The Founder and Chief Executive Officer of KAB-FAM Ghana Ltd, Mr. Antwi-Boahen, was honoured at the 25th Anniversary Edition of the Millennium Excellence Awards, held on Friday, May 9, 2025, at the Manhyia Palace in Kumasi.
The event was hosted under the auspices of Otumfuo Osei Tutu II, Asantehene and Life Patron of the awards scheme, which is widely regarded as one of Africa’s most prestigious honours.
The Millennium Excellence Awards celebrate personalities who have demonstrated outstanding achievement in their respective fields. Past laureates include global figures such as Archbishop Desmond Tutu, Kofi Annan, Mo Ibrahim, and Professor Wole Soyinka.
Mr. Antwi-Boahen received the award for Retail and Commerce Innovation, in recognition of his role in transforming KAB-FAM Ghana Ltd into a leading player in the electronics and home appliances retail sector.
Founded in May 2013 and operational by October 2014, the company has expanded rapidly over the last decade, now operating 16 branches and providing direct and indirect employment to over 1,300 people.
Under Mr. Antwi-Boahen’s leadership, KAB-FAM has grown to hold a 12% share of the market as of 2022, positioning itself as a major wholly Ghanaian-owned brand in the sector.
The company’s growth has been driven by a combination of technology-driven innovation, strategic pricing, a focus on customer service, and a commitment to making quality electronics more accessible to the general public.
Today, KAB-FAM is noted not only for its expansive retail presence but also for its strong online visibility, with a combined social media following of nearly one million across platforms.
The recognition affirms the company’s growing influence and Mr. Antwi-Boahen’s contribution to Ghana’s retail landscape.
Earlier this year, KAB-FAM acquired Hilbery, World’s First Design-Centric Appliance Brand with customers in several African countries, the UK, Europe and America, and are the Country Agent of Haier, Global No.1 Appliance Brand By Market Share for 16 Consecutive Years, cementing KAB-FAM’s position as a Market Leader.
Mr. Antwi-Boahen is a marketing and advertising luminary, one of the core reasons for the success of KAB-FAM and a strong champion of data research and analytics.
He has over fourteen (14) years’ experience in sales, marketing, and business operations in the FMCG sector with an aggressive appetite for business development and expansion.
He also consults for a number of businesses and organisations in Ghana, Africa, and Asia on branding, brand visibility, and advertising.
Mr. Antwi-Boahen has been featured in several local and international journals including Forbes Africa, with spotlights on how he was able to impressively build an electronics and appliance retail giant in less than ten (10) years from the scratch, in a market hitherto dominated only by expatriate firms.
He is a philanthropist, and through KAB-FAM, has extended a helping hand to a number of people and public institutions in need.
Worthy of mention is the donation of cash and home appliances to Madam Ama Forson, a wrongfully convicted 69 year-old woman who was later acquitted and discharged under the Justice for All Programme spearheaded by POS Foundation, for her reintegration into society, in a special ceremony held at the Law Court Complex on June 24, 2021.
KAB-FAM also refurbished and adopted the Department of Chest Diseases at the Korle Bu Teaching Hospital in August 2019.
