Mr Francis Nyonyo (middle), Board Chairman, NLA, presenting the licence to Mr Alex Dadey (right), Executive Chairman, KGL Technology Ltd, with the support of Mr Kofi Osei-Ameyaw, Director-General, NLA

NLA, KGL Technology collaboration yields GH¢30 million

News Desk Report Aug - 20 - 2020 , 11:49

The National Lottery Authority (NLA) is set to receive GH¢30 million for licensing KGL Technology Limited for the year 2020.

KGL Technology paid an initial GH¢10 million as part of the licensing requirement to operate the NLA’s online lottery platform.

The company is expected to pay an additional GH¢10 million each in September and December, bringing the total commitment for the licence to GH¢30 million for this year.

KGL Technology, a wholly owned Ghanaian entity, is a newly licensed online lotto marketing company responsible for the running of the NLA's official short code *959#.

Unprecedented

A statement from the NLA said the achievement was the first in the history of the authority.

It said the ability of the NLA and KGL Technology to raise the amount into the Consolidated Fund in this era of the coronavirus disease (COVID-19) pandemic was a remarkable achievement for both the NLA and KGL Technology.