Dr Daniel McKorley Archives

October 1, 2024

The McDan Entrepreneurship Challenge (MEC) is back for its second season, bringing a high-stakes 13-week reality TV show that aims to propel emerging businesses to new heights.

With a grand prize of $100,000 up for grabs, the competition is set to transform the fortunes of one exceptional startup, offering a life-changing opportunity to scale and grow.

Launched by Dr Daniel McKorley, Chairman of McDan Group, the MEC is a testament to his commitment to fostering entrepreneurship and innovation in Ghana.

Dr. McKorley’s vision is clear: to support young entrepreneurs and drive economic development through strategic mentorship, financial backing, and a platform to showcase innovative business ideas.

This season promises even more excitement, as a panel of seasoned judges evaluates the creativity, sustainability, and impact of each competing startup.Throughout the show, participants will face a series of challenges designed to test their business acumen, adaptability, and leadership skills.

They will also benefit from expert mentorship aimed at helping them refine their ideas and navigate the entrepreneurial journey.

More than just a competition, the MEC serves as an inspiring platform for viewers, offering valuable lessons in entrepreneurship, resilience, and strategic thinking.

The show is designed to entertain while educating aspiring business owners, shedding light on the realities of building a successful enterprise in today’s fast-paced market.

As Season 2 progresses, audiences will follow the journeys of these startups as they tackle obstacles, seize opportunities, and innovate their way toward success.

With the McDan Group’s commitment to driving change and fostering sustainable growth, the MEC continues to play a pivotal role in creating a vibrant ecosystem where startups can thrive and reach their full potential.

Source: JoyOnline

by Redeemer

August 22, 2024

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In a remarkable display of industry expertise, innovation and exceptional leadership, Dr. Daniel McKorley, the visionary founder and CEO of McDan Group, has been awarded the prestigious title of “Aviacargo Personality of the Year for West Africa 2023” at the esteemed CHINET 24 Aviation & Cargo Conference in Lagos, Nigeria.

This well-deserved recognition further solidifies Dr. McKorley’s position as a driving force in the aviation and cargo sector, not just in Ghana but across the entire West African region.

Background of Dr. Daniel McKorley

Dr. Daniel McKorley’s journey to becoming a prominent figure in the aviation and cargo industry began with his founding of the McDan Group in 1999.

Starting as a small freight forwarding company, the McDan Group has since grown into a conglomerate with diverse interests in logistics, shipping, aviation, and banking.

Dr. McKorley’s unwavering dedication to excellence and his vision to transform the logistics landscape in West Africa have been instrumental in the company’s success.

Aviacargo Personality of the Year for West Africa 2023

The Aviacargo Personality of the Year award is a highly respected accolade presented to individuals who have significantly impacted the aviation and cargo industry in West Africa.

The selection process involves rigorous evaluation by a panel of industry experts, who assess various aspects of the nominees’ contributions, such as leadership, innovation, and overall impact on the sector.

Dr. Daniel McKorley’s achievements in the aviation and cargo sector, particularly his strategic initiatives to expand and modernize the McDan Aviation division, made him a standout candidate for this prestigious award.

McDan Aviation

McDan Aviation is a subsidiary of the McDan Group that offers domestic and Regional passenger and cargo services. Under Dr. McKorley’s leadership, McDan Aviation has undergone significant expansion and modernization efforts, enhancing its operational efficiency and service delivery.

by Redeemer

August 15, 2024

The founder of McDan Group of Companies, Dr. Daniel McKorley, has offered to give jobs to street hawkers in Accra instead of giving them money anytime they approach him.

The business mogul, popularly known as McDan, made the job offer when some street hawkers approached his car for money in a video circulating on social media.

The billionaire businessman and philanthropist is looking to provide sustainable employment and livelihood opportunities to the street hawkers rather than pamper them with handouts.

McDan has in the past sponsored the education and vocational training of thousands of underprivileged youth across Ghana.

“Come, I’ll give you jobs. The last time, I took you people to go and learn jobs, but only two people stayed over there.

“Very soon, I’ll stop giving you money. I need all of you out of the street. Come to my office next week,” McDan told the hawkers.

Source : ModernGhana

by Redeemer

August 15, 2024

The McDan Group of Companies has donated the sum of One Hundred and Twenty Thousand Cedis (GHC 120, 000) to the La Traditional Council ahead of the 2024 Homowo festival of the chiefs and people of La and its environs.

The donation, which is an annual gesture initiated by the founder of the McDan group, Dr Daniel McKorley is aimed at promoting the Ga-Dangme people, interests and cultural heritage.
Public Relations (PR) Executive of the Group, Jeffery Tetteh who presented the cheque on behalf of the Eexecutive Chairman of the McDan group assured of the commitment of the group towards supporting a successful festive season.

Receiving the cheque on behalf of the La Traditional Council, La Ashikitele, Nii Adjei Koofeh IV thanked the group and its founder for the continuous show of love and support to the council and the people of La.

He prayed for the God’s fovour and protection for McDan and the group.

In a related development, the Mcdan group also presented a cheque of Ghc 30, 000 to the Coalition of La Association, an umbrella body of various groupings within the La community.
President of the Association, Oscar Nii Odoi Glover thanked the group for the gesture.

The McDan group through its charity arm, the McDan Foundation has been involved in several corporate social responsibility activities including sponsorship of the Homowo Unity Cup.

Source : EagleGhana

by Redeemer

August 14, 2024

The Executive Chairman of the McDan Group of Companies, Dr Daniel McKorley, is concerned about the implementation of the incumbent government’s flagship programme, One District One Factory (1D1F). According to him, although it is a brilliant initiative, the government should have let the private sector take full charge of it to ensure its sustainability and success. “One District One Factory (1D1F) is one of the brilliant ideas that this government came up with, but the implementation was wrong and I questioned it,” he said on Joy FM’s Super Morning Show on Wednesday. He highlighted the crucial role that industry plays in any economy, noting that it is a sector that generates substantial employment opportunities. According to Dr McKorley, for 1D1F to truly succeed, it must be treated as a business venture, driven by private sector expertise and entrepreneurship. “If you look at our economy, what we need is industries. Industry is a whole chain that creates lots of jobs,” he said, emphasizing the importance of industrial development. Dr McKorley suggested that the government should establish an Advisory Board composed of seasoned entrepreneurs who can provide valuable guidance on the viability of proposed projects under the policy. This board, he believes, could offer crucial advice to prevent failures and ensure the success of the initiative. “With the 1D1F, it is supposed to be left for the private sector, and an Advisory Board of people who have made it can advise and say ‘If you go here, you will fail,’” he proposed. He further argued that private sector involvement is essential for protecting and sustaining the businesses created under the 1D1F policy. Dr McKorley stressed that entrepreneurs with a vested interest in the industry would be more motivated to ensure the long-term success of these factories. “1D1F needs to be run as a business. So put it in the hands of the private sector and they would protect the business.” The One District One Factory (1D1F) initiative was launched by President Akufo-Addo to change the nature of Ghana’s economy from one which is dependent on the import and export of raw materials to one focused on manufacturing, value addition and export of processed goods. The policy was also to support the private sector to establish at least one industrial enterprise in each of the administrative districts of the country. The concept of the One District One Factory (1D1F), among other initiatives of the government, is designed to transform the industrial landscape of the country and build the capacities of local enterprises to produce quality products and services for both domestic and foreign markets. However, the real value of the policy’s implementation has not been felt so far by industry and the citizenry.

by Redeemer

August 12, 2024

Executive Chairman of the McDan Group of companies, Dr Daniel McKorley, popularly known as McDan, has debunked negative claims about his health status.

The Ghanaian media space was recently awashed with sensationalism and rumour mongering to the effect that, Ghana’s shining business mogul and philantropist was paralysed, with some going to the extent that he is even dead.

Reacting to the misinformation in a viral video sighted by EAGLEGHANA.COM , the hale and hearty McDan believes it is only God who is shepheard and any man.

The business owner and entrepreneurial coach revealed in the video that he had just finished his usual exercise and is very fit as the fiddle, contrary to the negative rumours.

“Let me tell Ghanaians that they shouldn’t be worried. I’m alive, and I’m strong. It’s just a rumour.

“It’s only God who takes care of us. No man has power over us, so I’m strong. You can see I just finished playing tennis. I played one hour of tennis this morning. I’m looking okay,” he said.

He urged Ghanaians not to worry about his health and to ignore the ongoing rumours, adding that he would continue to serve them.

“So, Ghanaians shouldn’t worry. I know how much Ghanaians love me, and my love also goes out to them. Those who heard it and got worried shouldn’t be worried. I’m alive and very strong, and I’m still continuing the good things I’m doing for this country.”

by Redeemer

July 8, 2024

Executive Chairman-McDan Group, Dr. Daniel Mckorley, has urged entrepreneurs to commit to building sustainable and innovative businesses rather than just profit-making ones.

In his address at the Global Quality Brands Summit and Awards, Dr. Mckorley highlighted the need for entrepreneurs to embrace diversity and create environments that foster creativity and collaboration. He emphasised the importance of leveraging platforms to advocate for policies that promote economic stability, environmental stewardship and social equity.

He noted that entrepreneurs have a unique capacity to forge pathways that tackle societal issues head-on. He added: “Whether it is developing sustainable logistics solutions, pioneering advancements in the way we mine to eliminate the harmful effects of galamsay or leveraging technology to bridge educational gaps, the entrepreneurial spirit is inherently aligned with problem-solving and progress”.

He indicated that the challenges faced today, from climate change to unemployment, demand bold thinking and decisive action – which are the hallmarks of entrepreneurship. By harnessing collective dedication, entrepreneurs can drive not only economic prosperity but also meaningful, lasting change, he added.

Senior Policy Advisor to the Vice President,Professor Kwaku Appiah-Adu, in his remarks on the theme ‘Celebrating Global Premium Quality Brands in Ghana’ said introducing global premium quality brands into the local market has a cascading effect on the economy’s various sectors.

The retail industry for instance, he said, has witnessed a transformation in terms of quality and variety of products available to consumers. This has led to heightened consumer expectations, compelling local retailers to improve their offerings and customer service standards.

Additionally, the presence of these brands has stimulated growth in ancillary sectors such as logistics, advertising and real estate, creating a multiplier effect that benefits the broader economy.

Prof. Appiah-Adu stated that in celebrating global premium quality brands, it is essential to acknowledge the role they play in enhancing the nation’s infrastructure and human capital development,

The Australian High Commissioner to Ghana, Bernice Owen-Jones, advised entrepreneurs to embrace climate-smart solutions to thrive as sustainable competitive global brands.

The High Commissioner also lauded home-grown initiatives that offer African solutions to local challenges, citing the Africa Continental Free Trade Area (AfCFTA) as a significant opportunity for intra-Africa trade growth.

With the AfCFTA aiming to increase trade by 81% and remove 90% of tariffs on goods by 2035, the High Commissioner called for effective implementation of this trade agreement by the government of Ghana and other African nations.

These are the brands and individuals awarded at the Global Business Quality Brands Awards ceremony: Premium Multinational Banking Brand of the Year 2023, Zenith Bank (Ghana) Limited; Premium Synthetic Engine Oil Brand of the Year 2023 – GOIL PLC Super Synthetic 5W-30 Oil; Premium Digital Transformation Service Brand of the Year 2023 – Driver and Vehicle Licencing Authority (DVLA) Prestige Service; Premium SME Banking Brand of the Year 2023 – OmniBSIC Bank Ghana Limited; Premium Paper, Printing & Packaging Brand of the Year 2023 – Jay Kay Industries & Investments Limited; Premium West African Iron & Steel Brand of the Year 2023 – B5 Plus Group.

Premium Organic Chocolate Brand of the Year 2023 – Fairafric Organic Chocolates; Premium Bathing Gel Soap Brand of the Year 2023 – JRA Bathing Gel Soap; Premium Confectionary Brand of the Year 2023 – Top Choco Chocolate Spread and Drinks.

Individuals honoured were: Most Influential Multinational CEO of the Year 2023, Power Sector – Pankaj Bhati, Chief Executive Officer-AlphaTND Limited; Most Influential Woman CEO of the Year 2023 – Osafohene Dr. Afua Asabea Asare I, Chief Executive Officer-Ghana Export Promotion Authority; Most Influential Multinational Young CEO of the Year 2023 – Mr. Brent Nartey, Managing Director-Engen Ghana Limited; Most Influential Multinational CEO of the Year 2023 – Automotive Industry, Mr. Adedamola Adelabu-Managing Director, CFAO Ghana PLC.

Most Influential Public Sector CEO of the Year 2023 – Dr. Edwin Alfred Provencal, Chief Executive Officer-Bulk Oil Storage and Transportation Company Limited; Most Influential Business Executive of the Year 2023 – Dr. James Orleans-Lindsay, Executive Chairman-JL Holdings; Most Influential CEO of the Year 2023 – Mr. Moses Kwesi Baiden Jnr, Executive Chairman-Margins ID Group; Most Influential Industrialist of the Year 2023 – Mr. Mukesh V. Thakwani, Executive Chairman-B5 Plus Group; Most Influential Business Leader of the Year 2023 – Dr. Daniel McKorley, Executive Chairman-McDan Group.

The Global Business Brands Summit and Award was instituted in 2016 by Entrepreneurs Foundation of Ghana to assemble over 200 influential CEOS, business executives, development organisations, diplomatic corps, policymakers and entrepreneurs and serve as a pivotal platform for fostering essential relationships between entrepreneurs and diplomatic representatives.

Source: B&FTonline

by Redeemer

July 2, 2024

Executive Chairman of the McDan Group, Dr Daniel McKorley has urged the urgent need for institutions of higher learning to adapt to trending changes and become incubators of innovation in order to effectively equip students with relevant skills and the mindset needed to survive in the vigorous job market.

“It is imperative that, our institutions of high learning adapt and innovate to equipt students with the skills and mindset necessary to thrive in this dynamic environment”,

According to him, the job market has rapidly shifted from just acquiring education and then getting absorbed into employment to current trends of technological advancements in the midst of globalisation where creativity and critical thinking is required to survive.

“In the past, the pathway to success were relatively straight forward, obtain a degree, secure a job, climb the corporste ladder, however, the landscape has shifted dramatically. Automation, artificial intelligence and globalisation have redefined the nature of work. The job of tomorrow would depend on just not technical proficiency, but creativity, critical thinking and adaptability. Therefore, our educational system must undergoe a transformation to forester these competencies. We must move beyond the traditional learning and embrace experimental interdidciplinary and flexible approaches to education”, Dr McKorley stated.

Addressing lecturers and students during the 2024 edition of the Students Industry Meeting (SIM) day of the School of Social Sciences of the University of Ghana on Monday July 1, 2024, Dr McKorley reiterated the need for universities and other high centres of learning to provide the avenue for students to question the status quo in a collaborative manner as they lead the change process as the future leaders.

“Educational Institutions must become incubators of innovation where students are encouraged to question, explore and experiment by promoting collaborative projects and forstering a culture of continues learining. We can prepare students not just to enter the workfore but to lead and shape it. It is only through such holistic and forward looking educational practices that we can empower the next generation to navigate and excel in the contrast interconnected world” Dr McKorley said.

He encouraged young people to exhibit the right attitude at all times, be passionate in the pursuit of their life goals and commit to service in order to become succesful in their chosen endeavours.

The SIM Day of the School pf Social Sciences is an annual event set aside for students to meet with industry players, professionals, policy makers and entrepreneurs tl share ideas, experiences and stimulate thoughts on best practices.

It is aimed at providing an avenue for the students to develop, acquire leadership and managerial skills even as they network of business lesders and potential employers.

The 2024 SIM Day was on the theme: “Empowering Our Students for tge World of Work”.

Other speakers at the event include Chief Eexeicitive Officer of MTN Ghana, Stephen Blewett, Regional Head of HR, Ecobank Ghana PLC, Provost, College of Humanities, Prof Daniel Frimpong Ofori, Dean of the School of Social Sciences, Prof Mavis Dako-Gyeke, Afua Gyakyewaa Prempeh of the Youth Employment Agency (YEA) and a Senior Lecturer, Dr Ebenezer F. Amankwaa.

Source : Eagle Ghana

by Redeemer

June 18, 2024

Executive Chair of McDan Group Calls for African Leadership in Shipping

Dr. Daniel Mckorley, Executive Chair of McDan Group, has issued a compelling plea for increased African ownership in the logistics and shipping sectors to bolster regional trade dynamics. Speaking at AFREXIM Bank’s forum in the Bahamas, Dr. Mckorley emphasized the imperative to curtail reliance on external routes that inflate costs and logistical complexities for African enterprises.

“The current practice of exporting goods outside Africa only to re-import them is unsustainable,” Dr. Mckorley underscored. He urged financial institutions and governments to champion local ownership initiatives, enhancing operational efficiencies and economic resilience across the continent.

Points:

AFREXIM Bank Initiative: Africa Trade Gateway

Dr. Mckorley spotlighted AFREXIM Bank’s Africa Trade Gateway as a transformative platform empowering intra-African commerce. This digital ecosystem fosters seamless B2B transactions among commercial banks, driving economic growth and fostering income generation within Africa.

Impact of AfCFTA

Addressing the African Continental Free Trade Area (AfCFTA), Dr. Mckorley acknowledged its role in simplifying intra-African trade processes. Yet, he stressed the critical need for enhanced regional connectivity and logistical infrastructure to maximize its potential benefits.

Challenges and Vision

“Control over sea routes dictates business outcomes,” Dr. Mckorley lamented the logistical hurdles stifling intra-African trade. He highlighted platforms like Africa Trade Gateway as pivotal in facilitating cross-border transactions and advocated sustained support for AFREXIM Bank’s initiatives.

In conclusion, Dr. Daniel Mckorley’s impassioned call for heightened African participation in logistics and shipping underscores a transformative moment in the continent’s economic narrative, emphasizing the urgency of indigenous capacity-building to propel sustainable development and economic integration.

Source : News Ghana

by Redeemer

June 17, 2024

Executive Chairman of McDan Group, Dr Daniel Mckorley is making a strong case for more Africans to own the logistics and shipping space.

He believes that this is one of the surest ways to aid intra-African trade and deal with some of the challenges that most African firms face when it comes to moving goods in the region.

He noted that “The practice where products and goods from the region have to be first shipped outside the region and brought back has to stop.”

Dr Mckorley added that financial institutions and the government must also work to give meaning to this proposal.

Dr Daniel Mckorley said this when he joined other panellists, including Banking Chiefs and CEOs of some Multinational Groups at the AFREXIM Bank side discussions in the Bahamas, looking at how to improve Intra- African trade, with the look at the Africa Trade Gateway.

AFREXIM Bank and the Africa Trade Gateway

The Africa Trade Gateway is a dynamic digital trade ecosystem for commercial banks and their trading platforms. It’s one of the initiatives put together by the African Export and Import Bank to aid trade in the region.

It offers what can be described as a B2B marketplace for customers to transact more and generate more income.

McDan Group Chairman on AfCFTA and Trade on the continent

The Group Chairman of McDan Group maintained that “It is not fair that, when I produce in Africa, the product has to go Europe, before coming to a country like Senegal, that is not fair and it has to change.”

“This is increasing my cost as a producer and someone in the logistics space” the Group Chairman of McDan Group added.

“Whoever controls the sea, controls the business, and if we don’t have connectivity in Africa, that becomes a big challenge for all of us”he lamented.

Dr Mckorley highlighted how platforms like Africa Trade Gateway have helped in making payments in his local currency across the continent, and said the necessary support should be given to AFREXIM in terms of the support that they are giving to a lot of African businesses.

He maintained that “The African Free Trade Area deal, or call it AfCFTA, has helped him a lot in terms of doing business in Africa.

“It is now more stressful to do because in Africa, even though a lot of work still needs to be done,” the Chairman of McDan Group added.

Source: MyJoyOnline

Older Posts

Dr Daniel McKorley Archives - McDan Group

McDan Entrepreneurship Challenge Season 2: Empowering startups and driving innovation

Dr. Daniel McKorley Named West Africa’s ‘Aviacargo Personality of the Year 2023’

‘Leave the streets and come to my office for jobs’ — McDan to street hawkers

McDan Donates Ghc 120,000 To La Traditional Council Towards 2024 Homowo Festival

1D1F is a brilliant policy but it should have been left for the private sector – McDan

Ignore my death rumours, I’m alive – McDan

Commit to building sustainable, innovative businesses – entrepreneurs told

Tertiary Institutions Must Be Incubators Of Innovation For Students- McDan

African Logistics Ownership Urged to Boost Intra-Continental Trade

Africans must own the logistics and shipping space – Executive Chair of McDan Group

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