Green Africa Expands Fleet, Acquires Second Aircraft

To increase capacity on its existing routes across the country, Green Africa announced on Wednesday the acquisition of its second owned aircraft.

The aircraft, an ATR 72-600 with manufacturer’s serial number 1064 and registration mark 5N-GAC, is expected to enter into service shortly after customary regulatory approvals.

In a statement by the founder & chief executive officer of Green Africa, Babawande Afolabi, Access Bank provided a Naira-denominated debt facility to partly fund the aircraft acquisition.

“As with the carrier’s first aircraft acquisition, Access Bank, one of the largest financial institutions on the continent, is pursuing strategic fleet expansion. We are delighted to welcome our second-owned aircraft (5N-GAC) to the fleet.

“The addition of 5N-GAC will help strengthen a sustainable foundation for Green Africa to grow and deliver on its promise to provide safe, reliable, and affordable air travel to a broader group of customers in the country and across the continent at scale.”

Also speaking, the managing director of Access Bank, Roosevelt Ogbonna, said the bank remains steadfast in providing innovative financial solutions to businesses.

Ogbonna said the partnership with Green Africa reflects the bank’s confidence in visionary enterprises that transform critical sectors of the economy.

He said, “At Access Bank, we are committed to empowering businesses that drive economic progress and create long-term value for society. Our partnership with Green Africa reflects our confidence in visionary enterprises that are transforming critical sectors of the economy.

“Following the strong performance of Green Africa’s first aircraft acquisition, we are proud to extend our support for this second aircraft, which will further enhance capacity and accelerate growth. We remain steadfast in our mission to provide innovative financial solutions that enable businesses to scale, thrive, and contribute meaningfully to Africa’s development.”