Green Africa, Nigeria’s emerging value airline, has announced the acquisition of its first-ever owned aircraft, an ATR 72-500. The aircraft, with the manufacturer’s serial number 852 and registration mark 5N-GAB, is expected to enter service soon after receiving regulatory approvals. Access Bank, one of Nigeria’s largest financial institutions, provided a Naira debt facility to help finance the acquisition.
Babawande Afolabi, Founder and CEO of Green Africa, expressed excitement about the milestone: “We are pleased to acquire our very first aircraft, another significant milestone for Green Africa. This new addition will play a vital role in supporting our mission to provide safe, affordable, and reliable air travel to more customers across the region.”
Roosevelt Ogbonna, Managing Director/CEO of Access Bank, also expressed support: “We are proud to partner with Green Africa on this momentous journey. We believe in the potential of the airline to redefine air travel in Nigeria and Africa, and we’re excited to support its growth with this acquisition.”
Launched in 2021, Green Africa quickly gained recognition for its punctuality and affordability, establishing itself as one of the leading low-cost carriers in Nigeria. With this acquisition, the airline is poised to further expand its reach and improve connectivity within Nigeria and across West Africa.
Green Africa’s continued focus is on connecting Nigeria and fostering economic growth through affordable air travel, with an aim to drive regional development in the coming decade.
About Green Africa
Green Africa is a Lagos-based value airline dedicated to making air travel accessible, reliable, and affordable. Since its inception in 2021, the airline has been committed to offering affordable fares without compromising on safety and reliability. With its expansion plans, Green Africa aims to play a key role in driving economic development across the region.
About Access Bank
Access Bank, a subsidiary of Access Holdings Plc, is one of Africa’s largest commercial banks with a presence across 20 countries on three continents. The bank is known for its corporate banking expertise and comprehensive retail and digital banking solutions, all aimed at promoting sustainable economic growth and innovation.
