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Home Uncategorized

Ghana to own 10 percent shares in new airline

Rashid Obodai Provencal by Rashid Obodai Provencal
December 6, 2018
in Uncategorized
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Ghana to own 10 percent shares in new airline
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The Minister of Aviation Joseph Kofi Adda, has said Ghana will have a 10 percent share of the national carrier due to be begin operations next year.

The Minister also disclosed that Ethiopian Airline is partnering Ghana will hold 49 percent with the remaining 41 percent reserved for Ghanain investors or the private sector.

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Ethiopian Airlines (ET), which is partnering Ghana to revive the country’s dream will also hold 49 per cent and the remaining 41 per cent stake made available to other Ghanaian investors.

Some companies including Goil, Teachers Fund, GLICO, and Africa World Airlines (AWA) have expressed interest in investing in the deal.

A final agreement is expected to be signed before Christmas. The airline is also expected to start flying early next year.

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