Ghanaian businessman Alhaji Asoma Banda passes away
Alhaji Asoma Banda, a trailblazer in Ghana's shipping and aviation industries, has passed away. He died in the early hours of Saturday, March 1, 2025.
The news of his passing was announced on social media by Nigerian businessman and close associate, Dele Momodu, who paid tribute to him on Instagram.
"Such a privilege knowing this adorable couple, ALHAJI & EDWINA ASOMA-BANDA, in the last three decades... Today, the elephant has fallen... May ALLAH bless BAABA for keeping ALHAJI comfortable to the end. May ALLAH comfort the entire family, his wives, and children," Momodu wrote.
In accordance with Islamic tradition, Alhaji Banda is expected to be buried on the same day.
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Tributes pour in for a business titan
Prominent businessman Sir Sam Jonah also eulogised Alhaji Banda, describing him as a visionary entrepreneur and national asset whose contributions shaped Ghana’s shipping and aviation sectors.
"This morning, Ghana has lost a true patriot, a visionary entrepreneur, and a giant of industry," he stated.
Jonah highlighted Alhaji Banda’s transformational impact on Ghana’s economy, particularly through Antrak Airlines, which revolutionised domestic air travel.
"From establishing Antrak Shipping Line to expanding airline operations across West Africa, he believed in the power of African enterprise. He saw potential where others saw decline, and his bid to take over Ghana Airways was a testament to his unwavering belief in Ghanaian ingenuity."
Jonah also reflected on the challenges Alhaji Banda faced in business, particularly the intersection of entrepreneurship and politics, which he said often proved costly for visionary industrialists.
"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."
Beyond business, Alhaji Banda was described as a historian and a mentor, who freely shared insights about Ghana’s economic past and future prospects.
"He never concealed his humble beginnings. Instead, he wore them as a badge of honour—proof that determination, hard work, and vision can elevate one from modest origins to the heights of success."
Jonah urged Ghanaians to celebrate Alhaji Banda’s legacy, stressing that his resilience and achievements should inspire future generations of entrepreneurs.
"As we bid farewell to this extraordinary man, let us not only mourn his passing but celebrate his legacy. His resilience, vision, and unshakable belief in African enterprise will continue to inspire."
A lasting legacy
Alhaji Asoma Banda’s contributions to Ghana’s economy remain indelible, with Antrak Airlines standing out as a game-changer in domestic aviation.
His passing marks the end of an era, but his entrepreneurial spirit, industry leadership, and advocacy for African enterprise will continue to influence business and development across the continent.
