Ghana has lost a towering figure in the business world with the passing of Alhaji Asoma Abu Banda, a visionary entrepreneur who transformed the country’s shipping, aviation, and transport industries.
Born in June 1933 in Kintampo, Alhaji Banda’s remarkable journey was marked by his relentless determination, innovative spirit, and philanthropic endeavors.
Alhaji Banda’s early life was shaped by his family’s business orientation, which instilled in him the skills and values necessary for success.
He pursued further studies in London, earning qualifications in Marketing, Management, and Shipping, before beginning his career at Imperial Chemical Industries (ICI) in London.
In 1975, he co-founded OT Africa Line and Antrak Group, expanding operations to 146 branches worldwide and creating over 500,000 jobs.
As the first African to own a ship and a Ghanaian aircraft, Alhaji Banda revolutionized domestic air travel with Antrak Air, opening new frontiers for business and connectivity in Ghana and West Africa.
His entrepreneurial achievements earned him numerous accolades, including the Companion of the Order of Volta, multiple honorary doctorates, and lifetime achievement awards from Ghana and beyond.
Beyond his business accomplishments, Alhaji Banda was a dedicated philanthropist, financing major projects such as the refurbishment of Korle Bu’s maternity ward, the establishment of Tema Container Terminal, and police infrastructure.
He also supported thousands annually and built a mosque in Accra, demonstrating his commitment to giving back to his community.
Tributes have poured in from across the country, with Chief Dele Momodu confirming Alhaji Banda’s passing in a social media post.
“Ghana’s iconic businessman ALHAJI ASOMA BANDA has passed on… My sincere condolences to his entire family and the good people of Ghana,” he wrote.
-BY Daniel Bampoe
