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Ghanaian businessman Alhaji Asoma Banda dies

Kobina WelsingbyKobina Welsing
March 1, 2025
Reading Time: 2 mins read
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Alhaji Asoma Banda, a pioneering figure 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 shared 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.

Following Islamic tradition, Alhaji Banda is expected to be buried the same day.

Tributes Pour in for a Business Icon

Prominent businessman Sir Sam Jonah also honoured Alhaji Banda, describing him as a visionary entrepreneur and national asset whose impact 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 role in Ghana’s economy, particularly through Antrak Airlines, which revolutionized 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.”

Reflecting on the challenges Alhaji Banda faced, Jonah acknowledged the complexities of navigating business and politics in Ghana, which he noted had often been a stumbling block for visionary entrepreneurs.

“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 his business achievements, Alhaji Banda was remembered as a historian and mentor who generously shared insights on Ghana’s economic past and future.

“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 remarkable legacy, emphasizing that his resilience and accomplishments should serve as an inspiration for generations to come.

“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 impact on Ghana’s economy remains profound, with Antrak Airlines standing out as a major milestone 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 shape business and development across the continent.

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