Business magnate Alhaji Asoma Banda is dead

A trailblazer in Ghana’s shipping and aviation industries, Alhaji Asoma Banda has reportedly died.

He died in the early hours of March 1. He was 92.

The sad news was posted on social media by Delle Momudu, a Nigerian businessman and close associate of the deceased.

3news can confirm that he will be buried today in accordance with Islamic tradition.

Alhaji Banda made significant contributions to the country’s economic landscape with his Antrak Airlines which played a pivotal role in revolutionizing domestic air travel in Ghana and West Africa.

Sam Jonah, a renowned business magnate has paid glowing tribute to the late Alhaji Banda.

He wrote the following on social media:

This morning, Ghana has lost a true patriot, a visionary entrepreneur, and a giant of industry, Alhaji Asuma Banda. His passing is not just a personal loss to his family and friends but a national one, for he was a man who dared to dream, to build, and to open doors where others saw only barriers.

Alhaji Banda’s life was a remarkable story of determination, resilience, and boundless ambition. He was a pioneer in every sense, shaping the landscape of Ghana’s shipping and aviation industries. From establishing Antrak Shipping Line to revolutionizing domestic air travel and expanding his airline operations across West Africa, he demonstrated an unwavering belief in the power of African enterprise. His ambitions extended beyond our borders—he dreamed of taking his airline operations to the Middle East and across the continent.

I recall vividly his bid to take over Ghana Airways during my tenure as Chairman of the airline. He saw potential where others saw decline. He was a man who believed in the strength of Ghanaian ingenuity and the possibilities of a thriving national airline. Unfortunately, as has happened to many before him, his entanglement with politics proved costly. Ghana has witnessed too often how business and politics can be an uneasy mix, a lesson that should serve as a cautionary tale to future entrepreneurs.

Yet, Alhaji Banda’s legacy extends far beyond business. His story is one of inspiration to every young Ghanaian who dares to dream. He proved that success is not confined to those with extensive formal education. He embodied the true essence of learning, recognizing that knowledge is acquired not only in classrooms but through experience, curiosity, and an unrelenting drive to succeed.

He was a wise man, a historian in his own right, always eager to share insights about Ghana’s past. Conversations with him were a masterclass in history and business. He never concealed his humble beginnings, instead, he wore them as a badge of honor—proof that determination, hard work, and vision can elevate one from modest origins to the heights of success.

Ghana and Africa owe Alhaji Asuma Banda a debt of gratitude. He was a pathfinder, creating opportunities where none existed, proving that African entrepreneurs can build world-class enterprises. His life’s work has left an indelible mark on our nation’s economic landscape.

As we bid farewell to this extraordinary man, let us not only mourn his passing but celebrate his legacy. Let his story be a beacon of hope to the next generation of entrepreneurs. Let his resilience, his vision, and his unshakable belief in African enterprise continue to inspire.

Rest in peace, Alhaji Asuma Banda. Ghana salutes you. Africa honors you. Your legacy will endure.

The post Business magnate Alhaji Asoma Banda is dead first appeared on 3News.

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