadcasting, beverages
and transport industries and a well-known philanthropist.

3.    Edith Dankwa – Business & Financial
Times Limited

Edith
Dankwa is notably the most audacious woman in the media space having survived
several decades of running the foremost business newspaper in Ghana. Under her
leadership, her company organises the Ghana Economic Forum and hosts other
business events across the country. Established in 1989 as a weekly publication
the Business & Financial Times (B&FT) has grown to be a leader in the
newspaper industry reporting on various issues of business and the economy.

Her
outfit also manages the Business Times Africa Magazine (BT), Energy Today Magazine
(ET) and the Business & Financial Times (B&FT) newspaper under her
company umbrella, the Business and Financial Times Limited

4.    George Kwasi Twum – Multimedia Group

Multimedia
Group Limited (MGL) was founded in 1995 by Kwasi Twum with one radio station –
Joy 99.7Fm as the first private radio station licensed in Ghana. Over the years
group has expanded into more radio & TV Channels, News Websites and a
satellite network.

Notable
media companies under the brand are, Adom FM, Asempa FM, Hitz FM, Luv FM, Adom
TV, Joy News & myjoyonline.com. 

Mr
Kwasi Twum is a Fellow of the Africa Leadership Initiative, an Aspen Institute
Henry Crown Fellowship Initiative and holds a Bachelor of Arts Degree in
Economics from the University of Ghana, Legon and is an alumnus of Harvard
Business School.

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5.    Nik Amarteifio & Samuel Attah Mensah –
Omni Media Ltd

With
Nik Amarteifio as the owner and Samuel Attah Mensah as the manager, Omni Media
has evolved quickly to carve an excellent niche itself in the industry. With an
exemplary leadership, their organisation operate Citi FM, Citi TV, Citi
Newsroom and other news websites. 

Mr
Amarteifio is also the Chairman and majority shareholder of Dannex Limited,
Starwin and Ayrton as Samuel Attah-Mensah ‘Sammens’ serves as the Managing
Director of Omni Media.

6.    Osei Kwame & Ernest Ofori Sarpong –
Despite Media & U2

Osei
Kwame is one of the successful media entrepreneurs who is credited to have
revived the Ghanaian media landscape with the launch of Peace FM in 1999. Osei Kwame
could quickly expand his media network to Okay FM, Neat FM, Hello FM and Peace
FM Online and grouped them under the umbrella of Despite Group of Companies.

Through
a partnership with Ernest Ofori Sarpong another successful entrepreneur in
2015, they co-founded United Television (UTV) which is the most watched free to
air local channel in Ghana. They both own shares in Best Point Savings &
Loans Limited in Ghana.

7.    Hon Kennedy Agyapong – Net2 Broadcasting

As one
of the famous politicians in Ghana, Hon Kennedy Agyapong is also a revered
entrepreneur whose investment in the media cannot be overlooked. His channels
Oman FM, Net2 Television, Ash FM and Spice FM have played major roles in the
political space in the country.

8.    Hon Frederick Blay & Kwame Blay –
Weston Publications Limited (Daily Guide & DGN)

Freddy
Blay is currently the chairperson of the ruling NPP government in Ghana, but during
his political exploits, he founded the Daily Guide newspaper which is
officially the mouthpiece of his party. His son Kwame Blay is currently the
managing director as both parents are engaged in serving the current government
in various positions. As the youngest person on this list, he has successfully
added a television network to the newspaper and their popular news website
www.dailyguidenetwork.com.

Frederick
Blay is also the Senior Partner at Blay and Associates and the board chairman
and majority shareholder of Western Publications Limited, publishers of the
Daily Guide newspaper, the flagship of the Group, Business Guide, News-One,
Young Blazers and DGN.

9.    Rev Anthony Cudjoe & Beatrice Agyemang
Abbey – Media General

According
to ghana.mom-rsf.org, Media General, one of the largest media conglomerates in
Ghana is owned by The Cudjoes with renowned ICGC pastor Rev. Anthony Cudjoe as
the executive director.

Media
General’s rich and diversified portfolio of businesses includes TV3 Network
Ltd, MG Radio (3FM, Onua FM, Connect FM), MG Digital (3news.com) and Adesa
Productions Ltd.

Beatrice
Agyemang Abbey serves as the Group CEO after previous roles in the company as a
General Manager, a Managing News Editor, an anchor, a reporter and Senior
Producer.

10.    Dr Kwame Kyei – Vision 1 & Light TV

Apart
from being the chairman of the Asante Kotoko football club, Dr Kwame Kyei is
notably known for his investments in the media. In 2006, he kick-started his
media adventure with the launch of Light FM in Kumasi and has over the years
added more channels such as Light Television, Vision 1 FM and Wisdom FM to the media
scene.

Dr
Kwame Kyei is an accomplished entrepreneur and corporate executive with over 25
years of experience in the Petroleum downstream sector. Dr Kyei is currently
the Chief Executive Officer and Chairman of the Board of the Unity Group of
Companies with its latest addition being Unity Air. The group has a workforce
of about 4,000.

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11.    Dr Samuel Amo Tobbin – Atinka Media Village

As a
newbie in the media industry, Dr Samuel Amo Tobbin took one of the boldest decisions
to venture into the industry and has so far made a remarkable imprint for
himself. Through his TV channel, Atinka TV, the group launched a dancing
reality show, which is regarded as one of the most watched reality TV shows in
the country. His other media channels include Atinka FM, Agyenkwa FM, Ahotor FM
and Atinkaonline.

Dr
Tobbin is the Executive Chairman of The Tobinco Group with over Twenty Five
(25) years’ experience in managing businesses.

12.    H.E. Edward Boateng – Global Media Alliance

With
current accomplishments as an ambassador to China, H.E. Edward Boateng is the
Founder and Chairman of media conglomerate Global media Alliance which owns and
run the brands: YFM, Happy FM & ETV Ghana.

In
1998, Edward Boateng incorporated Global Media Alliance (GMA) in Johannesburg,
South Africa, with a view to offering services like corporate communications,
television production and media relations and event management. Currently, GMA
is headquartered in Accra, Ghana with an office in Kenya and partners in
Nigeria, UK, South Africa and Malaysia.

13.    Kwasi Sainti Baffoe-Bonnie – Network
Broadcasting Company 

Mr
Kwasi Sainti Baffoe-Bonnie’s venture in the media is notably one of the
greatest contributions to political discourse in Ghana. With the affiliation to
the current opposition NDC, his channels Radio Gold & Montie FM have
contributed to the immensely the development of our media landscape.

Even
though his company is currently facing multiple challenges of closure, his role
as the founder of Network Broadcasting Company Limited is worth noting.

14.    Stephen Boateng – Kessben FM Limited

Mr
Stephen Boateng popularly known as Kwabena Kesse, is a successful entrepreneur
and the sole shareholder of Kessben FM Limited, the company which runs Kessben
TV, Aseda TV and Kessben FM.

He is
also the Chief Executive Officer or Director of the Kessben Group of Companies
and the Chancellor of the Kessben University College.

15.    Hon Wilson Arthur – Skyy Media Group

For the
past 20 years, Wilson Arthur has led the Skyy Media Group to evolve as a local
FM station based in Takoradi to national pride after venturing into the media
industry with the passion to impact people’s lives.

Spotting
an opportunity in 2006 when Ghana signed the international agreement to switch
from analogue to digital television by 2015, the group applied for a license to
operate a digital television infrastructure which was launched in February
2009.

As a
politician, Hon Wilson is currently serving as the District Chief Executive for
Wassa East in the Western Region.

Source:
Prince Akpah, Managing Director of Avance Media

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