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Togbe Afede XIV


Togbe Afede XIV (born James Akpo; 23 April 1957) is the Agbogbomefia, or paramount chief, of the Asogli State in Ghana's Volta Region, a position he has held since his enstoolment on 4 October 2003 by the state's kingmakers. As president of the Asogli Traditional Council, he presides over the traditional governance of the autonomous kingdom encompassing areas like Ho, Akoefe, and Kpenoe, while also serving as a key figure in national chieftaincy affairs as president of the National House of Chiefs. Beyond his traditional roles, Togbe Afede XIV is a distinguished entrepreneur who founded Databank Financial Services and Strategic African Securities (), pioneering stock brokerage and advisory in , and established Strategic Initiatives Ltd. in 1999 as a . His business portfolio extends to majority ownership of Accra Hearts of Oak Sporting Club, co-founding and Sunon Asogli Power Ghana Ltd., and chairmanship of World Trade Centre Accra, contributing significantly to sectors including aviation, energy, and finance. Earlier, he lectured in finance at the from 1989 to 1994 and advised on economic policy as a member of the 2009 Government Transition Team and President’s until 2013. Togbe Afede XIV's emphasizes development, including initiatives like the Asogli Education Fund, the inaugural tourist and guide to , and delegations to for investment in , , and ; he received Ghana's Greatest Entrepreneur of All Time Award in 2021 for these endeavors. His dual pursuit of and modern enterprise has positioned him as a model of integrated , fostering in Asogli State through cultural events like the Teza Yam Festival and strategic partnerships.

Personal Background

Early Life and Family

Togbe Afede XIV, born James Akpo, entered the world on April 23, 1957, in , the administrative center of Ghana's , to Patrick Akpo, a serviceman, and Rose Anyawoe, both natives of Ho Bankoe. His upbringing in this locale immersed him from an early age in the ethnic group's cultural practices and communal structures, including the hierarchical traditions of the Asogli State, where Ho Bankoe serves as a key settlement. The Akpo family, into which he was born, maintains direct ties to the royal lineage of the Asogli State, specifically the Akpo Royal Family of Ho Bankoe, from which successors to the Aƒede Stool have historically been selected, underscoring a continuity of hereditary eligibility in traditional governance predating colonial interruptions. Togbe Afede XIV is the grandson of Herman Ladzi Akpo, a prominent catechist whose influence blended Christian elements with local customs in the community. He had a twin brother, Philip Akpo, who died during childhood.

Education

Togbe Afede XIV completed his secondary education at in the of , entering in 1969 and obtaining his certificate in 1974, which instilled foundational discipline essential for subsequent academic pursuits. He then attended in , where he excelled in the GCE Advanced Level examinations in 1976, demonstrating strong aptitude in subjects preparatory to . In 1979, he earned a BSc in with an Accounting option from the School of Administration at Legon, equipping him with practical skills in and principles directly applicable to Ghana's economic context. This undergraduate training, rare among traditional Ghanaian leaders, bridged local governance traditions with modern fiscal expertise. He later obtained an MBA in Finance from the in 1989, advancing his knowledge in business strategy, , and formulation. This education complemented his role, enabling informed critiques of national challenges like , though such qualifications remain uncommon in chieftaincy, underscoring their causal role in his influential positions across sectors.

Traditional Leadership

Enstoolment and Ascension

Togbe Afede XIV, born James Akpo, was enstooled as the Agbogbomefia () of the on October 4, 2003, succeeding to the traditional throne centered in , . This installation transformed him from a private businessman into the spiritual and customary leader of the Asogli Traditional Area, encompassing multiple clans and communities. The enstoolment followed established chieftaincy protocols, where kingmakers from constituent clans deliberate to select a from the eligible , emphasizing to ensure legitimacy and unity. The ceremony culminated in Togbe Afede XIV swearing the great , a pivotal binding the new to principles of truth, , and service to his people, marking a formal to customary over personal pursuits. This , administered amid traditional libations and invocations to ancestors, underscored the sacred responsibilities of the Agbogbomefia role, distinct from modern electoral systems. Reports from highlighted his pledge for a "new beginning," signaling intent to revitalize the state's amid contemporary challenges. Initially, the ascension presented challenges in reconciling chieftaincy obligations—such as mediating disputes and performing rituals—with his ongoing professional life in , requiring a deliberate separation of roles to uphold both spheres' integrity. Togbe Afede later recounted the selection as a form of "capture" by elders, reflecting traditional reluctance narratives where qualified individuals are persuaded to accept the for communal benefit rather than personal ambition. This process aligned with Ewe customary emphasis on merit alongside descent, prioritizing proven capability in and .

Governance of Asogli State

Togbe Afede XIV serves as the Agbogbomefia of the Asogli State and President of the Asogli Traditional Area, presiding over the , which functions as the primary traditional ruling body. The council includes divisional paramount chiefs from key areas such as Akoefe, Kpenoe, , and Takla, encompassing 33 traditional areas in total, and addresses core functions including chieftaincy disputes, land allocation, and resource stewardship. Subordinate bodies, like the comprising chiefs from the five main Ho divisions (Ahoe, Bankoe, Dome, Heve, and Hliha), handle localized administrative matters under his overarching authority. In land management, the council under Togbe Afede XIV prioritizes sustainable oversight amid pressures from activities such as illegal small-scale mining, known locally as , which he has publicly condemned as headstrong destruction of natural resources threatening communal farmlands and water bodies. He critiqued tactics like excavator burnings as inefficient and wasteful, advocating instead for enforcement rooted in traditional custodianship to mitigate environmental harm without undermining legitimate livelihoods. This stance aligns with the council's role in resolving land disputes, where empirical records show reduced intra-community conflicts through mediated settlements, fostering stability in an area spanning multiple divisions. Cultural festivals form a of , with the annual Asogli Teza Yam Festival serving as a platform for unity and moral reinforcement; revived and led by Togbe Afede XIV since his enstoolment, the event—held in each year, including the 2025 edition launched on July 1—gathers divisional chiefs and subjects to emphasize agricultural revival, youth discipline, and communal self-reliance over state dependency. During the 2025 durbar, he urged renewed commitment to farming as a bulwark against economic vulnerability, linking traditional rites to practical outcomes like enhanced harvest planning across Asogli's agrarian divisions. Development initiatives under his presidency target and ethical grounding, including advocacy for programs tied to local agriculture and to bolster cohesion; over two decades, these have correlated with observable upticks in participation and inter-divisional collaboration, as evidenced by expanded durbars drawing from all areas. Such measures position as a counter to centralized overreach, prioritizing verifiable local metrics like rates over unsubstantiated preservation narratives.

National Role in Chieftaincy

Togbe Afede XIV served as President of the National House of Chiefs from his election in an unspecified prior term until November 2020, when he was defeated in a bid for re-election by a vote of the body's membership. In this capacity, he led efforts to reposition the chieftaincy institution as a more effective contributor to national governance, including advocacy for improved remuneration of chiefs nationwide and interventions to promote peace amid chieftaincy disputes. His administration also pursued amendments to the Chieftaincy Act, notably Article 63(D), to restore traditional authorities' powers of summons in dispute resolution, aiming to strengthen their role without undermining constitutional frameworks. Beyond administrative reforms, Togbe Afede XIV engaged in dialogues with government entities to integrate traditional into broader processes, such as securing arrears payments owed to chiefs and documenting customary practices to reduce conflicts over authority and resources. He emphasized the need for chieftaincy to evolve through commitment to development goals, positioning traditional systems as complementary to state mechanisms rather than subordinate, while cautioning against encroachments that could dilute customary efficacy in areas like dispute mediation. As of 2025, Togbe Afede XIV continues to advocate for robust in national contexts, including plans to establish an African Traditional Leadership Institute to empower chiefs through training on ethical and cohesion. In public addresses, he has underscored the shared responsibility of traditional and political leaders in upholding against , framing chieftaincy as a for ethical standards amid institutional challenges. These efforts highlight ongoing tensions between customary and statutory powers, with his positions prioritizing preservation of traditional roles in fostering national stability.

Professional Career

Initial Positions in Banking

Togbe Afede XIV commenced his professional career in banking during his as a planning officer at the state-owned Bank for Housing and Construction from 1979 to 1980. In this capacity, he conducted financial analysis of loan application projects to assess viability and negotiated short-term and long-term loans along with customized financial packages for clients. This early role unfolded against Ghana's acute economic turmoil in the late 1970s, marked by , supply shortages, and policy shifts under military governance following the 1979 coup. The position sharpened his expertise in project evaluation and within a constrained public banking environment prone to fiscal pressures and inefficient , as evidenced by the institution's eventual amid widespread non-performing assets in state-led lenders. Such hands-on involvement fostered a foundation in independent financial scrutiny, distinct from later reliance on public interventions, and informed his approach to sustainable lending practices.

Investment Banking and Entrepreneurship

Togbe Afede XIV co-founded Databank Financial Services Ltd in 1990, establishing one of Ghana's earliest investment banking firms focused on corporate finance and brokerage services. During his tenure, he accumulated over 18 years of hands-on experience in investment banking, contributing to the structuring of key financial transactions that supported the nascent capital markets in Ghana. This pioneering effort helped introduce market-oriented advisory services, fostering private sector access to equity and debt financing amid limited institutional infrastructure. In late 1993, Togbe Afede XIV departed Databank to establish Strategic African Securities Ltd as part of the SAS Finance Group, a brokerage and advisory entity. He assumed the role of CEO, directing operations toward profitability through rigorous risk assessment in securities trading and advisory deals. This venture expanded brokerage capabilities in Ghana's emerging , enabling diversified investment options for private enterprises without reliance on state subsidies. Togbe Afede XIV founded Strategic Initiatives Ltd in 1999, serving as its CEO to manage and portfolio investments with an emphasis on self-sustaining returns. The firm pursued ventures prioritizing financial viability and market risks over government-backed models, channeling capital into sectors like and to drive endogenous growth in Ghana's private economy. His entrepreneurial diversification extended to aviation with the founding of Africa World Airlines Ltd in 2010, where he has served on the board since 2011 and as co-chairman from 2014. This initiative addressed gaps in domestic and regional air connectivity through commercial operations, achieving scale as a major private carrier in Ghana despite navigational and licensing constraints typical of the sector. These efforts collectively advanced market-driven innovations, evidenced by the firms' roles in mobilizing private capital and enhancing sectoral efficiencies in 's financial and transport landscapes.

Key Board Appointments and Ventures

Togbe Afede XIV served as a non-executive board member of the Bank of Ghana from 2003 to 2013, appointed in recognition of his contributions to the development of Ghana's capital markets. During his tenure, which coincided with key economic reforms including efforts to stabilize inflation and enhance monetary framework resilience, he initiated a national debate on interest rate policy in 2003 that helped align public inflation expectations with actual rates, contributing to subsequent reductions in interest rates and the normalization of the yield curve. In 2017, President Nana Akufo-Addo appointed him as Chairman of the National Investment Bank (NIB), a position he held until 2019, following prior service in the role during the Mahama administration. This appointment came amid the NIB's challenges with non-performing loans and recapitalization requirements, where his leadership focused on pragmatic restructuring to enforce fiscal discipline in the state-owned entity plagued by prior mismanagement. His broader pattern of engagement in such roles, including non-executive directorships at entities like Aluworks Ltd. since 2002, reflects interventions aimed at bolstering underperforming national financial and industrial institutions through oversight and policy advocacy rather than mere honorary participation.

Public Positions and Controversies

Critiques of Corruption and Economic Policy

Togbe Afede XIV has attributed Ghana's economic challenges, including ballooning public exceeding 90% of GDP by late 2022 and subsequent cost-of-living crises, to self-inflicted failures in leadership under the Akufo-Addo administration rather than external factors alone. In a December 2022 publication updated in 2023, he argued that the nation's extravagant spending patterns—despite abundant natural resources like , , and —mirrored those of wealthy countries, leading to unsustainable fiscal deficits and accumulation that necessitated an IMF in 2023. He emphasized that such profligacy, including unchecked government expenditures, exacerbated poverty for ordinary amid rates peaking above 50% in 2022. In January 2025, Togbe Afede XIV specifically condemned the Bank of Ghana's expenditure of nearly $300 million on a new headquarters building as emblematic of reckless fiscal irresponsibility by state institutions. He linked this to broader institutional failures that prioritize vanity projects over , arguing it diverted resources from addressing Ghana's entrenched despite its resource wealth. During his address at the 2025 Asogli Yam Festival on October 5, Togbe Afede XIV framed as a direct outcome of moral decay and a "disrespect ," enabling unchecked excess and economic mismanagement. He advocated for constitutional reforms to impose swift and severe punishments on corrupt officials, rejecting leniency that normalizes graft and hinders national progress, while urging a cultural shift away from glorifying ill-gotten wealth. This stance positioned not merely as isolated acts but as a systemic enabler of fiscal irresponsibility, perpetuating debt cycles and resource misallocation.

Commentary on Judiciary and Governance

In November 2024, Togbe Afede XIV publicly criticized recent rulings in , describing them as "illogical and uninspiring" and noting that some constitutional interpretations by the "defy logic." These remarks followed an between the Speaker of and the , particularly over rulings on parliamentary seats, which he argued undermine public trust in institutions meant to safeguard and deliver fair justice. He warned that such decisions erode confidence in the , calling for judicial reforms to restore fairness and impartiality without eroding democratic foundations. Togbe Afede has advocated for governance reforms emphasizing anti-corruption enforcement and productivity-enhancing policies to address institutional breakdowns. In September 2025, he highlighted Operation Recover All Loot (ORAL) and the 24-hour economy as complementary drivers of national transformation, arguing that robust anti-corruption measures paired with extended economic operations could generate jobs, spur growth, and rebuild public faith in governance. He stressed that these initiatives prioritize systemic efficiency over unchecked welfare expansion, cautioning that persistent corruption and infrastructural deficits perpetuate executive and institutional failures. He has defended traditional ethical standards as antidotes to modern governance ills, linking corruption and indiscipline to a broader disregard for truth and moral discipline. In October 2025, Togbe Afede described corruption as stemming from "disrespect for truth," urging leaders to model integrity and revise the 1992 Constitution for swift, severe penalties to deter graft. He identified lawlessness and indiscipline as national banes, advocating ethics-based education to instill values beyond academic results, thereby reinforcing rule-of-law adherence against eroding traditional frameworks.

Responses to Political Backlash

In October 2016, the New Patriotic Party (NPP) in the Volta Region accused the then-ruling National Democratic Congress (NDC) government of victimizing Togbe Afede XIV through actions targeting businesses associated with critics of the administration, including those linked to the Asogli paramountcy, in response to his public advocacy against perceived incompetence and corruption. This claim highlighted tensions where his outspokenness on governance issues was framed by NPP supporters as prompting retaliatory measures, though no formal charges or convictions against the government materialized from these allegations. Following his rejection of GH¢365,000 in ex-gratia payments in June 2022 for part-time service on the from 2017 to 2020, Togbe Afede XIV faced criticism from media figures like Paul Adom-Otchere, who questioned his attendance and activity levels, suggesting the payment reflected unearned compensation. Togbe Afede rebutted these assertions by emphasizing his substantive contributions, including reviewing documents and providing advice outside formal meetings, while deeming the ex-gratia "inappropriate" amid national economic hardships; he expressed willingness to accept legitimate critique but rejected what he described as dishonest portrayals of his engagement. This defense underscored his prioritization of competence and accountability over nominal participation metrics. In 2025, amid ongoing national drives, Togbe Afede XIV endorsed efforts to recover misappropriated funds and strengthen institutions, attributing corruption's persistence to a "disrespect for truth" among leaders rather than partisan failures, thereby maintaining a non-aligned stance independent of ruling party affiliations. At the Asogli Yam Festival on October 5, 2025, he urged both political and traditional authorities to prioritize and severe penalties for graft, framing his position as a call for systemic reform without endorsing specific administrations.

Philanthropy and Community Impact

Youth Empowerment Initiatives

Togbe Afede XIV has actively promoted youth through the Asogli State (ASYE) Forum, culminating in the 2025 edition where GH¢260,000 was awarded to eight promising youth-led startups during the grand finale on July 21. The initiative targeted innovative ventures in areas such as and , aiming to stimulate self-reliant within traditional communities like Asogli State, rather than reliance on handouts. In his address at the forum, Togbe Afede urged traditional leaders and development partners to prioritize funding for youth-driven , emphasizing its role in addressing economic challenges through practical rather than passive programs. He highlighted the need for and ethical grounding among the youth, stating that instilling values like and is essential to counter national stagnation and foster sustainable progress. This approach underscores a preference for private initiative, as evidenced by the direct cash infusions to viable startups, which have demonstrated early potential for scalability in local markets. Togbe Afede's broader advocacy includes calls for reforms that integrate with innovative skills, positioning youth-led ventures as multipliers for economic vitality in underserved regions. By focusing on measurable support like the GH¢260,000 disbursement—equivalent to targeted seed capital—these efforts seek to enhance startup survival rates, which in similar Ghanaian contexts often exceed 50% for funded innovations when paired with , though long-term data specific to ASYE remains emerging.

Development Projects in Asogli State

Under Togbe Afede XIV's , Asogli State has advanced rehabilitation through local partnerships, demonstrating self-reliant progress in addressing environmental and communal needs. In collaboration with the Municipal , the state initiated redevelopment of all municipal drains and waterways to mitigate flooding and enhance , with ongoing as of 2023. These efforts prioritize causal fixes to hydrological issues without relying on national budgetary allocations, underscoring chieftaincy's role in localized . To counter indiscipline and the ecological toll of illegal small-scale mining (), which has devastated water bodies and farmlands in the , Togbe Afede XIV has enforced communal oversight via traditional councils, condemning practices that permit excavation under residential areas and sensitive vegetation. His directives emphasize restorative discipline, linking to sustained in Asogli's yam-dependent economy. The Teza Yam , revived and annually overseen by Togbe Afede XIV, fosters cultural-economic cohesion by integrating traditional rites with calls for agricultural revival and infrastructural discipline; the 2025 edition, held on , reinforced community solidarity amid critiques of national graft, drawing chiefs from , , and to affirm cross-border ties. Complementing these, Togbe Afede XIV launched the African Traditional Leadership Institute in October 2024 to codify proven chieftaincy frameworks for governance efficacy, providing Asogli State with formalized tools for scaling domain-specific models like festival-led mobilization and anti-degradation enforcement. This institution targets verifiable outcomes in traditional administration, bypassing state bureaucracies prone to delays.

Awards and Honors

Togbe Afede XIV has received multiple national and international honors for his roles in chieftaincy, business, and . In 2005, he was named Personality of the Year at the Millennium Excellence Awards following a national vote. He also earned the Chieftaincy Leadership award at the same event in 2010. In 2008, President John Agyekum Kufuor conferred upon him the Officer of the Order of the Volta during National Republic Day honors, recognizing distinguished service to . The Ghana Club 100 Awards presented him with the Planters of Seed Award for returning from abroad to contribute to national development, as noted in rankings around 2005-2006. For entrepreneurial achievements, he received Special Entrepreneurial Achievement at the 3rd Ghana Entrepreneur Awards in 2012 and Best Entrepreneur in the Energy Sector at the 2010 World Entrepreneurial Day Awards. In 2021, he was adjudged Most Outstanding Chief of the Year at the inaugural Chieftaincy Awards, held in . That same year, he won 's Greatest Entrepreneur of All Time at the 12th Ghana Entrepreneur Awards ceremony on March 26, 2022. Additional recognitions include the Ultimate Man of the Year at the 2018 Exclusive Men of the Year Africa Awards and Entrepreneur of the Decade at the 2020 Ghana Entrepreneurs and Corporate Executive Awards. In 2011, he received the Golden Image Award in Liberia for peace and development initiatives.

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