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Govt. of Ghana to own 10% of national airline, says Joseph Kofi Adda


Devdiscourse News Desk Accra
Updated: 07-12-2018 19:58 IST
Govt. of Ghana to own 10% of national airline, says Joseph Kofi Adda

The final agreement is likely to be signed before Christmas and the airline is expected to commence flying early 2019 (Image Credit: Flickr / Aero Icarus)

Ghana Government is likely to own 10 per cent of the national carrier due to operations starting 2019.

Ethiopian Airlines, 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, as reported by Graphic Online.

Joseph Kofi Adda, Ghana's Minister of Aviation, revealed on December 6 in the capital city Accra that a meeting is likely to take place next week for the Ghanaian investors to bid for the 41 per cent left.

Goil, Teachers Fund, GLICO, and Africa World Airlines (AWA) are some indigenous companies who have expressed interest in investing in the proposed home-based carrier, the website noted.

However, the final agreement is likely to be signed before Christmas and the airline is expected to commence flying early 2019.

COUNTRY : Ghana