Finance

North African airlines grab 45% of Africa’s air traffic

Friday, 24 June 2016 20:01

According to the latest edition of Secteur Privé & Développement (Private Sector & Development) published by Proparco, AFD’s arm in charge of private sector, Northern Afric airlines dominate Africa’s air traffic.

Over a total of 44.075 million passengers, these companies namely Egyptair (first with 18 million passengers), Air Algerie (second with 12 million), Royal Air Maroc (third with 11.035 million) and Tunisair (seventh with 2.666 million) grabbed nearly 45% of total number of passengers carried by African airlines, according to the London-based platform OAG, which analyzes the sector.

South African Airlines, which is presently encountering some challenges, Ethiopian Airlines, one of the continent’s most active airlines and Kenya Airways which is also quite present in Africa, despite its financial troubles, are respectively fourth, fifth and sixth.

The growth potential of the inter-African air traffic market is quite significant. Some experts estimate in fact that given Africa’s current communication issues, it is cheaper to build airport infrastructures than roads or railways.

However, according to Jean-Louis Barroux, CEO APG World Connect, cited by Proparco’s magazine, one of the major challenges in the sector is the compartmentalization of African skies. “It is difficult for most African nations to liberalize air transport as the airspace belongs to them and it holds a strong symbolic and political position for them,” he said.

He added that most public authorities in Africa lack, unfortunately, the skills and resources needed to properly manage this sector. Truly, in many countries are airlines’ directors still appointed due to their ties with the power in place, rather than for their actual skills.

Nevertheless, there are still airlines such as Asky, Rwandair or Air Ivoire that remain the region’s pride as they provide permanent or almost (90%) regular services within Africa. However, transportation costs are expensive, travelling duration are quite long (it can sometimes take 3 hours to go from Douala in Cameroon to Lagos in Nigeria). Another challenge is the difficulty for people to move freely between borders in Africa.

Idriss Linge

On the same topic
Reforms aim to improve efficiency, attract investment, boost lending Move follows bank recapitalization and push to support real sector Nigeria’s...
Senegal banks’ holdings of government securities rise 123% in 2025 Treasury borrowing drives shift toward longer-term bond issuance Credit to private...
Kenya signs supplementary budget raising spending to 4.69 trillion shillings Funds target security, education, housing, agriculture, health...
Gabon considers agency to strengthen asset recovery efforts Proposal targets illicit financial flows, financial crime enforcement Plan...
Most Read
01

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
04

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
05

West African Development Bank allocates $131.8 million to support cotton sectors in Burkina F...

BOAD Commits $131.8 Million to Cotton Sector in Burkina Faso and Mali
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.