Nana Dr. Michael Agyekum Addo is an accomplished entrepreneur who has built a huge business footprint in the pharmaceutical industry in Ghana. He received his education from the Kwame Nkrumah University Of Science and Technology (KNUST) where he earned his Bachelor’s Degree in Pharmacy, and proceeded to study for his Master’s Degree in Industrial Management from the same university.
Dr. Agyekum Addo 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 11 wholesale and retail outlets across Ghana. He also manages a micro-finance firm, a real estate business and a multi-purpose conference center named Mikaddo. Dr Agyekum has 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.
Dr Agyekum Addo has been recognized for his contribution to the growth and development of Ghana’s pharmaceutical industry. He passed on 31st October, 2024 at Korle Bu Teaching Hospital with his family by him.
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Nana Dr. Michael Kwabena Agyekum Addo (1950–2024) was a distinguished Ghanaian entrepreneur, pharmacist, philanthropist, and traditional leader. He was best known as the founder of the KAMA Group of Companies and Mikaddo Holdings Ltd, and served as the Nkabomhene (Unity Chief) of the New Juaben Traditional Area in Koforidua.
🧬 Early Life & Education
Born on January 3, 1950, in Suhyen near Koforidua in Ghana’s Eastern Region, Dr. Agyekum Addo faced early hardships, including the loss of his father and his mother’s illness. Despite these challenges, he managed his mother’s grocery business while attending school. He completed his secondary education at Ghana Senior High School, Koforidua. He then earned a Bachelor of Science in Pharmacy from Kwame Nkrumah University of Science and Technology (KNUST), followed by a Postgraduate Diploma in Industrial Management in 1982 and a Master’s degree in Industrial Management with a focus on entrepreneurship in 1998. Demonstrating a lifelong commitment to learning, he obtained a PhD in Marketing and Entrepreneurship from the University of Ghana in 2022 at the age of 72
💼 Career & Business Legacy
Dr. Agyekum Addo began his entrepreneurial journey in 1983 with a pharmaceutical shop in Kumasi. By 1986, he was manufacturing medical products from his garage, leading to the establishment of the KAMA Group of Companies. Under his leadership, KAMA grew into a conglomerate with 16 subsidiaries spanning pharmaceutical manufacturing, wholesale and retail outlets, microfinance, real estate, and a multi-purpose conference center, employing hundreds across Ghana .
He later founded Mikaddo Holdings Ltd, further expanding his influence in the business sector. His commitment to youth empowerment led to the creation of the Kama Education Project, aimed at training teachers to instill entrepreneurial skills in students from a young age. He also authored several motivational books to inspire the younger generation .
🏅 Honors & Leadership Roles
Dr. Agyekum Addo’s contributions earned him numerous accolades and leadership positions:
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Honorary Doctorate from KNUST in 2005 .
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Member of the National Development Planning Commission (NDPC).
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Board Chairman of the Ghana Investment Promotion Centre (GIPC).
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Council Chairman of Pentecost University College.
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President of the Ghana Red Cross Society (two terms).
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Council Member of the Centre for Scientific and Industrial Research (CSIR).
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President of the Pharmaceutical Manufacturing Association of Ghana (PMAG).
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Election Committee Member of the International Federation of Red Cross and Red Crescent Societies (IFRC) .
👨👩👧👦 Personal Life
Dr. Agyekum Addo was a devoted family man, survived by nine children, several of whom have pursued careers in pharmacy, medicine, architecture, and other professional fields
🕊️ Passing & Legacy
Dr. Michael Agyekum Addo passed away on October 31, 2024, at the age of 74. His life story—from humble beginnings to becoming a titan in Ghana’s pharmaceutical industry—continues to inspire many. His legacy lives on through the institutions he built, the lives he touched, and the entrepreneurial spirit he championed.
Last Updated on May 5, 2025 by Samuel Kwame Boadu
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Samuel Kwame Boadu is a Ghanaian media entrepreneur and storyteller with a passion for amplifying urban voices and uncovering everyday truths. He is the Editor-in-Chief and Founder of Accra Street Journal, a dynamic digital platform dedicated to capturing the pulse of Ghana’s capital—its people, culture, challenges, business, sports and innovations.
